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Asset Performance Management Systems Boost Reliability and Profitability
Figure 2: Sample Emissions Optimisation Report
monitored via APM tools and solutions. These components utilise
data from electrical equipment to help reach rotating assets where
Economic cost profile – US$/ton traditional condition-based monitoring systems would be cost-
Top five assets
Plant steam demand
prohibitive or impractical, in the case of many rotating machines for
Recommended source
One-hour prediction
1
80
Asset 2 subsea applications. By gathering critical motor data such as current,
60
AB-G225
27.24 US$/ton
5
40
2 thermal efficiency and phase-balance information, combined with
20
0
Supplier
automated analytics, operators can anticipate problems before they
24.59
price
36.78 US$/ton
arise, resulting in more proactive maintenance activities.
4 3
Current to potential capacity top five assets
Although collecting information from main rotating equipment,
CO
2
CO
2
Asset 1 – turbine TL-105 Asset 2 – boiler AB-G225
pressure, flow and temperature values is important, making
0 100% 0 100%
CO
actionable decisions based on those data is at the heart of a
2
CO
2
Asset 3 – turbine TL-107
Asset 4 – boiler AB-G555
successful APM strategy. When there is not a specialist available to
0 100% 0 100%
CO
analyse the data, site-wide information-gathering software can help
2
Asset 5 – turbine TL-109
operators and decision-makers get the essential information they
0 100%
need quickly through automated analytics (see Figure 2). In turn, this
One ton = 907kg.
enables these individuals to see the big picture and get a heads up
Figure 3: Asset Performance Management Architects
on any potential factors within a network.
Return Value Faster
Tracking and trending software also plays a critical role in a well-
Faster time Greater Longer
to value installed value sustained value
designed APM programme by providing operators with access to
historical information at any time across the production process.
By tracking process, electrical and condition-based variables and
levels over days, weeks and even months, operators and engineers
can identify anomalies and quickly correct problems. In mobile
devices such as drill rigs, which spend long periods of time in
Alternative investments
storage or out in the field, software also can be used to evaluate
controls and drives to make sure that all assets have the latest code
and updates.
tools to access comprehensive business information from portals
via browsers. Conclusion
According to the Aberdeen Group survey,
1
companies are
Implementing an Asset Performance Management successfully utilising APM to obtain maximum output from
Solution with Actionable Data equipment while significantly controlling maintenance expenditures
The next step in building a comprehensive APM programme involves (see Figure 3).
documenting the most valuable assets within the network. Compressors
and pumps are critical elements in every oil and gas process, allowing The project leader on this initiative noted: “We developed several
the movement of fluids from the wellheads to processing facilities, performance metrics that were deployed across the enterprise. The
pipelines and terminals. They are also important to production assets in results have been great as some of the production facilities that were
refineries, petrochemical and chemical plants moving crude, gas and running at partial capacity we were able to bump them to full
other products between process units. As each asset is linked to the capacity. Others were expanded, consolidated and/or rationalised in
next, even the smallest outage on the tiniest motor can be costly, the bigger scheme of things.”
causing major loss of production and high, unexpected repair costs.
Regarding the economic value of APM, the Aberdeen Group study
Condition-monitoring tools protect machinery by processing critical concluded: “Optimising asset performance to maximise the economic
rotating equipment parameters in realtime to assess current health value from your asset base offers the best path to increasing
and predict future health. When a company creates a maintenance shareholder value. Basic operational capabilities to monitor, manage
programme using a condition-monitoring system, it can plan ahead and optimise asset performance are necessary before companies can
of time to bring a back-up compressor online or schedule downtime embark on the next leg of their journey to maximise asset
to help minimise loss of production. APM links condition-based performance. Best-in-class companies are approaching APM initiatives
management with corporate operating and maintenance strategies with a strategic focus that incorporates process, organisational and
to drive the most effective operations. knowledge management capabilities in addition to their investment in
advanced operational capabilities and technologies. Key in this
Motor control devices, including networked drives, overload relays technology mix is the investment in integration of core technologies to
and MCCs networked to data collection devices, should also be enable realtime, closed-loop decision processes.” ■
1. Nair B, Ground Up Strategies for Asset Management September 2007. Driving Excellence Through a Reliability Strategy,
Performance, Aberdeen Group, Boston, Massachusetts, 2. Shah M, Littlefield M, Asset Performance Management, November 2008.
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EXPLORATION & PRODUCTION – VOLUME 7 ISSUE 1
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