Risk management
The SPE Asset Management Technical Section (AMTS) is teaming up with the University of Houston to launch a pilot program that advances asset management practices and supports the growth of energy professionals worldwide—setting a model for future collaborations between universities and SPE technical sections.
The SPE Management Technical Section has been officially renamed the Asset Management Technical Section. The new name better reflects the section’s focus on asset management as a core discipline in the upstream oil and gas industry.
This paper describes a tool that complements predictive analytics by evaluating top health, safety, and environment risks and recommends risk-management-based assurance intervention.
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Driving change to encourage a new way of thinking about enterprise-level risk and potential hazards. -
With global decommissioning activities forecast to reach $100 billion through 2030, early planning for it could go far in helping to minimize risk and associated costs.
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Regulators told some injection well operators close to the epicenter of a magnitude 4.0 earthquake that they will have to shut down their operations indefinitely.
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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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SponsoredImprove modeling accuracy and reduce the risk of unplanned downtime. By eliminating the need for multiple applications, get more accurate and comprehensive pressure safety studies faster.
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This paper details experiences gained while developing a novel technology-driven approach to risk assessment methodologies such as process hazard analysis, hazard identification, and hazard operability in oil and gas.
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Federal infrastructure law gives states financial incentive to remediate orphan wells.
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The recent Permian Basin earthquakes in Texas are keeping producers, regulators, and service providers busy in their quest to reduce the intensity and frequency of the induced seismic events.
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Early commitment to new energy projects can jeopardize their chances of success. Understanding and mitigating the risk of these projects is key to their success.
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The authors of this paper describe a software technology that balances calculated well-integrity risk with the associated financial impact for an entire integrity-surveillance program.
