Kimberlite Study on Offshore Oil & Gas Reliability

Offshore oil and gas organizations experience on average $49 million annually in financial impacts due to unplanned downtime. Operators using a predictive, data-based approach experience 36% less unplanned downtime than those with a reactive approach. This can result in, on average, $17 million dropping to the bottom line annually. A Kimberlite study interviewed 50 operators globally between June and August 2016 to learn how their maintenance approaches impact unplanned downtime. The study suggests that adopting a more digital, predictive approach to maintenance will reduce unplanned downtime and offer organizations greater operational efficiency.

 

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