Inspectioneering
Sponsored White Paper

Managing Risks Associated with the Integrity and Reliability of Subsea Fields using Bayesian Networks

Wood, May 21, 2018

Sponsored White Paper Description:

Integrity and reliability studies are performed to estimate risks, identify risk reduction measures and implement controlled changes. Within the oil and gas industry, these risks are classified based on the different stages in an asset's life cycle. Each stage in the asset life cycle has its own challenges and uncertainties in risk estimation, hence different risk mitigation measures. The proposed hybrid approach focuses on operational risks and optimizing integrity and reliability programs.

Asset life cycle stages and teams involved

This white paper includes the following sections:

  1. Background
  2. Objective
  3. Methodology
  4. Bow-tie analysis
  5. Probabilistic risk assessment (PRA)
  6. Bayesian networks (BNs)
  7. Approach process map
  8. Developed BN models
  9. Risk and cost based inspection calculation
  10. Model validation
  11. Sensitivity analysis
  12. Model application in the Gulf of Mexico
  13. Conclusions
  14. Recommendations
  15. Learn more
  16. References

Please log in or register to download Managing Risks Associated with the Integrity and Reliability of Subsea Fields using Bayesian Networks.

Managing Risks Associated with the Integrity and Reliability of Subsea Fields using Bayesian Networks

To download this White Paper, please

Log in or Create an account


Inspectioneering Journal

Explore over 20 years of articles written by our team of subject matter experts.

Company Directory

Find relevant products, services, and technologies.

Job Postings

Discover job opportunities that match your skillset.

Case Studies

Learn from the experience of others in the industry.

Event Calendar

Find upcoming conferences, training sessions, online events, and more.

Industry News

Stay up-to-date with the latest inspection and asset integrity management news.

Blog

Read short articles and insights authored by industry experts.

Acronyms

Commonly used asset integrity management and inspection acronyms.

Asset Intelligence Reports

Download brief primers on various asset integrity management topics.

Videos

Watch educational and informative videos directly related to your profession.

Expert Interviews

Inspectioneering's archive of interviews with industry subject matter experts.