Process Solutions Product Information Note Production Balance Better Balances, Better Analysis, Better Production Management Honeywell’s Production Balance features advanced yield accounting capabilities for improved production management, providing plant personnel with the knowledge to make better production decisions. Production Balance is a yield accounting application designed for Upstream oil and gas rapid generation of an accurate and approved material or energy Oil refining balance around an entire facility, as well as individual processing Petrochemicals and chemicals units, resulting in true production and inventory statistics or Mining, metals and minerals official allocated production figures. Production Balance lets plants track and reconcile production data for individual components, as well as the total mass or volume of material. Benefits Know the true state of production and inventory (free of gross errors) Accurately report and review production results in a timely manner Identify both real and apparent (accounting) losses (enabling actions to prevent them) Improve production planning and analysis Reduce uncertainty around production decisions Successfully operated companies rely on the best possible information in order to make decisions and respond to changes rapidly. A yield accounting system that gathers and develops accurate information is essential to profitability. A thorough yield accounting system must provide the ability to: Production Balance is designed to improve production in the process industries. Close the books on a daily basis in order to reduce uncertainty and improve both financial and planning analyses Track key performance indicators, such as daily or monthly unexplained material gain or loss, or physical losses compared to plan or historical best Identify (and help to remove) missing or erroneous data, including those associated with flow meters, late or missing materials, movement records or problem analyzers Calculate allocated production quantities and/or approved inventory and production figures to feed financial reporting Production Balance has successfully been deployed in a number of industries and offers capabilities to support unique industry requirements. The product is intended for use in: Better Balances, Better Analysis, Better Production Management 2 Only Production Balance Meets the Entire Yield Accounting Challenge Production Balance is easy to use and maintain. Production Balance gives users the speed to perform interactive balancing, offers the best-in- class statistical data reconciliation (SDR) algorithm for identifying problems and provides the integration manufacturers need to interface with corporate financial systems. Production Balance allows yield accountants to close the books rapidly every day, and to view balance results according to product, inventory and unit. The SDR algorithm identifies problems such as gross errors and missing movements every time it calculates a balance. The Production Balance user interface allows analysts to correct errors and immediately see the resulting improvement in the balance. Graphical model building Features Best-in-class statistical data reconciliation (SDR) algorithm (linear or bilinear) Bilinear, iterative solver that allows adjustments to both quantities and qualities Support for simultaneous component balances (e.g. total ore, copper, zinc and water) Calculation of unmeasured flows or qualities, from redundant measurements Production allocation solver (e.g. allocate total production back to individual well heads) Unique capability to solve with either SDR or production allocation View the results of SDR and production allocation sideby- side Complex statistics are expressed in simple terms, guiding Supports API standard inventory calculations management has access to raw data, data with corrections and State-of-the-art user interface reconciled balance results, offering the flexibility to choose which Web reports for information sharing across organization (user configurable) values are used for official reporting purposes. Easy-to-use graphical configuration tool Superior handling of all materials movements unmeasured flows. Production Balance customers have used this Automated balancing and data reconciliation capability to provide balance results to operations with results Integration with plant historians (such as Uniformance® PHD) being updated as frequently as every 15 minutes. (Gross errors Available integration with enterprise resource planning (ERP) systems (such as SAP R/3) Balance Summary analysts to an appropriate balance. Furthermore, plant Production Balance also supports automated balance generation and automated reconciliation, including calculation of are not removed by automated reconciliation.) SDR Algorithm Offers Speed and Performance Better Balances, Better Analysis, Better Production Management The Production Balance SDR algorithm employs superior technology to solve complex yield accounting problems. Its unparalleled speed allows users to: Update the balance as gross errors are corrected and the balance envelope is adjusted Run the SDR solver or the production allocation solver or both Scheduled automatic reconciliation allows frequent generation of balance results to support operational decision making (e.g. hourly balances) Search for and identify potential missing movements, ranked in order of how they improve the balance Solve balances for multiple component flows/inventories (e.g. oil, gas and water) simultaneously and consistently Calculate unmeasured flows or qualities Calculate measurement adjustments and the likelihood of measurement errors for each measured flow Provide accurate feedback to operations and maintenance on the fidelity and reliability of the process and quality measurements 3 Capitalizing on the speed of the SDR algorithm, the Production Balance user interface allows the user to review, modify and accept changes and balance calculations as needed. This interactive balancing capability lets analysts run tests to determine what kinds of changes improve the balance. Balances for Production/Operations Because Production Balance integrates with real time historians, the time scale of the reconciliations is selectable, and can span operational and accounting boundaries. Thus the same tools and data structures can be used for the whole range of applications that ensure the quality of production data, from hourly/shift/daily to month end and ad hoc. Higher frequency reconciliations allow operations staff to be alerted to instrumentation drifts and other measurement problems almost immediately whereas other solutions do so only at month’s end. Reporting Production Balance offers a standard set of web reports for consistent, timely access to balance results by a wide audience. Reports are rendered using the Crystal Reports engine, which can be used to reconfigure the standard reports or add new reports to meet customer or site-specific requirements. Integration Production Balance is part of Business FLEX®, a family of more than 20 Honeywell advanced applications that may be installed individually or together. Business FLEX applications are