Your Update on Flow, Temperature, and Pressure Measurement from
Executive Editor: Dr. Jesse Yoder; Volume 17, Number 1 - ISSN
Letter from the President
Let me begin by
wishing you all the best during this holiday season! I
hope you are able to take some time off and relax with family and friends.
Now is also an excellent time
to reflect on this year’s accomplishments and to think about your plans
for the New Year. We have much
to be thankful for in 2015, and even more to look forward to in 2016.
This year had many
highlights, including the MCAA Conference in April, the ISFFM Conference
in April, and the North Sea Flow Measurement Workshop in Norway in October
2015. I made new friends and
reinforced many existing friendships at these events.
The North Sea Conference was especially exciting, as it focused on
I was also
privileged to attend the Iconic Conference in Washington, DC on November
11, which was organized by Inc. Magazine and CNBC.
It featured many notable speakers, including Marcus Lemonis (from
CNBC’s The Profit), Kevin O’leary (Shark Tank), Kevin Plank (founder
of Under Armour), Kenneth Cole (American designer), and many other
The conference was
geared towards entrepreneurs, and I got some extremely valuable insights
from these highly successful people. One
of the most valuable was from Kevin Plank, founder of Under Armour, a
producer of sportswear and athletic apparel.
At his company meetings, he reminds people “Don’t forget to
sell your shirts and shoes.” Shirts
and shoes are the staples of Under Armour’s business.
What I took this to mean is “Focus on your core business, and the
rest will follow.”
biggest achievement this year was researching and publishing our gas and
liquid flow calibration studies. As
part of the research for these studies, I visited flow calibration
facilities in both Europe and American, including NMi Euroloop, VSL, and
CEESI. I also visited the flow
calibration facilities of a number of flowmeter manufacturers.
This study has never been attempted before, and the results are
Most importantly, I
wanted you to become better acquainted with our staff, some of whom have
been with Flow Research for more than 10 years.
Believe me, the many studies we produce could never happen without
this talented and devoted group of people.
My philosophy is to try to find what each person is best at and
enjoys, and allow them to work at those things as much as possible.
On our wall is the saying “Teamwork makes the dream work.”
This is something we really practice here at Flow Research.
But enough talk of
business – let’s celebrate the season!
And thank you for your loyal support throughout the year.
2. Meet the Staff of Flow Research!
Yoder tends to be the name our clients hear the most when dealing with
Flow Research. But behind him
is our small and dedicated army. While
more work-oriented staff profiles are included in our studies, we thought
we would present here a little more informal and personal glimpse of the
Flow Research staff. (The year
in parentheses is the year they joined Flow Research.)
(2002) loves to be on the move. She
travels extensively, but still manages to keep her hand in with Flow
Research. Her contributions to
the company have been invaluable, on-site or off. Belinda
has a zest for life: she loves to dance, is a beautiful soprano, and a
true adventurer. It’s always
an event when Belinda’s travels bring her to Massachusetts and the
offices of Flow Research. It’s
like a well-known but little-seen celebrity is visiting!
(2004) is largely responsible for searching out pertinent and interesting
facts about companies, products and processes. He
then takes the knowledge and creates a comprehensive ‘big picture.’ Flow
Research gets requests for custom projects, and this is another area in
which Norm’s light really shines. Concentration
is required for both the Company Profiles and the custom projects, but
despite the serious work he always has a ready wit and unpredictable sense
of humor! Outside of work,
Norm’s many interests include travel, gardening and music.
When we simply
can’t get one of our applications to do what we want, there’s only one
thing to do: ask Leslie Buchanan (2010).
With incredible patience,
Leslie helps us sort it out. She’s
involved in many aspects of production from setting up working files to
assisting with research and content, and, then, when the rest of the
office has made their contributions to a publication, she helps pull it
all together, chases down the details, and makes it looks nice, using her
wondrous formatting skills. Beyond
her life at Flow Research, Leslie is also skilled with ‘handyman’
work, orchids, pets, and does volunteer work.
executive assistant, Nicole Riordan
(2009) does so much in the way of helping take care of the details that
keep the business details and myriad office tasks of Flow Research
flowing. She’s flexible,
helpful, and always has a smile and friendly word for everyone. Outside
of Flow Research, she takes college classes, makes beautiful crafts, and
her many interests include animals and baking.
Both an avid reader
and writer of fiction, Vicki Tuck (2012)
loves using her facility with words to help with written outreach to our
many clients. Along with so
many at Flow Research she’s a devout animal lover, but as of yet has not
succeeded in getting a sparrow to sit in her seed-filled palm. She
has a penchant for celebrity gossip which she shares with another staff
member who shall remain unnamed. Art,
literature and the blues are among her loves.
You might call Christina Glaser (2010), the Greta Garbo of Flow Research — the
‘star’ behind Flow Research’s ‘screen presence’ on the web.
We don’t get to see her anymore because she now works off-site,
but we are all very aware of her great work keeping our websites looking
good. When given an
assignment, it is uncanny (almost phenomenal!) how quickly and perfectly
the job is done. Outside of
Flow Research, she enjoys time with her family, hiking and is very
creative with crafts and artwork.
Many people groan
when they get a phone call for market research information, but Rich West (2014) makes the other person feel that they’re talking
with a friend. With his
enthusiastic and gung-ho personality, Rich leaps into any job and always
comes through. He makes a mean
multi-layered sandwich (Subway would want to steal him from us) and is a
self-proclaimed candy bar aficionado. There
are no ill effects from this, however: He’s an avid racquet ball player
and rumor has it, he’s not easy to beat on the court!
