Predicting Oil Well Failures without the Hazardous Area Restrictions of the Past SIMULARITY & AEGEX CASE STUDYPredicting Oil Well Failures without the Hazardous Area Restrictions of the Past Background Current market conditions in the Oil & Gas industry require greater efficiencies to remain competitive, and uptime is one of the most important KPIs for an organization’s sustained viability. When unplanned repairs or equipment replacement occurs, costing the organization two to three times more than planned maintenance and causing unexpected downtime, the inevitable question is, “what can we learn from this so that we can better anticipate in the future?” In the last decade, due to the hazardous (potentially combustible) nature of Oil & Gas environments that restrict the use of most co

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