Our Axis product solves complex hydrocarbon accounting problems

complex-hca-problemsIn today’s environment of shared infrastructure and advanced production techniques, allocating product flows to fields and owners with the necessary level of accuracy can mean implementing highly complex calculations.

Axis has a powerful calculation engine that is specifically designed for allocation processing and can manage large volumes of data and complex mathematical formulae. It comes with a built-in library of industry-standard calculations, including ISO and AGA methods for determining gas properties, COSTALD for liquid density and the Peng-Robinson equation of state for flash vessels. These methods can be used as needed to implement even the most complex allocation procedures.