3. Now Available from Flow Research!
Two Studies on Worldwide Flowmeter Calibration Facilities and
Flow Research has received multiple requests for this research
from flowmeter manufacturers, calibration facilities, and end-users.
It all began with three visits to the Middle East to do in-person
interviews of oil and gas producers. Countries
visited include Saudi Arabia , the United Arab Emirates (UAE),
Qatar , and Oman
. There end-users asked
for help in determining when their ultrasonic and turbine flowmeters
should be recalibrated.
saga continued earlier this year with visits to NMi Euroloop and VSL in
This was followed in June 2015 with a tour of the CEESI flow
calibration labs in Colorado
Discussions with these companies and others helped us formulate our
questionnaires. We also
visited the flowlabs of flowmeter suppliers on these trips.
studies should be very helpful to end-users who are trying to determine
where to have their flowmeters calibrated.
They will contain important details about the capabilities of
different flowlabs, turnaround time, and what kinds of flowmeters are
calibrated at what facilities. In
addition to the large, multinational labs, we will identify regional labs
that may provide more local and convenient calibration services, depending
on location. We will also
describe those facilities that do onsite and mobile calibrations.
the calibration capabilities of flowmeter manufacturers is another
important aspect of the study. Many
end-users go back to the company they bought a flowmeter from to have it
companies also have flowmeters calibrated before they are shipped.
This study describes the calibration capabilities of many of the
leading flowmeter manufacturers.
information is available at http://www.flowcalibration.org
(please note dot org) and you are welcome to contact us at 781-245-3200.
4. Schlumberger announces agreement to acquire Cameron
Houston, Texas, August 26, 2015 — Schlumberger Limited and
Cameron jointly announced a definitive merger agreement in which the
companies will combine in a stock and cash transaction. The agreement was
unanimously approved by the boards of directors of both companies.
Under the terms of the agreement, Cameron shareholders will
receive 0.716 shares of Schlumberger common stock and a cash payment of
$14.44 in exchange for each Cameron share.
Based on the closing stock prices of both companies on August 25,
2015, the agreement places a value of $66.36 per Cameron share,
representing a 37.0% premium to Cameron's 20-day volume weighted average
price of $48.45 per share, and a 56.3% premium to Cameron's most recent
closing stock price of $42.47 per share. Upon closing, Cameron
shareholders will own approximately 10% of Schlumberger's outstanding
shares of common stock.
Schlumberger expects to realize pretax synergies of approximately
$300 million and $600 million in the first and second year, respectively.
Initially, the synergies are primarily related to reducing
operating costs, streamlining supply chains, and improving manufacturing
processes, with a growing component of revenue synergies in the second
year and beyond. Schlumberger also expects the combination to be accretive
to earnings per share by the end of the first year after closing.
The transaction combines two complementary technology portfolios
into a "pore-to-pipeline" products and services offering to the
global oil and gas industry. On a pro forma basis, the combined company
had 2014 revenues of $59 billion.
For more information, see the Market Barometer at www.worldflow.com
(available by subscription).
5. ExxonMobil to Produce Flagship Mobil 1 Synthetic Engine Oil in Singapore
September 15, 2015 — ExxonMobil is expanding its operations in Jurong to
produce synthetic lubricants, including Mobil 1TM, the company’s
flagship synthetic engine oil. The expansion will further strengthen the
company’s manufacturing capabilities and ability to meet the growing
demand for ExxonMobil synthetic products in the Asia Pacific region.
completed in the second half of 2017, the facility will be the only plant
in the Asia Pacific producing Mobil 1, the world’s leading synthetic
motor oil. The facility will be one of six locations where Mobil 1 is
1 is ExxonMobil’s most advanced synthetic engine oil,” said Bennett
Hansen, Asia Pacific lubricant sales director at ExxonMobil. “Adding
Singapore to our network of Mobil 1 manufacturing facilities will ensure
customers’ needs are met well into the future. The new Singapore
facility will employ innovative manufacturing technologies, demonstrating
the company’s commitment to bringing premium products and technology to
lubricant plant, strategically located next to ExxonMobil’s
manufacturing site in Jurong, adds to the company’s increasing
lubricants and specialties production capabilities in Singapore. The
company, which has operated in Singapore for more than a century, has
continued to grow its integrated refining and petrochemicals manufacturing
site. The new production facility is in addition to the company’s
recently announced grease manufacturing investment.
more information, see the Energy Monitor at www.worldflow.com
6. Upcoming Studies from Flow Research
The World Market for Flow Calibration Facilities
– Just Released!
Studies in this series:
The World Market for Natural Gas and Gas Flow
Measurement, 3rd Edition
in this series:
The World Market for Multiphase Flowmeters, 2nd
in this series:
The World Market for Liquefied Natural Gas (LNG)
more information on all Flow Research studies, visit http://www.flowstudies.com.
information on all Flow Research studies, visit http://www.flowstudies.com.
It lists our studies by category and provides direct links to pages for
the latest editions, where you will find a synopsis, or you can click a
link for the overview with full details.
is published by Flow Research, Inc.
Executive Editor: Dr. Jesse Yoder
Associate Editor: Vicki Tuck
Assistant Editor: Leslie Buchanan
Production Assistant: Nicole Riordan