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A risk management evaluation for safety-critical equipment (SCE), including use of a risk matrix, is fundamental to controlling operating hazards, but even proven industry hazard determination templates won’t work with outdated data.
Oil production in the Permian Basin has nearly doubled since early 2016 thanks to technology improvements and there are no signs of slowdown in the short- or long-term.
Digitalization and automation allow incremental innovation, but the goal should be prioritized multi-year programs, approved at a high level, that allow steady levels of achievement to enhance and maximize their value.
Adjusting to the new normal in the oil & gas industry means increased innovation alongside operational discipline and re-evaluating medium-voltage switchgear applications.
A single source of truth can improve time-to-revenue.
ITT Goulds Pumps' VICR is a vertical multi-stage low flow, high-head pump is a compact pump for high-head applications with limited space.