LSTS Group’s specialty is defining projects from conception. Our technical studies provide Owners with a solid process design and open book estimate that can be used to initiate discussions with EPC firms. Our technical studies also provide Owners with sufficient technical data to obtain environmental permits and develop economic models. We offer technical studies for a variety of process technologies and unit designs including stick-built, modular, and relocated facilities.
LSTS Group Technical Study deliverables typically include:
- Project Overview and Outline
- Refinery Configuration Block Flow Diagrams (BFD’s)
- Tank Farm and Supporting Unit BFD’s
- Estimated Products Yields and Properties
- Predicted Utility Consumption
- Process Flow Diagrams (PFD’s)
- Major Equipment List with sizing
- Preliminary Layout (Modular or Stick-Built)
- Process and Operations Narrative
- AP42 Calculations
- +/- 25% Estimated Price for Process Units delivered Ex-Works From a Fabricator’s Shop
- +/- 30% Estimated Costs for Installation of Units & Supporting Facilities
- Estimated Budget Costs for Shipping to Site
- Basis of Estimate, Including Detailed Open-Book Cost Estimates
- Preliminary Schedule for Delivery Ex-Works Fabricator’s Shop
- Overall Estimated Schedule for the Total Facility Including ISBL, OSBL and Utility Systems
Capital projects require extensive research, process planning, budgeting, and forecasting to properly analyze solutions and mitigate project risks. LSTS Group’s main objective is to assist Owners and Operators through the various stages of design, engineering, and construction. Our expertise in conceptual design, technology selection, plant configuration, estimating, scheduling, logistics, and constructability provide an unmatched set of skills perfect for your project.