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Immediately spot which equipment that will cause future well downtime, for both new or mature wells.
Use WellMaster to run Monte Carlo simulations on the full well system, (including completion and X-tree) in just seconds. The well components are defined in a reliability block diagram (as shown here) and the results instantly shows each component’s contribution to well downtime.
This opens up for further analysis with new simulations to see the impact some these will have on the actual well availability by removing them from the next simulation runs. The results are relevant input to where potential improvement efforts should be focused, both on the well design and on the equipment reliability, so that the potential well downtime can be reduced through dedicated efforts.