Smart-Risk

Rapid Risk Assessment Tool for Inservice BOP Sytems

Complete system FMECA risk assessment of simple integrity and functional faults for each BOP component:

  • Thousands of failure mode combinations assessed in advance of any known failure or degradation.
  • Single point failure identification
  • Living FMECA (Failure Mode and Criticality Assessment)
  • Reliability Block Diagrams
  • Fault Trees
  • Decision Tree based on system configuration

Family of Function Block Diagrams - Communicating to the reviewer the total systems capabilities in a pictorial format easy to understand and assess.  All components in the family from critical supply out to major function can be found in a single document instead of stretched out across multiple P&IDs.

family of function

Reliability Block Diagrams - Developed and delivered using the IEC 80612 international standard allowing the reviewer to see the family members redundant capabilities.

Fault Tree Analysis - Developed to communicate the top event should the component or system degrade to a loss of functionality, this is traditionally referred to as the “What IF”.

Risk Assessment Report - Inputting the Component ID render the component nomenclature and the family association and selecting the failure mode auto completes the full risk assessment including symptomology, trouble shooting and a contingency plan to maintain control for your primary responsibility to well control.

Pointedly formatted to communicate the technical facts using standard verbalization and largely populated by pre-assessment information making assembly quick and easy.

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The below graphic is a comparison of traditional Risk and Loss Mitigation timelines to that of the BRMS Risk and Loss Mitigation System.  The BRMS system accomplishes the same technical assessment in a mere fraction of the time for rapid response to reporting requirements.

timeline