Asset Reliability and Management Solutions for the Petroleum Industry
The entire North American Petroleum supply chain (exploration, production, transportation, and refining) is asset intensive making reliability a key profitability lever. Companies like Chevron with operations that span the full supply chain recognize this. Chevon’s leadership consistently advocates for and prioritizes the reliability of its assets as a critical component of its overall strategy.
Challenges Faced by the Petroleum Industry
The essential challenge of the Petroleum industry is to find and extract crude oil and then transform it into usable hydrocarbons while moving it from remote locations to population centers where it can be consumed.
Since there’s little differentiation in the final commodities, relative profitability depends on advantages in finding and extracting crude and efficiency in the journey from the well to market.
But efficiency cannot come at the expense of safety or the environment. As Chevron recognizes, the reliable operation of equipment is critical all along the chain, including:
- Motors
- Pumps
- Compressors
- Valves
- Heaters
- Tanks
How PCA Can Help
PCA recognizes the importance of these assets to profitability. We help our oil and gas industry clients with a range of services, including:
- CMMS master data cleansing
- Spare parts optimization
- Bills-of-materials development
- Planning and scheduling optimization
From improving plant turnaround times in refineries to introducing best-practices asset management in the oilfields, PCA’s programs add value to your bottom line.
