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.