2023 Worldwide Refinery Survey with Complexity Analysis

The Worldwide Refinery Survey and Complexity Analysis combines the Worldwide Refinery Survey with the Nelson Refinery Complexity Index. The Oil & Gas Journal's Worldwide Refinery Survey is the source for this survey.

Summary

The Worldwide Refinery Survey and Complexity Analysis combines the most current Worldwide Refinery Survey with the Nelson Refinery Complexity Index. Additionally, the survey includes ownership percentages. Listed are the individual or multiple owners and their percentages.

The Nelson Refinery Complexity Index is a cost-based index, and provides insight into such things as:

• refinery construction costs,
• replacement value,
• conversion capability, and
• product slate.

The Nelson and the Equivalent indices have been improved and upgraded based on the author Daniel Johnston's extensive research, analysis and discussions with those in the industry. Specifics are detailed in the documents enclosed with the spreadsheets.

Other criteria that make an index practical include:

• consistency,
• repeatability,
• compatibility with the available data, and
• ease to understand and access.

Both the Nelson Complexity Index (NCI) and Equivalent Distillation Capacity (EDC) are included and calculated into the regular Refinery survey spreadsheet.

About the Nelson Complexity Index

The Nelson Complexity Index is a pure cost-based index. It provides a relative measure of refinery construction costs based on the distillation and upgrading capacity a refinery has. The index was developed by Wilbur L. Nelson in the 1960s to quantify the relative cost of the components that make up a refinery.

The Nelson index compares the costs of various upgrading units such as a catalytic cracker, or a reformer to the cost of a crude distillation unit. NCI and EDC statistics have become widely used in industry literature to provide insight into various aspects of refinery value or operations.

The Bottom of Barrel Index is also included. The BoB index provides a means of quantifying and characterizing a refinery's ability to process heavy crudes and produce premium refined products. It represents the combined capacity of a refineries Coking, Catalytic Cracking and Hydrocracking units relative to Distillation Capacity (expressed as a percentage). 

Data

 2023 Nelson Complexity Indices:

• Distillation Capacity
• Vacuum Distillation
• Thermal Processes
• Catalytic Cracking
• Catalytic Reforming
• Catalytic Hydrocracking
• Catalytic Hydrorefining
• Catalytic Hydrotreating
• Aromatics
• Isomerization
• Lubes
• Asphalt
• Hydrogen (MCFD)
• Sulfur Extraction

Reasons to Buy

• Spreadsheet format
• Ability to sort
• Ability to create pivots
• Ability to analyze across all fields
• Includes the Oil & Gas Journal's PDF article about the survey

Date Published

February, 2023

Options

Single, Multiple and Enterprise Licenses available. Historical and Past Year Surveys also available