Risk Management in Well Technology

The course contains a general introduction to general risk management methodology and a variety of xxx2examples of how this methodology is used within well applications. The main goal of the course is to provide course participants with a basic understanding of risk management so that they can review and participate in risk management processes in their own organizations

Course content:

  • General introduction to risk management
  • Reliability analysis
  • Quantitative risk assessment methods and statistics
  • The HAZOP methodology
  • Risk management in production wells – well barrier management systems
  • Risk management for well construction – cost & schedule risk with focus on well cost estimationsswe
  • Risk management for well construction – technical risks
  • Risk management for environmental risk – blowout risk analysis

Risk management in organizations