The presentation will provide an insight into the main aspects of well completion equipment reliability; collecting the required equipment, experience and failure data, how to organize and manage the data in a systematic manner, how failures are categorized and analyzed with defined failure modes and the failure causes. Further,  examples of equipment reliability data and how data may typically be applied for various purposes will be shown. Presentation outline:

• Defining the concept of reliability
• Well risk and completion reliability, and the link to well integrity management
• Well completion equipment and defining well system boundaries
• Main reliability parameters
• What does fail and why – some examples
• Failure data; Defining failures, failure modes, failure causes
• Database tool model and systematics in required data management
• Minimum required well installation, well equipment and failure data
• The work processes of data management (collecting, storing, QA/QC, access)
• Benchmarking; equipment, assets/fields, wells
• A program and a database
• Concluding remarks, Q&A