sbalaut,
If you don't supply more information, there's not much more anyone can do.
We need some data such as:
Size of separator, liquid (H/C and water) and gas flows, operating pressure, residence time, liquid levels in the separator, measurement / control over water / HC level, how much carryover are you getting?, and the other data requested baove.
What is the difference between design flow rates and actual flow rates?
If the water cut has increased a lot, then you could just be vortexing the H/C flow into the water outlet which is flowing at a much higher flow than the design or simply not have enough residence time or margin between water/ H/C level and the wate routlet nozzle.
Who knows - we can't see your vessel.
Remember - More details = better answers
Also: If you get a response it's polite to respond to it.