JP3 Measurement launches Data Services offering

JP3 Measurement LLC has launched a Data Services offering for the oil and gas industry, which includes real-time hydrocarbon composition and physical property analysis with no capital expenditure or long-term contract commitment. JP3 will provide all necessary equipment, software, and services to commission and maintain the measurements.

Customers will pay a monthly data services fee. Customers may maintain the plan for as long or as little as they choose with no termination penalties or costs.

Available measurement packages include:

• Vapor Pressure
• C1-C6+ Gas Composition
• C1-C6+ Liquid Composition
• Extended Gas and Liquid Composition
• BTU
• Natural Gas Custody Transfer

"JP3 is highly aware of the current capital constraints our customers face. Demonstrating our long-term commitment to the market and our customers, we are pleased to offer this plan which allows users to quickly achieve the benefits of real-time analysis, while funding them with the operational benefits generated," stated Matt Thomas, JP3 President and CEO. "We are confident that this offering will allow our customers to continue to advance and compete in a very difficult global market."

Utilising Near Infra-Red spectroscopy, JP3 provides measurement capabilities covering custody transfer, composition analysis for crude oil, condensate, NGL and gas streams, vapour pressure analysis, specific gravity, relative density, BTU, and many other physical and chemical properties.

Edited from various sources by Angharad Lock

Read the article online at: https://www.hydrocarbonengineering.com/product-news/14062016/jp3-measurement-launches-data-services-offering-684/