Precursor analysis for offshore oil and gas drilling : from prescriptive to risk-informed regulation
Cooke, Roger M and Ross, Heather and Stern, Adam (2011) Precursor analysis for offshore oil and gas drilling : from prescriptive to risk-informed regulation. Discussion paper. Resources for the Future. (https://doi.org/10.2139/ssrn.1744192)
Full text not available in this repository.Request a copyAbstract
The Oil Spill Commission’s chartered mission - to “develop options to guard against … any oil spills associated with offshore drilling in the future” (National Commission 2010) - presents a major challenge: how to reduce the risk of low-frequency oil spill events, and especially high-consequence events like the Deepwater Horizon accident, when historical experience contains few oil spills of material scale and none approaching the significance of the Deepwater Horizon. In this paper, we consider precursor analysis as an answer to this challenge, addressing first its development and use in nuclear reactor regulation and then its applicability to offshore oil and gas drilling. We find that the nature of offshore drilling risks, the operating information obtainable by the regulator, and the learning curve provided by 30 years of nuclear experience make precursor analysis a promising option available to the U.S. Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) to bring cost-effective, risk-informed oversight to bear on the threat of catastrophic oil spills.
-
-
Item type: Monograph(Discussion paper) ID code: 45213 Dates: DateEvent12 January 2011PublishedSubjects: Social Sciences > Industries. Land use. Labor > Risk Management Department: Strathclyde Business School > Management Science Depositing user: Pure Administrator Date deposited: 16 Oct 2013 10:53 Last modified: 09 Apr 2024 04:39 URI: https://strathprints.strath.ac.uk/id/eprint/45213