The cost of unplanned maintenance activities such as replacing or repairing failed equipment is high; lost production, expensive labor (call outs, overtime) and damaged equipment adds up.
Unplanned maintenance will always be a part of your maintenance strategy but to rely on it solely has a number of disadvantages that can greatly impact your oil and gas production, safety and sustainability.
Here are just a few ways our IIoT platform can help energy producers everywhere:
- Budget Control – Failures are expensive. Emergency call outs, travel time, labor, parts and hot-shot deliveries result in a paying a premium to fix the problem.
- Shorter Equipment Life – Running equipment in less than optimal condition or to the point of failure can reduce the life of the asset.
- Bad Actors – Unplanned maintenance will get the equipment up and running but not look at the root cause and will likely result in future failures.
- Safety Issues – Unplanned maintenance is often done under a lot of pressure and in a hurry which can result in unwarranted risks.
There is no way to eliminate unplanned maintenance but it can be reduced by implementing a Preventative Maintenance Program. The goal should be a maintenance plan that is 80% planned 20% reactive. Using a Computerized Maintenance Management System to track and report your maintenance activities will help you reach this goal.
