News

Owing to the continuing Pandemic we have decided to move our October 2021 BCP course to Week 17 of 2022 (25.04.2022 – 29.04.2022).

API MPMS Chapter 12.2, 2nd Edition, Calculation of Petroleum Quantities Using Dynamic Measurement Methods and Volumetric Correction Factors, has been released in July 2021 and supersedes the following standards, all of which are withdrawn:

• API MPMS Chapter 12.2.1, 2nd Edition 1995,
• API MPMS Chapter 12.2.2, 3rd Edition 2003,
• API MPMS Chapter 12.2.3, 1st Edition 1998.

QuantityWare will carefully analyze this new edition with respect to any impacts on the supported QuantityWare BCS calculation models.

We thank our customers and allied consultants for their trust in our product and company. Over 15 years, we have:

• served over 90 customers in more than 30 countries
• supported SAP platforms from legacy ECC, to the latest S/4 HANA genres
• provided the industry with a unique, cohesive ISO 91:2017 quantity-conversions solution
• extended our network of certified consultants – providing independent global support.

We are responsible for the calculation of billions of dollars’ worth of product throughout the industries’ value chain, from the largest E&P companies to the smallest secondary distributors.
Natural Gas and Hydrogen adoption are the next challenges and we are already at work on these topics.

In reaction to the current challenges presented to the industry through the global Corona pandemic, QuantityWare has decided to provide the following assistance to our customers and prospective customers as follows:

• QuantityWare tries to offer the lowest prices to its customers; for this reason, our prices for existing agreements have been held stable since 2015. To enable consistent future planning and reduce budgetary pressure, our price matrix values will not be increased until 2024.
• A 10% discount will be given on the NET sum of all BCS annual invoices raised in the period 01.05.2021 to 30.04.2022. This discount will be defined on the invoices as “CPD” and will be added automatically – no specific application or request is necessary.

If our (prospective) customers have any questions regarding this topic, please open an “Agreement” ticket in our service portal – https://service.quantityware.com.

Today QuantityWare has published the Release Notes for BCS 30A CSP-002 / 30B CSP-001, which will be shipped in Q3 2021. The Release Notes document can be found here (Link) in our knowledge base.

ASTM D4311 does not support temperature corrections for emulsified asphalt. Thus, QuantityWare has reviewed the MS-19 Basic Asphalt Emulsion Manual, which provides a temperature-volume correction table B.1 for emulsified asphalt. This manual is classified as a regional/product specific standard. With note 000096, an advanced development is now delivered to all QuantityWare BCS customers, to support emulsified asphalt quantity conversions based on the MS-19 volume correction factor table.

The QuantityWare Bulk Calculations Solution 3.0 (BCS 30B) has successfully completed its certification as the only “SAP® Certified – Integration with SAP® S/4HANA Cloud” quantity conversion and governance solution available for the SAP Oil & Gas solution; thus BCS 30B has now been released by QuantityWare for productive usage on SAP Oil & Gas on S/4HANA 2020 (S/4HC 2020_EX).

The start date for the first BCP training in 2021 has been set to October 4th. All important details – with special emphasis on the current COVID-19 Pandemic – can be found in our training section.

The QuantityWare Bulk Calculations Solution 3.0 (BCS 30B) has successfully completed its certification as the only “SAP® Certified – Integration with SAP® S/4HANA” quantity conversion and governance solution available for the SAP Oil & Gas solution; thus BCS 30B has now been released by QuantityWare for productive usage on SAP Oil & Gas on S/4HANA 2020.

In a recent SAP community blog entry, Girish Nair provides an excellent and detailed summary on the Quantity Conversion challenges in the oil & gas industries.