Technical Paper
Remote Control System Strategies; developing a Business Case through Engineering Analysis

John A Hother, Proneta ltd; Remote Control and Monitoring in Oil and Gas conference held in Aberdeen 24-25th June 2002.

Abstract

Employing the most suitable and effective communication/control system for your installation is a critical aspect of the long-term asset production. Failures during production can have major economic impact on the revenue, and therefore on the business case. You need to be able to evaluate that risk. You also need to be able to identify and assess the best mitigating measures to bring those risks, in Dollar terms, to an acceptable level. This session will demonstrate how to -

	Undertake an engineering-based analysis of the proposed communication system and its constituent elements;
	Construct an economic model of the consequences of failure;
	Combine the two to give a quantitative evaluation of the risks, in Dollar terms;
	Compare the risk profiles of different system options, again in Dollar terms;
	Use the results to identify the critical risks;
	Formulate a risk-reduction plan that will reduce those critical risks;
	Check that the risk-reduction plan is correctly targeted.

We will use a method originally developed for the aerospace and defence industry, and now being used successfully for evaluating production-critical systems in oil and gas projects.