The overall increase in operational costs associated with replacement puts a dent in the shrinking profit margins precipitated by rising fuel prices and supply chain disruptions, forcing organizations to look for alternative methods of maintaining machinery. While enterprises in the fracking industry look to streamline their service operations, Salt and Light Energy Equipment (SNLEE) leverages data gathered from frac pumps to design efficient maintenance strategies, saving its clients millions in service costs.
SNLEE harnesses the power of data to provide clients with a sophisticated platform to identify, measure, and analyze critical metrics gathered during daily maintenance checks. The data is reported through the intuitive platform with a customizable dashboard that allows clients to make quick decisions regarding the fracking system inventory, failures and needed repairs.
For every dollar that our clients spend on our company for data and service, they probably save around five or six dollars themselves. So that’s a savings of almost 600 percent
The effectiveness of SNLEE’s data tracking system in improving service operations is demonstrated through a partnership with a fracking enterprise. Using data collected from the analysis of machinery and fluid end equipment SNLEE created the dashboards providing a comprehensive visualization of the performance metrics of the systems. SNLEE’s fracking customer, which spent $4 million in overhaul costs each month, saved more than 50 percent by conducting operations adhering to the information provided by SNLEE and the dashboard. The regular maintenance schedules and the data-centric approach employed by SNLEE helped the client save $2 million each month throughout its partnership which was crucial when oil prices were falling during the pandemic.
The patent-pending data tracking system, along with the intuitive dashboard, is the first of its kind in the fracking industry. In addition, SNLEE has developed a track route that opens and closes in under a couple of seconds. With a mission to think outside the box, it assists clients in achieving environmental, social and governance (ESG) goals by incorporating environmental metrics into the dashboard. Tracking and mitigating the environmental impact of fracking operations, Salt and Light Energy Equipment is striving to save the environment while saving money for its clients.
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