Abstract: Methods and system for implementing Condition Based Maintenance (CBM) of downhole systems and equipment, including drilling tools, wireline tools and production tools is presented in this disclosure. The presented CBM-based approach combines the use of a tool life distribution with a life-stress acceleration model and a time-varying stress model to model failure times of a tool. One or more failure parameters related to operation of the tool during the operational run can be calculated based on a life measure of the tool determined for each step in the series of steps of the operational run, a time duration of each step, and a life duration of the tool at reference levels of stress variables. Maintenance of the tool can be performed based on the calculated failure parameters.

Abstract: Methods and system for implementing Condition Based Maintenance (CBM) of downhole systems and equipment, including drilling tools, wireline tools and production tools is presented in this disclosure. The presented CBM-based approach combines the use of a tool life distribution with a life-stress acceleration model and a cumulative damage model to account for varying stress levels during a tool operation. The CBM methodology presented herein provide for a more effective maintenance system based on direct utilization of field data so that an appropriate maintenance can be performed at an appropriate time, thereby optimizing a frequency of performing maintenance.

Abstract: Methods and system for implementing Condition Based Maintenance (CBM) of downhole systems and equipment, including drilling tools, wireline tools and production tools is presented in this disclosure. The presented CBM-based approach combines the use of a tool life distribution with a life-stress acceleration model and a cumulative damage model to account for varying stress levels during a tool operation. The CBM methodology presented herein provide for a more effective maintenance system based on direct utilization of field data so that an appropriate maintenance can be performed at an appropriate time, thereby optimizing a frequency of performing maintenance.

Abstract: Methods and system for implementing Condition Based Maintenance (CBM) of downhole systems and equipment, including drilling tools, wireline tools and production tools is presented in this disclosure. The presented CBM-based approach combines the use of a tool life distribution with a life-stress acceleration model and a time-varying stress model to model failure times of a tool. One or more failure parameters related to operation of the tool during the operational run can be calculated based on a life measure of the tool determined for each step in the series of steps of the operational run, a time duration of each step, and a life duration of the tool at reference levels of stress variables. Maintenance of the tool can be performed based on the calculated failure parameters.