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IADC Advanced Rig Technology Conference & Exhibition
Patterson-UTI’s Strategic Asset Management Plan Improving Rig Performance through Standard Work
IADC Advanced Rig Technology Conference & Exhibition
Overview
1) How the strategic asset management plan and policy
were developed.
2) The approach taken to create a business case to
implement this plan
3) The strategy used to develop standard work in terms
of both enterprise and rig level maintenance.
IADC Advanced Rig Technology Conference & Exhibition
Common Themes of ISO 55000
Value recognition
Risk-based
Optimization of cost, risk & performance
Aligned objectives
Transparent decision making
Recognize impact of
long life cycle issues
IADC Advanced Rig Technology Conference & Exhibition
Corporate/ Organization Management
Asset Management System
Management Asset Portfolio
Management Asset Systems
Manage Individual Assets
Organizational Strategic Goals
Capital investment value, Performance and sustainability
Systems performance, cost & risk optimization
Asset life cycle costs, risks & performance
.Adapted from Figure 1 – Asset Management – an anatomy Ver .1.1 - TheIAM
Create/ Acquire Utilize Maintain
Renew/ Dispose
The Asset Management System
IADC Advanced Rig Technology Conference & Exhibition
Continuous Improvement
•Learning to See
Process Flow Diagram Value Stream Mapping Relationship Models
Equipment Criticality
Failure Analysis Risk Analysis Risk Ranking
OPERATIONAL STABILITY
Plan Do Check Act
Measure Control Analyze Classify
Standard Work Operating
Procedures Preventive Predictive
Condition Monitoring Remote Monitoring
Operator Care Critical Spares
OEE TCO
Asset Utilization MTBF MTTR
LCE RBAM Model
Risk-based Asset Management
IADC Advanced Rig Technology Conference & Exhibition
Patterson-UTI : Asset Management Policy
Procurement
Construction
Commissioning Manage
Decommission
Plan
ASSET INTEGRITY
control
audit
reconcile
IADC Advanced Rig Technology Conference & Exhibition
Patterson-UTI : Rig and Enterprise Level Standard Work
RIG FOCUSED
STRONG VISUAL AIDS
TRAINING AIDS
IADC Advanced Rig Technology Conference & Exhibition
Patterson-UTI : Oracle eAM Optimization
• Inventory Management
• Preventive Work Orders
• Corrective Work Orders
• Cost Analysis
IADC Advanced Rig Technology Conference & Exhibition
Patterson-UTI Culture: “The Right People, Our Greatest Assets”
SUCCESS
CHARACTER
PROCESSES
BEHAVIORS
TRAINING
ACCOUNTABILITY
RESULTS
IMPACT ZONE:
New To Industry
Advanced Rig Fundamentals
Introduction To Successful Drilling
Principled Leadership
Introduction to Successful Rig Management
IADC Advanced Rig Technology Conference & Exhibition
Questions?
Wayne Workman Senior Manager, Technical Services Patterson-UTI [email protected] Mike Poland Vice President Life Cycle Engineering [email protected]
