IDEX Corporation to Acquire Flow Management Devices LLC
Lake Forest, Illinois, (January 29, 2020) – IDEX Corporation (NYSE:IEX) today announced that it has entered into a definitive agreement to acquire Flow Management Devices, LLC (Flow MD), a privately-held provider of flow measurement systems that ensure custody transfer accuracy in the oil and gas industry, for cash consideration of $125 million, before closing adjustments.
Flow Management Devices shipped its largest Prover to date. The FMD-200 Unidirectional Captive Displacement / Small Volume Prover has 900 lb ANSI flanges and weighs in at almost 50,000 pounds. The end destination for this Prover is Texas, where it will installed in Ethane service for verification of Coriolis flowmeters.
Phoenix, AZ – October 14, 2019
The FMD Group is pleased to welcome James M. (Mike) Waters as President. Mike will be responsible for overseeing all the companies within the FMD Group (Flow Management Devices, Oil and Gas Process Solutions, FMD Fabrication Services, and FMD Distribution and Service). Alex Ignatian will retain his position as Chief Executive Officer.
Phoenix-based manufacturer of Unidirectional Captive Displacement Provers (Small Volume Provers) announces the acquisition of a new building and expanded manufacturing facilities.
Flow Management Devices (FMD) announces the completion of the expansion and update to their manufacturing facilities.
Flow Management Devices, LLC Awarded Provers for MODEC Libra FPSO Project
Flow Management Devices LLC (FMD), a global leader in meter proving technology, is pleased to announce FMD has been awarded the meter proving technology for the recently released Libra Floating Production Storage and Offloading (FPSO) project.
04 - 05 September, 2018 | Marina Bay Sands, Singapore, Singapore
Flow MD attended the 2018 FPSO World Congress in Singapore providing a technical presentation on FMD Provers titled: FPSO & Offshore Measurement Technology Update.
Additionally, FMD participated as a host sponsor for the Congress Round Table Technical Discussion Segment.
FPSO and Offshore Measurement Technology Update
A Downsized Solution for Applications Where Size Matters
A Meter Prover Option to Reduce Weight, Reduce Footprint and Increase Accuracy!
FPSO APPLICATIONS OVERVIEW
While FPSO and offshore measurement systems must maintain the same critical custody transfer measurement standards that apply to land-based facilities, these floating or fixed base marine platforms have additional challenges that do not apply to onshore metering stations.
There are two common types of seal materials that are available when choosing seals for a small volume prover. They are carbon or Ekonol®. Please note that other seal materials are available, for non-standard applications, however, today our discussion will focus on the two standards.
Proving manufactured pulse meters with small volume provers has proven to problematic in the past. FMD’s new 4th Generation family of provers has addressed some of these challenges with the following changes:
Since inception, the API Petroleum Measurement Manuals were written to design and define test solutions to reduce the uncertainty and improve the accuracy of all petroleum measurements. As technologies evolve, so do the written standards.
The continuous growth and use of Unidirectional Captive Displacement Provers has been influential in the adoption of these changes.