As the demand for oil and gas increases, reduction in operating and maintenance costs and an increase in reliability are top priorities for the industry. However, that is easier said than done when you’re talking about assets deployed in harsh environmental conditions and widespread, remote locations. Even minutes of production downtime can result in hundreds of thousands of dollars lost. Ensuring that production machinery and other critical equipment downtime is minimized not only reduces operating and maintenance costs, but also increases production revenue and improves worker safety.
Oil and gas companies will benefit by moving away from a reactive analog maintenance model where action isn’t taken until a field operations team arrives at the location and identifies the asset is no longer functioning, resulting in unplanned downtime and lost revenue. Many companies have migrated to a proactive (scheduled) maintenance model, which is characterized by maintenance being performed at manufacturer-recommended intervals. This philosophy is actually the most expensive to follow because components could be unnecessarily overhauled or replaced. In addition, assets can and will still fail between maintenance cycles.
A preventative maintenance model on the other hand, brings assets and data into business operations to enable companies to remotely monitor, control and identify problems. Being able to predict failures and maintenance requirements, you can better forecast and schedule maintenance activities, which reduces operational and maintenance costs.
With our XLR Pro long-range wireless radios, industrial grade Transport WR21 cellular routers and Digi Remote Manger, companies can quickly deploy a comprehensive global connectivity model today. You can seamlessly connect your assets, gather and integrate data to better control those assets, and remotely manage the network devices for security compliance and system updating. This kind of solution results in:
- Connected assets and their data have increased visibility across an entire organization.
- A proactive approach to maintenance whereby issues are resolved before they even occur
- Field service operations teams are empowered by a rich set of device data and information to begin troubleshooting issues. This includes not only the real-time status of mission critical equipment, but also historical data points for trending and long term analysis
- Deployments and truck rolls are made on a needs-based approach, which manages costs more effectively and positively impacts the bottom-line.
Come see Digi at the spring Entelec Communication Show in Houston April 7th through the 9th at booth #228
These are just some of the ways a preventative maintenance model built on Digi’s award winning wireless devices and cloud solutions can benefit the Oil & Gas industry. If you would like to learn more about how connected assets are driving business transformation in the Oil & Gas industry, join us at the Entelec Trade Show at booth #228 Tuesday, April 7 through Thursday, April 11 at the George R. Brown Convention center in Houston, TX.