EnSys Energy
Informing key decisions in the global oil industry

Phone: (781) 274-8454 | Email: info@ensysenergy.com | Upstream affiliate: Ensys Yocum

Integrated Global WORLD Model

EnSys’ World Oil Refining Logistics and Demand (WORLD) Model extends analytical boundaries by bringing the key parameters of the downstream into one system. WORLD captures and simulates the global and interlinked nature of the present and future petroleum industry, providing projections for global refining activity, investments, margins, and utilizations, crude and product flows, and pricing/differentials across alternative scenarios.

What WORLD Enables

At the core of its functionality and value is the model’s ability to:

  1. Model the interactions among refining, supply, demand, transport and regulation within and between regions
  2. Efficiently address multiple time horizons and scenarios

As a result, industry stakeholders from government agencies, to industry institutions to producers, refiners, mid-stream, marine and technology organizations work with EnSys or license WORLD to examine and foresee the impacts of new developments from reference supply/demand outlooks to regulatory initiatives, to new logistics to process technologies.

How WORLD Works

WORLD works by marrying together top-down oil price demand and supply data and outlooks (from EIA, IEA, OPEC or other sources) with EnSys’ own bottom up detail on refining, products, and transportation.  Given a “top down” outlook, the model provides projections of global refining developments, (throughputs, expansions, investments, utilizations, closures and margins), crude and product flows and crude and products regional pricing/differentials (relative to an input marker crude price). Refining CO2 emissions are also computed as are other parameters such as catalyst requirements and product blending and quality detail.

WORLD Flexibility and Formulation

The WORLD Model is highly flexible, with the ability to model short, medium, and long-term forecasts.  The model can also be adjusted for focused analysis on a specific aspect of the supply system such as land or marine fuels quality regulations, condensates or FCC modes, regional crude logistics and trade, the impacts of a carbon regime initiative or new process technology developments.

The 2015 version of the WORLD Model divides the world into 22 regions with the greatest level of detail dedicated to the USA and Canada thus delivering the capability to project the market impacts of on-going regional supply and logistics developments.  This detail can however be “shifted” depending on client interest in order to create a WORLD variant with focus on one or more other world regions.   The 2015 Model version has also been reconfigured to explicitly represent Mexico as its own region. Thus, enabling improved analysis of the many developments expected to come from the country’s energy reform.  The core of the WORLD Model is the RTEC Refinery Technology module used to accurately simulate the actions of the global refining industry.

Contact us today at info@ensysenergy.com or 781-274-8454 to discuss how WORLD modeling can support your organization.

 

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Additional WORLD Information & Recent Studies

The WORLD Model forms the basis of many EnSys Energy consulting assignments.  Our goal is to deliver meaningful, quantitative insight into key strategic questions affecting the industry at the national, international and global level.   For examples of recent studies click here.

To read more about the capabilities of the WORLD Model: Download WORLD Brochure*

*Free Registration Required

 


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