Planned Downtime ebook

Safety, Sustainability and Productivity

By John Hague, Executive Vice President, Operations

Optimize for the "Business Trifecta"

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Profitability Loss

Environment

50% of all process safety incidents occur under transient conditions.

That’s in addition to losses in profitability from reduced productivity, higher maintenance costs and the waste of irregular operations

A single unplanned shutdown can result in the release of years’ worth of toxins into the atmosphere.

The Impact of Forced Shutdowns

Beyond reducing productivity, unplanned downtime also has a major impact on plant and personnel safety as well as greenhouse gas emissions and environmental compliance.

50%

Safety

Tame Your Transient Operations, Scott W. Ostrowski and Kelly K. Keim, Chemical Processing, June 23, 2010

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65%

By tapping into the power of machine learning and predictive analytics, companies can begin to reduce unplanned upsets and capture all the benefits that come with that. With a greater window of predictability over the planning horizon, a wider range of business options becomes available. This moves the conversation from “what's feasible” to “what's going to give us the best results.”

Putting it Into Practice

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By eliminating the unexpected, plants become safer. In fact, statistics show that safety can be improved by about 90% when most maintenance activities are planned.

Safety

Unplanned shutdowns and transient conditions lead to flaring and the release of greenhouse gases. With technology that alerts to pending problems before failure, unplanned downtime can be turned into planned downtime.

Sustainability

Unexpected shutdowns cost oil and gas companies an average of $38 million a year. Just eliminating a portion of the abnormal events that hurt productivity can add millions of dollars to the bottom line.

Productivity

Let’s look at how technology can simultaneously drive positive results in each area.

The Results: Delivering the"Business Trifecta"

The Impact of Digital on Unplanned Downtime, Baker Hughes, Oct. 2016

go to Safety

go to Productivity

back to Sustainability

back to Safety

The companies that implement this technology first can put themselves at a distinct competitive advantage, reaching new levels of profitability while also maintaining their “social license to operate.” See some of the real-world results, and discover how companies are achieving them, in our executive brief:

The Opportunity Is Available Now

Download Executive Brief

Maximize Safety, Sustainability and Productivity by Turning Unplanned Downtime Into Planned Downtime.