risk assessment

The SPE technical director of Production and Facilities discusses the role process and occupational safety play in oil and gas operations.

Operators are increasingly sampling local groundwater prior to drilling as a risk management approach to deal with public concerns about hydraulic fracturing and other activities.

Companies have developed a greater understanding of the causes and effects of long-term fatigue on workers by adapting risk-based approaches to fatigue management. But it is important to incorporate work-site causes of fatigue.

In this paper, a data-driven model is applied to derive optimum maintenance strategy for a petroleum pipeline. The model incorporates structured expert judgment to calculate the frequency of failure, considering various failure mechanisms.