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Problem Identification on Gearboxes more than Pays for Service Contract at Venezuelan Oil Extraction Facilities
Originally published in Third Quarter 2001 ORBIT.

Bently Nevada was contracted to manually collect and analyze machinery data from oil extraction facilities in Venezuela at monthly intervals. Our personnel used this data to identify problems on two gearboxes, which ultimately saved the customer in excess of $150,000 USD. This more than paid for the cost of the Bently Nevada service contract, resulting in a payback time of less than one year. Based on this event, and the increased awareness of the value that machinery data could provide, the customer wisely chose to move to a continuous machinery management system for these machines instead of monthly manual inspections. Bently Nevada installed a Data Manager® 2000 system and rented it to the customer as an interim solution, until they could purchase it from their 2001 budget.

Editor’s Note: Bently Nevada works very flexibly with commercial terms and arrangements for our customers to find innovative solutions to their needs, as illustrated by the above story. We can rent or lease our solutions to customers, in addition to the more traditional outright purchase of our instrumentation. We also provide totally outsourced solutions whereby Bently Nevada retains ownership of all instrumentation and supplies the personnel to operate a machinery management system as a for-fee service.