An application at the forefront of the accelerating digitalization of offshore exploration and production (E&P) is remote condition monitoring (CM) of platform equipment, especially with a unique data-sampling technique called time stamping. CM tracks the performance data of equipment, watching for deviations from baseline performance benchmarks. Any unexpected variances from those established baselines may indicate a developing fault in systems found typically on offshore platforms. Technicians can then be dispatched to further investigate or service the equipment, targeting root causes of the variances—an approach called condition-based maintenance (CBM).
Greater Efficiency With Digitalization
The CBM approach has shown that it can improve reliability, availability, and asset use.