Sitecore Version 10.4 - Refreshed

OCP Ecuador Uses Prescriptive Maintenance to Accurately Identify Asset Failure and Reduce Maintenance Costs


OCP Ecuador is a midstream oil and gas company that transports, stores and ships crude oil. With assets installed in remote locations along its 485-kilometer pipeline, the company needed a maintenance solution that would enable them to predict and prevent equipment failures before they occurred. With Aspen Mtell® prescriptive maintenance, the company can now continuously monitor its critical assets for impending failure, using both process and mechanical data.

Learn how prescriptive maintenance enabled OCP Ecuador to:

  • Increase engine overhaul from 16000 to 19200 hours, a 20% improvement in uptime
  • Reduce maintenance costs by 25% per year
  • Lower spare parts and inventory requirements, extending camshaft life from 20,000 to 50,000 hours

Discover how OCP Ecuador generated a 3x return on initial investment in less than five months and its plans to scale to 13 more assets in the near future and across the enterprise in the coming years.

 

By submitting this form, I agree to AspenTech's Privacy and Security Policy

Are you a current user of AspenTech solutions?

Please complete the captcha.

Thank you for downloading this resource

If your download did not begin