Case Study: a large oil and gas company boosts offshore platform production with Avathon Industrial AI

Large Oil and Gas Company - Customer Case Study

A large oil and gas company sought to maximize production and improve safety across its high-volume offshore platforms. While the customer had a data-first mindset, it struggled to operationalize its AI predictive analytics at scale to predict equipment failures. To overcome this challenge, the company partnered with Avathon to leverage its Industrial AI platform.

Avathon developed and deployed predictive models that successfully identified potential failures with significant advance warning. Using the Avathon Industrial AI platform, the customer operationalized these models, which led to a 4% increase in platform availability. This resulted in the avoidance of costly downtime, including one event that saved an estimated $10M in deferred production. Fully deployed, the Avathon solution is projected to have an annual economic impact of approximately $800M.