When it comes to asset management, many organizations continue to be hampered by high costs, a high volume of unplanned failures and, ultimately, an unacceptable level of risk. The reason? There’s a piece missing in their asset management puzzle. That piece is called asset strategy management (ASM). It’s a simple, but vital, component of any asset management or reliability focused organization.
Asset Management / Life Cycle Cost
Using in-service oil analysis to improve machinery reliability has a long history. The first oil analysis was performed over half a century ago on a locomotive engine. Just as a human blood test provides important information about your health, the information provided by in-service oil analysis about machinery health, especially for a piece of complex machinery with many moving parts, such as a diesel engine, is unmatched by any other technologies on the market.
When Benjamin Franklin wrote, “An ounce of prevention is worth a pound of cure,” he was referring to fire safety. But, as you may know from experience, this saying holds true with regard to preventive maintenance (PM). Simply stated, preventive maintenance is an activity performed at a set interval to maintain an asset, regardless of its current condition. It’s a properly planned activity, where materials and parts are on hand and labor is scheduled ahead of time.
How often is the phrase “The ROOT Cause of the problem” used at your plant/mill? This phrase is a bit symptomatic of how Root Cause Analysis is thought of. The phrase implies that there is only one “cause” to the problem. Rarely is there a single root cause to any given problem. Usually, there are several reasons; to be sure there are several “technical causes” that interact to create a breakdown/failure.
The need for health monitoring in industrial machines using vibration analysis for diagnosis is an ever growing requirement in all types of industries and equipment. Vibrations in machinery can take various forms, and most of the time these vibrations are unintended and undesirable. Therefore, monitoring the vibration characteristics of a machine can provide the information of its health condition, and this piece of information can be used to detect problems that might be incipient or developing.
Drone-based nondestructive testing allows easier, faster and inexpensive identification of flaws and defects on materials. Using location and other controls, the drones can take the same tests from the same point and angle repeatedly. Drone-based inspection and maintenance provides a wide range of possibilities that take advantage of the mobility of the drone, as well as the nondestructive nature of the tests. These tests can help oil and gas companies identify defects and reduce the rate of failures and unplanned shutdowns. The delicate nature of the oil and gas industry requires close and careful monitoring of its systems, such as pipelines, refineries and more.