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Condition based maintenance – a need to know basis?
We have all heard the phrase, ‘it’s a need-to-know basis’, generally followed by ‘and you don’t need to know’. It’s a phrase that relates to the topic of condition based monitoring (CBM) in the upstream oil & gas industry, specific to drilling rigs. So, what is CBM? And how does it affect the way an operator will intake a drilling rig? What do you need to know?