Announcing new flare.IQ feature for Combustion Efficiency:
As global regulations and guidelines are taking shape, the Combustion Efficiency (CE) and Destruction Removal Efficiency (DRE) have become the preferred measurand. In addition, reporting emissions in terms of CO2 equivalent is a standard practice. So, in case of Methane emissions, these will get converted to ‘CO2 equivalent’, for easier comparison and reporting.
Pushing the boundaries of innovation, flare.IQ now provides operators to monitor and report online flare Combustion Efficiency, Destruction Removal Efficiency and CO2 equivalent for both upstream (non-assisted) and downstream (assisted) flares.
In oil and gas operations, real-time flare optimization has significant and far-reaching consequences. Using ultrasonic flare control solutions makes it possible to improve Return on Investment (ROI) while simultaneously seeing advancements in safety, mitigating risk and reducing potentially negative environmental impact.
Download the Technical Brief to see how Panametrics’ flare.IQ can help improve the efficiency of your flare operations.
flare.IQ: Advanced flare control and digital verification platform
Increasingly becoming part of operators’ decarbonization strategies, Panametrics’ revolutionary flare.IQ energy transition technology is optimizing flare operations and significantly reducing methane emissions for customers across the globe.
The equivalent of removing 34,000 cars from our roads. That’s how much emissions flare.IQ can save from a typical oil and gas refinery producing 500k barrels a day, running at 70% flare efficiency.
Incomplete flaring is one of the major causes of methane slip emissions (one of the most harmful forms of emissions and 86 times more potent than carbon dioxide over a 20-year period) across the oil and gas industry. Operators are increasingly turning to advanced digital solutions to monitor, measure, and drive down methane emissions.
A Full-Stream Flare Solution
Panametrics’ groundbreaking flare.IQ technology significantly reduces methane slip emissions, minimizes costs from flaring operations, and improves transparency for flare operations. flare.IQ is a full stream flare solution, covering assisted flares associated with downstream Petrochemical and refinery, all the way to unassisted flares associated with upstream operations.
Air or Steam Assisted Flares: By using flare.IQ and its patented algorithm, operators can pull critical information about their flare system, including temperature, pressure, vent gas velocities, and gas composition to calculate the optimum levels of flare performance and ensure 98%+ high-efficiency flare combustion.
Providing accurate, real-time production floor data, flare.IQ enable operators to intervene quickly and optimize flare combustion efficiency. By mixing the right amount of vent gas, fuel and steam at the flare tip, helps operators comply with regulations and reduce emissions.
Unassisted flares: CE% (Combustion Efficiency) and PEMS (Predictive Emissions Modeling System Governmental): The use of flare.IQ for unassisted flares - largely represented in Upstream Oil & Gas operations - provides live monitoring of the combustion efficiency to ensure real-time data reporting. While the gas composition is more stable than what is seen in Downstream operations, when combustion efficiency drops, it is captured immediately, and remediation actions can be taken by the operator. It also provides predictive emissions data by calculating the CO2 being released to the atmosphere. This solution is easy to deploy and is cost-effective when compared to the alternatives for monitoring emissions.
Deploying flare.IQ, operators can also verify flare meters remotely. This helps ensure customers avoid any carbon tax penalties associated with flaring, but also improves efficiency and reduces the HSE risk of erecting scaffolding and deploying resources to manually verify flare meters.
flare.IQ Operator Benefits:
- Deliver high-efficiency flare combustion and significantly reduce methane emissions and steam usage
- Avoid any carbon tax penalties associated with flaring
- Manage flare assets remotely 24/7
- Identify issues early and intervene quickly by having access to real-time combustion efficiency data on the production floor
- Verify flare meters remotely, eliminating the logistical and operational costs of technician support, scaffolding, and permit application associated with traditional flare verification
- Eliminate the HSE risk associated with scaffolding