AUSTIN, Texas, Oct. 15, 2021 /PRNewswire/ -- JP3 Measurement,
LLC ("JP3"), a wholly-owned subsidiary of Flotek
Industries, Inc. (NYSE: FTK) today announced the release of
AIDA, a revolutionary new patent pending application for its line
of VeraxTM near infrared real-time analyzers. Short
for "Automated Interface Detection Algorithm," the AIDA
application provides real-time detection of interfaces in a
liquids pipeline. Rapidly deployable on
VeraxTM analyzers without the need for additional
sampling or chemometric modeling, the AIDA application can identify
products such as refined fuels, crude and NGLs with its
advanced machine learning algorithms that detect interfaces
within 60 seconds. This allows operators to cut batches
quickly and accurately, reduce the mixing of two separate
products (known as "transmix") and minimize off-spec product that
requires downgrades.
"The AIDA application is a game-changer in transportation of
multiple products in a common pipeline," said TengBeng Koid, JP3's
President. "The rapid identification of batch interfaces
allows operators to reduce product downgrades and transmix
significantly and hence increase their profit margins. It can also
reduce their carbon footprint, as a reduction in transmix means
less energy is needed for transportation and reprocessing of
transmix, thus enhancing their ESG scorecard."
The AIDA application is compatible with all JP3
VeraxTM analyzers. VeraxTM analyzers
can measure hydrocarbon composition, vapor pressure, boiling point,
flash point, API gravity and other physical properties in seconds.
VeraxTM analyzers have no moving parts, no consumables,
and no sample conditioning system, which extends system life and
reduces maintenance costs.
To learn more about technical aspects of AIDA, please visit
https://www.jp3.com/products/aida-application or contact
sales@jp3.com.
About JP3 Measurement, LLC
Headquartered in Austin, Texas,
JP3 Measurement, LLC was founded in 2005 and provides the
industry's only field deployable, real time, in-line optical
analyzer for both liquid and natural gas measurement. With
hundreds of measurement points in the field, JP3 is focused on
improving the quality of hydrocarbon measurement and process
control for the oil & gas industry. JP3 has been a wholly
owned subsidiary of Flotek since May 2020. For additional
information, please visit www.JP3.com.
About Flotek Industries, Inc.
Flotek Industries, Inc. creates solutions to reduce the
environmental impact of energy on air, water, land and people. A
technology-driven, specialty green chemistry and data company,
Flotek helps customers across industrial, commercial, and consumer
markets improve their Environmental, Social, and Governance
performance. Flotek's Chemistry Technologies segment develops,
manufactures, packages, distributes, delivers, and markets
high-quality cleaning, disinfecting and sanitizing products for
commercial, governmental and personal consumer use.
Additionally, Flotek empowers the energy industry to maximize
the value of their hydrocarbon streams and improve return on
invested capital through its green chemistry technologies and JP3's
real-time data platforms. Flotek serves downstream,
midstream, and upstream customers, both domestic and international.
Flotek is a publicly traded company headquartered in
Houston, Texas, and its common
shares are traded on the New York Stock Exchange under the ticker
symbol "FTK." For additional information, please visit
www.flotekind.com.
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SOURCE Flotek Industries, Inc.