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Intelligent Well Reliability Group

“Multidisciplinary reliability: How can we achieve spacecraft levels of reliability for the entire life-cycle of oil & gas projects?”

Paper presented at the Intelligent Wells Conference: December 12 - 13 2002; Pre-Conference Masterclass: December 11 2002
Venue: The Doubletree Post Oak, Houston, Texas, USA

Abstract -

This case study uses an innovative analysis technique originating in the aerospace and defense worlds, applying it to an intelligen well system spanning downhole, subsea and topsides. It combines engineering analysis with economic modelling to maximize system reliability and thereby optimize asset value.

Discover how to:
Quantify the value of functionality and the potential cost of failure
Assess the reliability of a complex system design
Highlight areas of a system design that need priority attention to improve system reliability
Ensure gauges, controls and valves work when required and do not cause ‘mission-critical’ failure
Confirm whether proposed improvements to the system, intended to enhance reliability, really would deliver the desired benefit

 

John Hother, Principal Consultant PRONETA

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