Better Maintenance Strategies Are A Must In Oil and Gas

While all sectors of activity is subject to fluctuations occasionally, there is possibly more volatile industries such as oil and gas. As consumers, we see this phenomenon all the time. It seems every time we stop at the gas station to fill our cars, we see that the price of a gallon evolved significantly since last week. Up to 15 cents, compared with 25, 40 backward movement never ends.

For industry experts, these movements are a major cause for concern. When the price of gas changes dramatically, it can have a big impact on the success of the oil companies in the world.

According to Oil Price.com 2015 it was a year full of events in the industry. industry expert Michael McDonald said oil prices were on a downward trend for most of the year, and most investors and business leaders have been nervously watching their income. They had to worry about liquidity crisis and restructuring perhaps even near their business models.

price volatility in the industry is a major problem, not only to the extent that companies can deal with the problem. After all, if the price of gas is reduced to half from one year to another, you can not just lay off half of its workforce, while maintaining operations. Often, industry leaders are looking for more creative ways to cut their budgets and keep in touch forms. Hydracheck

An example brings strategic improvements in maintenance process. Marshall Institute, a consulting and training in asset management based in Raleigh, North Carolina, a comprehensive approach to improve maintenance in the oil industry. Marshall Institute is dedicated to helping companies improve organizational performance, and given the current economic context, there is no better time than now to consider the advice of the Institute.

Evaluating the effectiveness of current methods

The first step is often to assess their current business processes. What are your procedures work planning, preparation and planning? How to save assets and equipment? Is the cleaning data regularly? For example, how accurate and efficient levels spare parts? How they are synchronized with physical counts? Even if your maintenance process appears to be proper operation, there is always room for greater efficiency somewhere.

Improve strategic planning process

senior executives of the oil industry still have an interest in better strategic planning. Working with executive sponsors to identify critical business problems. Then design project plans to ensure that your company focuses on the areas that will accelerate maintenance and increase reliability. Development KPI dashboard, automatic reporting to key personnel, and other features of modern CMMS can help significantly to the success of the project plans.

Employee training to meet the challenges of maintenance

, Well-trained highly qualified employees are an absolute necessity for maintaining effective management. Make sure your workforce is skilled in the use of maintenance solutions that maximize efficiency. You may need to conduct regular audits or operate a monitoring resource education to continue to ensure that all staff members have been with speed and no persistent drain on productivity.

Maintain long-term integrity of assets

To ensure that its business model remains viable in the long term, it is important to monitor and verify the integrity of its assets. All equipment is always in good working order? Are all essential procedures are running smoothly? What efforts are being taken to increase preventive or predictive maintenance?

Questions like those raised above can help you make the necessary adjustments to ensure that maintenance is optimized and oil and gas companies is fully prepared to withstand economic turbulence.