Comparative Risk Analysis of Deep Water Production Systems
This project will develop a methodology and tools that will allow the MMS to readily compare the risks of offshore systems that introduce new technologies with the risks of existing systems. The permitting process for a deep water offshore project requires operators to complete a Deep Water Operating Plan (DWOP). A portion of the DWOP describes the new technologies incorporated in the project, and the operator is required to show that the proposed system with the new technologies is at least as reliable as existing systems.