Risk management

Integrated Simulation Increases Efficiency of Deepwater Risk Management

In an effort to better understand well issues, a global offshore drilling contractor created a program of fully integrated deepwater-DP-drilling simulation exercises to scrutinize all critical aspects of deepwater well-control operations.

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Source: Getty Images.

As deepwater drilling moved into the dynamic-positioning (DP) era, many drilling contractors and operators lacked an evidence-based approach for identification of potential process-safety and well-control failure points. In an effort to better understand well issues, operational-procedure adequacy, well-control intervention practices, and human factors, a global offshore drilling contractor created a program of fully integrated deepwater-DP-drilling simulation exercises to scrutinize all critical aspects of deepwater well-control operations. The result is a proactive, behavior-based risk-management process.

A Sea Change in Drilling

Beginning in the early 2000s, offshore drilling experienced significant growth in demand. This increased demand, driven by rising commodity prices and the macro­economic phenomenon of rapid economic development in China and India, combined with enhanced technological developments enabling drilling in deeper water, led the industry into a new era.

With the move to deeper water and enhanced DP operations, the industry faced unprecedented demand for drilling units and, therefore, new personnel.

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