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Achieving Superior Operation Reliability
 

Achieving Superior Operation Reliability

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The E&P industry faces tough business & operational challenges. Though the organizations have some form of reliability improvement processes, they suffer from issues related to information management, ...

The E&P industry faces tough business & operational challenges. Though the organizations have some form of reliability improvement processes, they suffer from issues related to information management, collaboration & workflow inefficiency.

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    Achieving Superior Operation Reliability Achieving Superior Operation Reliability Presentation Transcript

    • © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL1 Achieving Superior Operation Reliability A case for transformation
    • © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL2 Achieving Superior Operation Reliability The E&P industry faces tough business & operational challenges. Though the organizations have some form of reliability improvement processes, they suffer from issues related to information management, collaboration & workflow inefficiency. The objective of this paper is to present a case to include reliability improvement process in organizations transformation agenda and increase its efficiency and effectiveness.
    • © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL3 Analyze the Information • Maintenance management data • Corrosion data • Engineering drawings • Routine inspection tasks • Sample data Performance Data • Process models • Surface network model Equipment Models • Operation manuals, equipment manuals, maintenance guidelines • Trouble shooting reports • Vendor reports, equipment design limits • Third party audit data • Best practices • Policies, standards and guidelines Documents and Records
    • © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL4 RIP requires a multi-disciplinary team. Typically organizations lack the necessary infrastructure to effectively collaborate with experts • The staff is not able to effectively communicate, freely share critical information with SMEs or external consultants and monitor the execution of recommended action from a central location. • This leads to poor diagnosis and suboptimal resolution of the reliability issue. The information, documents and records created during the lifecycle of equipments are collected, stored, processed and archived in various places and not integrated. • Spend a lot of time in searching for the required information and converting it into an analysis-ready format. • Potential conflicts between the information received from different sources creating doubts about their trustworthiness. • Results in inaccurate or incomplete analysis or delay in completing activities. ISSUES IMPACT Issues with Reliability Improvement Process - 1
    • © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL5 Issues with Reliability Improvement Process - 2 Most of the problem solving related to equipment operations often happen in an unstructured manner. The staff is not able to develop in-depth understanding of equipment history and past issues which undermines quality and depth of their analysis leading to suboptimal resolution. Typically organizations lack a well defined and standardized workflow management mechanism The staff faces hand-over delays, lack of visibility into tasks and silos of information creation. An incomplete view prevents the staff from understanding the equipment history that may potentially undermine their analysis leading to suboptimal resolution. ISSUES IMPACT
    • © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL6 Achieving Successful RIP transformation Adopt a program centric approach to ensure alignment with business goals Formulate an implementation staircase to address program complexity Identify synergies with existing operational improvement programs to optimize program execution Identify quick-win opportunities to accelerate the program timeline Identify key IT enablers and appropriately address them in Enterprise IT Architecture Secure right skill set for program to build credibility
    • © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL7 Benefits Improved reliability of equipment by improving MTBF (mean time between failures) of components Improving the performance of the overall asset by optimizing surrounding equipment that may provide benefits in the form of reduced fuel consumption, waste recycling etc. Reduce cycle time of equipment reliability improvement initiatives Early or accurate identification of opportunities for reliability improvement
    • © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL8 Conclusion  A good starting point for organizations should be to conduct a feasibility study to understand the maturity of their existing RIP and potential gains from achieving target transformed state of RIP  A feasibility study should review previous reliability improvement initiatives and their outcomes  Once a business case is established, the senior leadership should commit necessary organization resources and provide their full support for the transformation program  With that organizations would do well to observe some of the key principles listed by us to avoid pitfalls and maximize value from the transformation program.
    • © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL9 For more details please visit the link below: http://www.wipro.com/insights/industry- research/energy/achieving-superior-operation-reliability
    • © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL10 Wipro set up the Council for Industry Research, comprised of domain and technology experts from the organization, to address the needs of customers. It specifically surveys innovative strategies that will help customers gain competitive advantage in the market. The Council, in collaboration with leading academic institutions and industry bodies, studies market trends to help equip organizations with insights to facilitate their IT and business strategies. For more information on the Research Council visit www.wipro.com/insights or mail wipro.insights@wipro.com About Wipro Council for Industry Research
    • © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL11 About Wipro Technologies Wipro Technologies, the global IT business of Wipro Limited (NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing company, that delivers solutions to enable its clients do business better. Wipro Technologies delivers winning business outcomes through its deep industry experience and a 360 degree view of “Business through Technology” – helping clients create successful and adaptive businesses. A company recognised globally for its comprehensive portfolio of services, a practitioner’s approach to delivering innovation and an organization wide commitment to sustainability, Wipro Technologies has over 140,000 employees and clients across 57 countries. For more information, please visit www.wipro.com
    • © 2013 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL12 Thank You ©Wipro Limited, 2013. All rights reserved. For more information visit www.wipro.com No part of this document may be reproduced in whole or in part without the written permission of the authors. Wipro is not liable for any business outcome based on the views presented in this document. For specific implementation clients should take advise from their client engagement manager.