The ever-increasing complexity of the global marketplace is making optimization invaluable to organizations. With easier access to such powerful tools, more companies are turning to optimization-based prescriptive insights to help make crucial tactical, operational and strategic decisions.
With River Logic’s Oil & Gas solutions, our customers can optimize asset-performance across their entire value chain, whether they’re in the upstream, midstream, or downstream sector. Our customers can optimize commodity trading and logistics, reduce project cycle time and CAPEX, manage risk, optimize decisions on new products/alternatives, refinery expansion and more.
Combine an engineering-quality representation of your plant with an audit-quality representation of financials to find the design that maximizes net present value.
Pursue the most effective decisions to support operations, whether allocating maintenance crews to field assets or sending ships to marine terminals.
Optimize production and product mix to find the combination that maximizes financial outcomes, even as input costs and market prices change.
Evaluate investments against a realistic picture of the existing asset base to find the optimal combination that maximizes return on invested capital.
Respond to unplanned disruptions and new market developments in near real time with a plan that maximizes business performance.
Translate input cost and product price fluctuations into accurate operational and financial forecasts, driving higher confidence in new investments.
“The optimal decision today…might not be the optimal decision tomorrow. The world keeps changing. It’s annoying. Luckily, there is intelligent modeling that keeps track of all those changes and recalibrates the situation each time you run the model. You can actually set it up to have the model compare itself to what’s actually happening.”