Our Proven Practices Pave The Way for Sustained Growth
This organization is a diversified energy manufacturing and logistics company with unique businesses in Refining, Midstream, Chemicals, Marketing and Specialties. Acclaim was retained to establish more efficient operating configurations and to assess added value from demand response and alternate utility rates for its crude and liquid pipelines.
Situation
Client spent for energy + drag reducing agent > $50 million annually.
Detailed Summary
Client considered future technology investments across their enterprise; it wanted to estimate the financial impact to qualify these potential expenditures. Client traditionally relied upon a simple “playbook” of station configurations to select pumping schemes.
Opportunity
To conduct a thorough assesment of their operations to help educate leadership and identify operational inefficencies and opportunities for cost reductions.
Detailed Summary
Acclaim Energy enabled the organization to explore scalable offerings by enhancing their understanding of the energy and drag-reducing agent relationship within their energy portfolio. This resulted in cost reductions, improved efficiency, and a stronger competitive position, while also uncovering new growth opportunities for a more resilient business model.
Impact
Acclaim’s data analytics provided alternative system configurations demonstrated within the data to save between 10% and 14%.
Detailed Summary
Through our collaborative approach, Acclaim discovered that additional savings were possible through focused optimization at the station level. Annual pipeline pumping costs exceed $50 million, with savings potential as high as $7.5 million per annual.