1 © Life Cycle Engineering 2013

Troy G Schwartz, PE, CQE, CRE, CSP, CSSBB, CCMP, PMP Session: 05D - Topics on R&M Management and Risk Analysis Date: Tuesday, 28 January 2014, 0800-1000

Critical Asset Performance Standards (CAPS) Development

for Offshore Reliability

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Outline

• Background • Process Overview • Analyzing Safety-Critical Elements • Applying CAPS • Conclusions • Next Steps

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Background & Process Overview

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Phase 1: Analyzing SCEs Step 1 Identify Major Accident Events (MAEs)

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Phase 1: Analyzing SCEs (cont.) Step 2 Develop the Safety Case

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Phase 1: Analyzing SCEs (cont.) Step 3 Identify Safety-Critical Elements (SCEs)

MODU = Mobile Offshore Drilling Unit

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Phase 1: Analyzing SCEs (cont.) Step 3 Identify Safety-Critical Elements (SCEs)

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Phase 2: Applying CAPS Step 4 Develop Performance Standards

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Phase 2: Applying CAPS (cont.) Step 5 Identify Trendable Data and Thresholds

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Phase 2: Applying CAPS (cont.) Step 6 Create SCE and non-SCE Maintenance Tasks

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Conclusion

• At the end of the CAPS development process, the following information will be available: – Comprehensive list of the critical assets and an

understanding of their relationship to MAEs – Well-defined performance-based standards – Metrics for trending and continuous improvement – Documented maintenance tasks for critical assets

Leveraging CAPS within a Risk-Based Asset Management strategy provides the framework for

effectively managing critical asset reliability.

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Next Steps

• Leverage Real-Time Data Integration • Perform Strategic Reliability Analysis

– Individual Asset Level – System Level Analysis

• Fixed Rig Platforms (Manned or Unmanned) • MODUs (i.e. Drill Ships, Jack-ups,

Semisubmersibles, etc.)