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Equipment identification, tracking and failure analysis process

  • US 7,236,910 B1
  • Filed: 02/01/2005
  • Issued: 06/26/2007
  • Est. Priority Date: 08/09/2004
  • Status: Expired due to Fees
First Claim
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1. A process for calculating a mean-time-to-failure (“

  • MTTF”

    ) metric for a given type of equipment placed into service, the process comprising;

    maintaining a central database;

    accessing the central database from a remote terminal through an interface;

    entering performance information about the given type of equipment into the central database through the interface, wherein the interface restricts the entered performance information into the central database to a controlled group of responses to a series of scripted prompts;

    validating the entered performance information against a set of rules; and

    analyzing the validated performance information to calculate a mean-time-to-failure (“

    MTTF”

    ) metric according to the formula;


    MTTF=(

    T
    )/F, where,N is a selected number of wells in which the given type of equipment is placed into service;

    T is a selected time period; and

    F is a number of failures; and

    displaying the MTTF through the interface for use in improving performance of the given type of equipment.

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