Despite ample telemetry and robust alarm management in place, energy producers continue to experience unplanned trips, flaring, and other surprises that result in significant downtime, emissions, and costs. While undoubtedly, many interruptions are unavoidable in the moment — a surprisingly large percentage of interruptions could have been avoided if operators were given a heads-up. What percentage is avoidable? Actual numbers will vary from case to case, but an LNG operations executive put it this way, “Last year we lost $100M due to trips, and 80% of those trips were avoidable.” That’s a lot of avoidable loss. Learn more
