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Maximo data standardization for the Oil & Gas Industry

Learn about the challenges faced by Oil & Gas companies in maintaining and managing their assets, and how standardizing Maximo Maintenance Master Data can help improve safety, reliability, and reduce maintenance costs. Presented by Hans Franck, VP Americas at MaxGrip.

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Maximo data standardization for the Oil & Gas Industry

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  1. Maximo data standardization for the Oil & Gas Industry Presented by: Hans Franck – VP Americas

  2. Introduction Mr. Hans Franck, BSc CMRP +10 cross industry reliability & maintenance VP MaxGrip Americas experience hans.franck@maxgrip.com Amateur Basketball

  3. Listening to end users – Business Challenge O&G • What we have we learned from O&G end users: • O&G customers typically have production sites widely varying in maturity, culture, organization, size, asset age, etc. • ISO14224 is a good start but not an all encompassing solution • Effect on maintenance management: • Standardizing Maximo Maintenance Master Data across a large asset base is a challenge • Effect on the company: • Bad data leads to HSE risk, reduced output and increasing maintenance costs

  4. Typical wins for large O&G companies • Over the past 20 years we have found many benefits for improving and standardizing Maximo Maintenance Master Data in O&G: • Eliminate over-maintenance: • 15-30% preventive maintenance spend reduction • Preventing under-maintenance • 25-50% unscheduled downtime reduction • Additional benefits: HSE compliance, spare parts optimization, Work Order back log reduction, maintenance capex/opex control • Return on Investment confirmed by O&G end users: • $1 invested leads to $10 to $15 in recurring performance improvement • Investment typically earned back within first 12 months Data standardizationexamples:

  5. Data quality enables safety and reliability Root Cause Analysis KPIs Reliability into Daily Practice Work Processes BOM & Critical Spares RBI RCM Risk Based Maintenance Asset and PM Library Hazop Performance Standards Safety and Integrity Safety Critical Equipment Asset Register Checks Master Data Management Asset Register Build EAM & APM Blueprinting

  6. Solution Step 1 – Develop Data Standard Should you simply apply the standard?

  7. Solution Step 2 - Prioritize Visualize which critical assets have low performance Effect on Availability when asset fails Performance drill down report for critical assets Probability of Asset Failure Focus on high critical assets Drill down indicates performance loss because of insufficient preventive maintenance

  8. Solution Step 3 - Standardize Use Library with data templates to standardize and improve Maximo data quality and asset performance for critical Equipment Types • Template content for O&G equipment (ISO14224): • AssetComponents • Failure Modes • Preventive Maintenance Schedules • Maintenance TaskDescriptions Optimized PM data templates foreachAsset Type

  9. Solution Step 4 - Deploy Copy templates to Assets or Locations manually and/or by using automated business rules Match asset groupto template Automated business rules (WhereClauses) Localize template Manual selection of AssetsandLocations Apply data template Operationalize data (grouping, peak shavingetc)

  10. Solution Step 5 – Monitor andoptimize After standardizing and improving the Maximo Master Data, use BIRT, Start Center and Cognos for monitoring and optimization. Use data quality and performance reporting to monitor and optimize

  11. Case study: Oil and Gas Major implementation of PML • Goal of Preventative Maintenance Library: • Good quality localized PM strategies based on global library • Sufficient coverage of equipment types • PM compliance • LNG plant, 2 trains. ~100,000 tags, 7000 PM • $1.3M recurring annual costs savings

  12. Wrap up Good data is the basis for good asset performance management. Agree upon a standard; ISO14224 good start but needs details to apply. Consistent and rigorous application of the standard Prioritize efforts to ensure quick wins and fast value Develop a library andApply templates of standardized maintenance data. It is a proven way to establish baseline to improve on. Standardization is most effective as a living program approach If you would like more information, visit at booth 110

  13. Thankyou! • Demonstrate risks and value • Connect the dots • Simplicity • Get it done • Contact us: • www.maxgrip.com • info@maxgrip.com

  14. Client portfolio - Oil & Gas

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