Patent ID: 7966331
Filing Date: 2011-06-21
Classification: G06Q

Abstract:
1. A system for assessing and optimizing crude selection comprising: a tangible memory; a database disposed on the memory storing data comprising crude characteristic data related to a plurality of different crudes or crude blends and crude processing data related to crude processing at a plurality of different operational conditions; and a predictive engine having programmable instructions configured for execution by at least one processor, wherein the predictive engine is configured to assess similarity of the crude characteristic data and the crude processing data of the plurality of different crudes or crude blends with input crude characteristic data and input crude processing data of the respective crude or crude blend to output statistical best matches with the data stored in the database, wherein the predictive engine is configured to execute at least one predictive performance and/or risk assessment model designed to optimize or improve a refining process based on the statistical best matches.