designed to serve process plants in the areas of planning, scheduling, monitoring, production management, metrics Node Summary calculation and analysis, and follow-up. All of the applications in this suite utilize a shared Plant Reference Model, so common A Real-World User Interface for Interactive Balancing equipment or material items only need to be built once. The Production Balance user interface reflects the way production accountants and balance engineers really work and Additionally, the applications are pre-integrated, so information delivers results in an easy-to-understand, rational format that flows automatically across the system without the need for allows users to: custom interfaces. Significantly reduce the analysis time required to generate a satisfactory balance Develop a more structured and automated yield accounting function that reduces the risk of having only a few personnel who know how to close the balance Complementary Products Automated Movement Capture Honeywell’s Blending and Movement Management (BMM) System communicates planned material movement and blending Assess at a glance the quality of the materials balance and distinguish between gross errors and normal variations in the balance activities to operators, supports the execution of those activities View production allocation results side-by-side with reconciled balance results, allowing users to identify and remove gross measurement errors prior to publishing the allocated production figures Production Balance to automatically receive the actual movement and ensures that actual movement quantities are captured. Production Balance and BMM are pre-integrated, enabling quantities. This helps to eliminate one of the most common problems with balance closure – missing movement information. Better Balances, Better Analysis, Better Production Management 4 Well Test Results Well Test Manager enables and manages the capture, historization and analysis of well test data. It will lead the operator through the well testing process and provide continual test status feedback. It provides extensive displays in a web browser for offshore data analysis and validation. The application also displays calibration curves and well test constants and offers on-screen trending of the operating curve, as well as providing on-line comparison with previous tests to help operators determine the current well performance. Missing Movements Tracking Inventory by Component Production Balance draws upon the information captured by Well Test Manager to drive the material balance and production allocation calculations. Honeywell’s Tank Composition Tracking application works in conjunction with Production Balance to track the components ERP System/Supply Chain Integration within a given storage location. For example, Tank Composition Honeywell’s Business Hiway XML Service provides a robust, Tracking can be used to track the composition of crude tanks configurable mechanism for integration of ERP systems (such as (percentage of each grade in the tank) and to calculate material SAP R/3) with the manufacturing environment. Production transfer quantities for each grade. Balance provides validated material movement and inventory Plan vs. Actual Analysis information to these higher level business systems and can optionally import material movements (such as shipments or Production Analyst provides comprehensive capabilities for receipts). comparison of planned production results with actual production results from Production Balance. In addition to standard, and ad- KPI Reporting hoc plan vs. actual reports, Production Analyst also supports KPI Manager provides a common platform to consistently track backcasting, enabling the planners to continuously improve the and measure performance across an organization. By underlying planning model(s). automating the generation and collection of key performance Graphically View Production Data indicators (KPIs) from a variety of sources, including Production Balance, KPI Manager offers a simple way to summarize and Honeywell Workcenter provides all the tools needed to configure analyze production performance through a standard, web-based flow-sheet style displays of raw, reconciled or allocated application that can be reviewed by management and plant production data. personnel on a daily basis. Continuous Improvement Honeywell is committed to continuously improve its offerings and ensure that our installed base customers continue to reap the benefits of their investments. The following highlights of Production Balance enhancements in successive releases since R200 are testimony to this pursuit of excellence: View results with Workcenter Extend support to collect data from non-Honeywell historians via OPC HDA Performance enhancement in areas of DB upgrade, Case Reprocessing, Background processes and Inventory Calculations Resolved PB Client crash scenario. Resolved Data Integrity issues in DB upgrade process Support Multiple Missing Movements in the same route Better Balances, Better Analysis, Better Production Management Support for VCF calculation method as per Japanese standards Propagate Crude Composition results to subsequent periods Enhanced Platform support to meet our customer’s evolving IT policies (see table alongside) Automatic Writeback of balance group results to Historian Support cross-firewall integration for receiving data from Movement Management system (Honeywell’s BMM) 5 Internet Explorer IE 8.0 and 9.0 versions, 32-bit are supported IE 10 32 bit (Compatibility Mode) Platform Requirements Microsoft Office Microsoft Office 2013; 2010, SP1; 2007, SP3 Oracle Oracle Server 10.2.0.5 or 11.2.0.3.0, Standard Edition One, Standard Edition, and Enterprise Edition, 32-bit and 64-bit Crystal Reports Crystal Reports Server 2008 V1 SP5 Uniformance PHD 215; PHD 300; PHD310 The Production Balance user interface runs on Microsoft Windows. Production Balance requires Honeywell’s Uniformance System. Supported platforms are: Windows Version With this technology refresh, Production Balance is poised to enter into a new era of next generation of innovative products Client Server Windows 7 SP1, Professional & Enterprise Editions, 32-bit and 64-bit X Windows XP SP3, 32-bit X Windows Vista, Business, Enterprise, and Ultimate Edition SP2, 32-bit X Windows Server 2008 SP2, Standard Edition, 32-bit & 64-bit Enterprise Edition, 64-bit X X Windows Server 2008 R2 SP1, Standard and Enterprise Edition, 64-bit X X For More Information Learn more about how Honeywell’s Production Balance can help improve your Production Management, visit our websitewww.honeywellprocess.com/software or contact your Honeywell account manager. under the Intuition® platform. Intuition® Uniformance® and Business FLEX® are registered trademarks of Honeywell International Inc Honeywell Process Solutions Honeywell 1250 West Sam Houston Parkway South Houston, TX 77042 Honeywell Control Systems Ltd, Honeywell House Skimped Hill Lane Bracknell RG12 1EB Shanghai City Centre, 100 Junyi Road Shanghai, China 20051 www.honeywellprocess.com PN-06-10-ENG November 2013 © 2013 Honeywell International Inc..
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