PASADENA, TEXAS (August 30, 2023) – This past week, Jeff Krimmel, PhD., Chief Strategy Officer, and Nathanael Ince, Vice President of Business Development, joined the Oil and Gas PITCH Podcast, an Oil and Gas Global Network program. In this episode, Krimmel and Ince dive into the value and impact a data-driven approach to reliability has on industrial facilities in overcoming technical challenges and improving production.
Krimmel and Ince also discuss how industrial facilities can improve production by 5% – 15% with better reliability. A data-driven approach to reliability helps facilities develop a single source of truth by helping facilities properly collect, organize, and analyze data to drive more strategic decisions. By having a single source of truth, facilities can better justify if they are investing in the right places to maximize production and quantify the uncertainty of when assets are expected to fail.
The Oil and Gas Global Network™ (OGGN™) is the world’s largest network of oil and gas podcasts. The OGGN’s mission is to use podcasting to tell the positive stories of the oil and energy industry educationally.
Listen to the full discussion below.