Asset management is a key component of limiting risk and liabilities in any organization, but none more so than in oil & gas service providers. As this article in the Oil & Gas Journal makes clear, a consistent and thorough plan of preventive maintenance can not only steer your organization clear of costly fines and insurance premiums, but can also save you millions in reduced downtime and damage and, indeed, save lives.
Most often, catastrophic equipment failures are not the result of a single individual or factor. Rather, it is the result of a systemic failure to implement proper procedures, to ensure appropriate training is conducted, and to maintain equipment consistently and effectively.
Created as a result of the Deepwater Horizon incident, this is precisely what the API Spec Q2 standards aim to remedy.
According to the API Spec Q2 guidelines, “the organization shall maintain a documented procedure for the establishment of a PMITP [Preventive Maintenance, Inspection, and Test Program]. The procedure shall address record keeping requirements, inspection, maintenance, redress, repair, make-up, testing, and acceptance criteria for service-related product.”
Specifically, this PMITP must include, at a minimum:
However, imagine integrating all of these components, including preventive maintenance planning, into one, seamless application. Moreover, imagine an application that can put all this information in your hands at the touch of a button, whenever you need, wherever you need it.
Contact us at Accupoint to see how we can help streamline your asset management and make your preventive maintenance planning as simple as possible.