Statistical method for analyzing the performance of oilfield equipment

摘要: A statistical methodology is disclosed to provide time-to-event estimates for oilfield equipment. method according the present invention extracts unbiased information from equipment performance data and considers parameters interactions without recourse thinning. The analysis explicitly accounts items of that are still operational at time analysis. may also be utilized apply survival any components where has been recorded. allows comparative reckoning between different in system comprising several or many individual these either individually simultaneously, i.e., presence other components.