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Plus Alpha Risk PlusAlpha Risk Management Solutions, LLC lwww.PlusAlphaRisk.com [email protected]+832.298.4380 Barrier and Project Interface Management The Keys to Making New Offshore Regulations, Standards and Practices Effective Scott W. Randall Managing Director, PlusAlpha Risk/BMC,LLC September 12, 2012

Barrier and Project Interface Management

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Scott W. Randall Managing Director, PlusAlpha Risk/BMC,LLC September 12, 2012. Barrier and Project Interface Management The Keys to Making New Offshore Regulations, Standards and Practices Effective. Regulations and Standards Post-Macondo Include :. - PowerPoint PPT Presentation

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Page 1: Barrier and Project Interface  Management

PlusAlpha Risk

PlusAlpha Risk Management Solutions, LLC lwww.PlusAlphaRisk.com [email protected]+832.298.4380

Barrier and Project Interface Management

The Keys to Making New Offshore Regulations, Standards and Practices Effective

Scott W. Randall Managing Director, PlusAlpha

Risk/BMC,LLCSeptember 12, 2012

Page 2: Barrier and Project Interface  Management

PlusAlpha Risk

Regulations and StandardsPost-Macondo Include:

Page 3: Barrier and Project Interface  Management

PlusAlpha Risk

PlusAlpha Risk Management Solutions, LLC lwww.PlusAlphaRisk.com [email protected]+832.298.4380

THE BOW-TIE SYSTEM INTEGRATES THE COMMON ELEMENTS

Effective Implementation of Post-Macondo Barrier Standards Faces the following risk management challenges:

1. Lack of a Unifying Link between RP75, RP96 and BUL97

2. Poor Communication of Risk Information at the Interfaces

  

Page 4: Barrier and Project Interface  Management

PlusAlpha Risk

PlusAlpha Risk Management Solutions, LLC lwww.PlusAlphaRisk.com [email protected]+832.298.4380

HOW DO THESE WORK TOGETHER TO MAKE A DIFFERENCE?

Page 5: Barrier and Project Interface  Management

PlusAlpha Risk

PlusAlpha Risk Management Solutions, LLC lwww.PlusAlphaRisk.com [email protected]+832.298.4380

Well Control Problem AreasAcross the Project Life Cycle

RISK MANAGEMENT ACTIVITIES

Page 6: Barrier and Project Interface  Management

PlusAlpha Risk

PlusAlpha Risk Management Solutions, LLC lwww.PlusAlphaRisk.com [email protected]+832.298.4380

• The Barrier Approach– Accepted Internationally (ISO 17776)– Highlighted throughout the Macondo Investigation– Important Part of the proposed Deepwater well design

and construction standard (API RP96)• Annex A

– Facilitated through the Bow-Tie Diagram

Making It Effective: One Idea

Page 7: Barrier and Project Interface  Management

PlusAlpha Risk

BOW-TIE SYSTEM PROVIDES A COMMON LANGUAGE

Pre Concept

Page 8: Barrier and Project Interface  Management

PlusAlpha Risk

PlusAlpha Risk Management Solutions, LLC lwww.PlusAlphaRisk.com [email protected]+832.298.4380

SIMPLIFIED WELL CONTROL BOW-TIE

Page 9: Barrier and Project Interface  Management

PlusAlpha Risk

PlusAlpha Risk Management Solutions, LLC lwww.PlusAlphaRisk.com [email protected]+832.298.4380

ONE EXAMPLE OF INTEGRATION

Page 10: Barrier and Project Interface  Management

PlusAlpha Risk

PlusAlpha Risk Management Solutions, LLC lwww.PlusAlphaRisk.com [email protected]+832.298.4380

EXAMPLE OF JSA SEMS IMPLEMENTATION

Page 11: Barrier and Project Interface  Management

PlusAlpha Risk

PlusAlpha Risk Management Solutions, LLC lwww.PlusAlphaRisk.com [email protected]+832.298.4380

ONE EXAMPLE OF INTEGRATION

Page 12: Barrier and Project Interface  Management

PlusAlpha Risk

CONCLUSION

Interface Management toolkit, including the Interface Management Plan Responsibility Matrix, Interface Register.

Page 13: Barrier and Project Interface  Management

PlusAlpha Risk

PMI Process Industry SIG; Houston, Texas USA Scott Randall, PlusAlpha Risk Management Solutions, LLC [email protected]

QUESTIONS?

for more information contact:Scott Randall

[email protected]+832-298-4380