The negative financial impact of unplanned downtime in the oil and gas industry adds up to tens of millions every year. Even a 1% unplanned downtime adds millions in maintenance costs and lost production. Download our infographic to see the numbers behind unplanned downtime.
Maintenance Approaches Affect Downtime
Despite the large financial impact unplanned downtime can inflict, few oil and gas organizations utilize optimized maintenance strategies. Discover how data is crucial for shortening unplanned downtime and why predictive maintenance can be a useful tool to limit the impact of downtime.
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What it covers
Watch our panel discussion with MaxGrip experts as we cover the challenges maintenance and reliability professionals are facing in times of pandemic crisis.
Learn how Mean Time to Failure (MTTF) is metric that helps organizations optimize their maintenance and reliability strategy.
Though condition-based maintenance and predictive maintenance have some overlap, they are not technically the same.