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Intelligent Asset Management

The complex, widespread and asset-intensive nature of oil and gas operations, coupled with endless volumes of data at the subsystem, system, and enterprise levels, often results in redundant and inconsistent data stores—hindering companies from truly optimizing their operations. To drive operational excellence, companies need the ability to make better operational decisions, which requires comprehensive, timely, and reliable asset information.

Optimizing asset utilization with actionable information

Leveraging decades of deep oil and gas industry expertise, GE offers a holistic Intelligent Asset Management solution that enables you to collect, analyze, and transform critical data from all your high-value production assets into actionable intelligence. It provides you with contextualized information for better understanding into the interdependencies among assets, allows for proactive maintenance and decision support, and enables digitized work processes to help drive operational efficiency.

Our integrated solution offers unique capabilities such as predictive diagnostics, which provides early and actionable insight into the health of your equipment by identifying looming problems well before they happen—resulting in increased asset reliability and availability, and lower parts and maintenance costs. Aligning with companies’ focus on increased supply, you can proactively manage critical aspects such as enhanced recovery, asset availability, and optimized asset utilization, ultimately driving uptime with greater efficiency and minimized risk.

Key benefits:

  • Increased insight into critical parameters to reduce downtime and drive asset efficiency at the local, unit, platform, or fleet level
  •  Faster troubleshooting and asset/process optimization by providing insight into data relationships and equipment health, along with diagnostics and prioritizations
  • Improved operational procedures and foresight into multivariable situations for proactive planning around intricate processes and abnormal process situations
  • Improved compliance with comprehensive reporting, archiving, and data management of critical information and workflows
  • Increased operational reliability and efficiency through the propagation of contextualized information

 

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Intelligent Asset Management Process