risk assessment
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This paper delves into the evolving landscape of drilling automation, emphasizing the imperative for these systems to go beyond novelty and deliver quantifiable financial value.
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This paper presents an integrated view of three key areas of knowledge that typically are addressed individually—cybersecurity, process safety, and human factors—from the perspective of cybersecurity.
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A self-updating and customizable data-driven strategy for real-time monitoring and management of screenout, integrated with proppant filling index and safest fracturing pump rate, is proposed to improve operational safety and efficiency at field scale.
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This paper discusses how a traditional stochastic approach in project economics used for screening and ranking can sometimes limit management visibility of all possible outcomes in a project.
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This study compares, in a carbon capture and storage (CCS) context, the economics of a traditional business model vs. an alternative business model (a regional CCS hub separately managed by a special-purpose vehicle).
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Driving change to encourage a new way of thinking about enterprise-level risk and potential hazards.
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A recent report released from the National Academies of Sciences, Engineering, and Medicine shows improvement in measurement and management of systemic risk in Gulf of Mexico oil and gas operations but adds that progress lags in some areas.
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Risk is a common thread that runs throughout all engineering disciplines. This course aims to present how to understand and identify hazards, analyze risk, and understand the importance of a comprehensive management system.
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Instead of insights, traditional economic yardsticks in mature fields can create surprises. Buyers, investors, and lenders need new yardsticks—besides those based on present value—in order to make profitable decisions in mature properties.
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This paper describes a collaboration between the operator and a service company that resulted in a successful deployment of an automation platform to manage risks and optimize drilling operations in exploration wells.
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