Underground Storage Study

The Underground Storage Performance Analysis (Underground Storage Study) studies give you a foundation for performance tracking and improvement by helping providing answers to the critical questions that will keep you at the top of your game like “How does our cost performance compare to other diverse storage systems in our region?” and “How can we truly determine best performance for both cost and reliability?”. With this study, you will be able to accurately measure current asset performance as well as provide a sound and consistent basis for managing continuous process improvements.

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The Underground Storage Study reviews the following:

  • Both operating expenditures—operations and maintenance (O&M) and general and administrative (G&A)
  • Performance comparisons at business unit level
  • Common nomenclature and rigorous data validation
  • Comparisons by geographic regions
  • Complexity divisors for reliable comparison of diverse facilities
  • Cost and work hour gap analysis based on real data and identification with performance averages
  • Detailed analysis of Total Cash Expenditures, work hours and reliability
  • Absolute client confidentiality

Since 1980, Solomon has provided benchmarking and performance improvement consulting services to the energy industry to help clients identify and close their performance gaps to realize the full margin potential of their assets. To do this, we rely on experienced and innovative industry-specific teams to apply their knowledge to evaluate and improve upon each operation we analyze.
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Two Galleria Tower
13455 Noel Road,
Suite 1500
Dallas, TX 75240
Phone: +1 972-739-1700
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