By Michael Golan
ISBN-10: 0139466096
ISBN-13: 9780139466090
Explores the engineering operations and projects concerned with interpreting the construction behaviour of oil and gasoline wells. The booklet discusses the influence of good dimension, reservoir info and working stipulations at the creation website.
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Sample text
For our purposes, we can view regulatory agencies as representing the public since regulations exist to serve the public interest. The public includes several customer groups with sometimes conflicting needs. Those vitally concerned with public safety versus those vitally concerned with costs, for instance, are occasionally at odds with one another. When a regulatory agency mandates a pipeline safety or maintenance program, this can be viewed as a customer requirement originating from that sector ofthe public that is most concerned with the safety of pipelines.
Where risk often focuses on scenarios involving fatality, injury, property damage, etc.. reliability focuses on scenarios that lead to equipment unavailability, repair costs, etc. [45] Risk analysis is often more of a diagnostic tool, helping us to better understand and make decisions about an overall existing system. Reliability techniques are more naturally applied to new structures or the performance of specific components. Many of the same techniques are used, including FMEA, root cause analyses, and event-tree/fault-tree analyses.
Neither is necessarily superior- Risk assessment models 2/23 either might be more appropriate for specific applications. Desired accuracy, achievable accuracy, intended use, and availability of resources are considerationsin choosing an approach. Most pipeline risk efforts generally fall into the “model” category-seeking to gain risk understanding in the most efficient manner. Although not always apparent, the most simple to the most complex models all make use of probability theory and statistics.
Well Performance by Michael Golan
by Anthony
4.1