Have you ever asked yourself one of the following questions?
How can I avoid costly downtime?
Knowing how equipment fails allows you to make the appropriate maintenance decisions at the right time.
Proactively avoiding equipment failure is what separates a profitable O&G business apart from the rest.
How can I get the best performance out of my assets?
Truly understand how your assets function and come to fail.
Only then, you can push your assets to their limits while keeping asset health in check.
How can I eliminate unnecessary operations & maintenance work?
Firefighting can only get you through the day while more important problems are waiting to be solved.
Take a step back and with expert help take back control of your maintenance priorities to meet difficult production targets.
Meet the experts!Did you miss our virtual live event for Asset Performance Management program for Oil & Gas (APM4O&G) on September 17, 2020? Here you have the chance to listen to presentations on the benefits of this program for your daily business, experience use cases and be part of a panel discussion with our reliability experts. Watch the recording and learn about Reliability Made Simple!
It is not an if, but when - every piece of equipment is finally going to fail. The key is to get ahead of it.Pavan Prakash, Oil & Gas Portfolio Manager
Watch the video and find out more details about APM4O&G
APM Model Library in a nutshellAPM is a tool-enabled transition to reliability-centered maintenance and risk-based inspections. Core of the system is the model library consisting of these elements:
Assets to be prioritized and selected based on criticality
Assets classified by criticality, considering aspects on
- Health & safety
- Economic impact
Failure Mode Effect Analysis (FMEA)
In the Failure Mode Effect Analysis (FMEA), potential failures of the assets and associated effects as well as required (corrective) tasks will be described.
Defines the event that causes an asset to fail to perform its function. For example, if a pump’s impeller becomes worn, the pump cannot convey liquid at the required rate.
Defines the consequence of a failure mode. For example, when a pump’s impeller becomes worn (failure mode), the flow through the pump declines until it no longer delivers liquid at the required rate.
The Siemens Energy APM model library can help to effectively manage a variety of indicators that can be implemented tailored to your needs:
- Online indicators: data taken from the DCS or other integrated data sources
- Manual indicators: data taken e.g. from manual inspection rounds
- Rule-based and/or calculated indicators: All rules can be combined with and/or for the rule-based indicators
The health Index aims at giving an indication on the overall condition of the assets.
Health Index (HI) overview:
- The HI is determined by evaluating several factors that are critical to the operational health of the asset
- Each critical factor is weighted during the HI calculation so that the relative value of each factor can be adjusted
- Available information could be used as possible influence factors, e.g., filtered data, indicator readings or calculations, amount of alarms
Remaining Useful Life
The remaining Useful Life can indicate the remaining time that an asset may be able to function before required replacement.
- The remaining useful life is an estimate of the amount of remaining time that an item, component, or system is estimated to be able to function in accordance with its intended purpose before economically required replacement
- The remaining useful life is estimated based upon filtered data, indicator readings or calculations, amount of alarms, cost information, etc.