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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.

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Webinar: How OCP Ecuador Reduces Maintenance Costs 20% with Prescriptive Maintenance
How OCP Ecuador Reduces Maintenance Costs 25% with Prescriptive Maintenance

For pipeline operators, unexpected outages can add a significant financial impact to an already strained supply chain along with environmental, health and safety risks. It’s more crucial than ever to ensure high asset reliability to help meet market demands and sustainability goals. AI-powered predictive maintenance solutions provide early and accurate warnings of potential failures to address this critical challenge.

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Blog:

OCP Ecuador’s Journey to Reduce Maintenance Costs with Aspen Mtell Delivering on the Promise of Prescriptive Maintenance

White Paper:

Delivering on the Promise of Prescriptive Maintenance Video: OCP Ecuador implements prescriptive maintenance solution to increase equipment uptime by 20%

Video:

OCP Ecuador Implements Prescriptive Maintenance Solution to Increase Equipment Uptime by 20%

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

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OCP Ecuador Uses Prescriptive Maintenance to Accurately Identify Asset Failure

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