The annual cost of corrosion in the USA oil and gas industry is over $27 billion leading some to estimate the global cost as exceeding $60 billion. For companies with oil or gas infrastructure the need to reduce corrosion-related costs is pressing. Further, public awareness and regulatory scrutiny on environmental impact from release of oil and gas have enormously increased in recent years. CorrMagnet helps the companies to reach “zero-failure” due to corrosion using the unique 5-M methodology. The five pillars of the methodology are: Modeling, Mitigation, Monitoring, Maintenance, and Management. CorrMagnet will help implementation of the 5-M methodology in various segments of the oil and gas industry including production, transmission, storage, refining, and distribution.