A Conceptual Model for Predictive Asset Integrity Management Using Data Analytics to Enhance Maintenance and Reliability in Oil & Gas Operations
Abstract
This study explores the integration of predictive analytics into Asset Integrity Management (AIM) systems, focusing on its transformative potential for enhancing reliability, safety, and cost efficiency in industries such as oil and gas. By leveraging real-time data, advanced machine learning algorithms, and IoT-enabled monitoring, predictive AIM offers significant advantages over traditional approaches, including reduced downtime, optimized maintenance schedules, and improved regulatory compliance. A conceptual model is proposed to bridge existing gaps in maintenance and reliability, providing a framework for proactive decision-making and sustainable asset management. Practical implications of implementing predictive AIM are discussed, emphasizing infrastructure upgrades, workforce training, stakeholder collaboration, and data-sharing practices. The study also addresses challenges such as data quality, system integration, and organizational resistance, alongside highlighting the limitations posed by restricted access to industry-wide data for validation and the need for empirical testing. Future research directions include exploring advanced AI techniques and blockchain integration to further enhance predictive AIM systems. This research contributes to the field by offering a comprehensive analysis of the benefits, challenges, and future potential of predictive AIM, paving the way for more efficient and resilient asset management practices.
How to Cite This Article
Babatunde Adebisi, Edward Aigbedion, Olushola Babatunde Ayorinde, Ekene Cynthia Onukwulu (2021). A Conceptual Model for Predictive Asset Integrity Management Using Data Analytics to Enhance Maintenance and Reliability in Oil & Gas Operations . International Journal of Multidisciplinary Research and Growth Evaluation (IJMRGE), 2(1), 534-541. DOI: https://doi.org/10.54660/.IJMRGE.2021.2.1.534-541