Houston, TX (PRWEB) May 17, 2011
Today, Athens Group published the second set of survey results from “The State of NPT on High-Specification Offshore Assets: Third Annual International Benchmarking Report.” Based on survey response it is clear that the industry believes starting risk mitigation earlier is key, as the following initiatives were identified as top opportunities for NPT reduction: better defined requirements (67%); improved factory acceptance and commissioning testing (63%); and development of a software specific risk mitigation plan (59%). Other highlights from this latest set of results, Focus on NPT Reduction Metrics and Initiatives, include: respondents reported that control systems software and hardware integration-related NPT is 67-86% higher than the acceptable rate, depending on the age of the asset; and although some progress has been made in reducing control systems software and hardware integration-related NPT, it still accounts for 34% (on average) of overall NPT costs. The information in this report is based on survey responses from Drilling Contractors and Operators. The survey was designed to help the industry reduce control systems software and hardware integration related NPT on high-specification assets by answering these questions:
- Where was progress made in 2010?
- What are the barriers to improving the current metrics?
- What are the greatest opportunities going forward?
- What initiatives are planned for 2011?
The first report in this series (Focus on Industry Collaboration and Safety) was released in April. Both of these free reports can be downloaded at: http://www.athensgroup.com.
About Athens Group
The high rate of non-productive time (NPT) and project delays on today’s highly-automated offshore drilling and production assets is unacceptable! Drilling Contractors and Operators rely on Athens Group to help them reduce NPT, improve safety and safeguard the environment by identifying and addressing software-related equipment failures. Our Drilling Technology Assurance℠ Services were developed specifically for highly integrated control systems and are tailored for each phase of the asset lifecycle. Athens Group has more expertise in this specialized area than any other vendor. Our Proven Practices℠ Methodology; software, hardware, and network topology experience; and vendor equipment experience speed risk assessment and mitigation. This is why the cost ratio of our services to NPT savings typically exceeds 1:100. Our customers, industry-leading companies such as Anadarko, BP, Chevron, Eni, ExxonMobil, Maersk, Marathon, Noble Drilling, Pacific Drilling, Shell, Stena Drilling, Total and Transocean, to name just a few, are all referenceable.