Reducing Downtime with Advanced Analytics:

Predicting the event, understanding the cause, eliminating the failure

APO Offshore is a leading provider of Asset Performance Optimization (APO) for the Oil and Gas Industry. Based in Houston, Texas, APO Offshore develops, markets, and supports the I-Platform™ solution. The I-Platform™ solution provides new and innovative advances in remote monitoring and predictive analysis for surface equipment on offshore platforms.

• Downtime on offshore production platforms cost the industry billions every year. Until recently, there have not been common integrated architectures to collect information from multiple systems, or present them in a global common interface to prevent costly and unwarranted downtime.
   
• With today’s nonproductive downtime estimated at 20%, APO’s software solution will reduce facility downtime 20% and increase production. Delivering predictive actionable information of systems capabilities, APO Offshore provides a unique offering that will reduce downtime and save the oil & gas industry billions in lost production time.
   
• By 2010, many new oil and gas facilities/assets will be located in more challenging geographical and geopolitical environments. These facilities/assets are likely to account for about 40% of production volumes worldwide, increasing from approximately 25% in 2005.

The I-Platform™ solution correlates and analyzes the relationships between all of the assets. By monitoring, predicting, and providing critical data in an informative format to allow for quick decision making. The I-Platform™ solution lowers operating costs and reduces downtime.