Their fixed offshore structures can be extended over the course of their life. But sometimes, reliability is an important factor to consider.
The goal of reliability-focused maintenance is to increase the productivity of equipment and not necessarily its asset life. Technicians make use of analytics to evaluate the state of the asset’s functionality.
4. Predictive maintenance
Predictive maintenance is designed to maintain the assets in top condition, prolong the lifespan of their work as well as avoid expensive repairs compared to the preventive maintenance that is scheduled on a regular basis. Based on the current status, predictive maintenance can be planned.
Predictive Maintenance uses condition-based and preventive maintenance in order to evaluate asset performance. Predictive maintenance aims to detect problems early on and prevent expensive maintenance tasks. With modern technologies such as IoT that companies are able to use machines learning-based software to recognize signals that indicate equipment’s health.
Predictive maintenance can cut down on maintenance costs as well as ensuring that the process is running to its maximum capacity. Data access is essential in predictive maintenance , as it relies upon machines that utilize historic information to create predictions. The software is used by engineers in order to study massive amounts of data to guide maintenance decisions.
5. Dynamic Maintenance
A dynamic approach to maintenance should become the ultimate goal for maintaining oil rigs. It is an approach that takes all of the above-mentioned approaches which are both reactive and proactive. With incremental improvements in the maintenance plan and dynamic maintenance, it maximizes asset management and operational maintenance expenses. It’s not an widespread strategy, but it is it’s the direction in which oil companies are headed.
Last Thoughts
There have been some untoward incidents concerning the oil and gas industry. Recent events caused oil prices to rise, promising profit recovery.
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