PROCESS FOR DETERMINING REAL TIME RISK, RELIABILITY AND LOSS MITIGATION POTENTIAL FOR ULTRA DEEPWATER WELL CONTROL EQUIPMENT USED FOR OFFSHORE DRILLING OPERATIONS

摘要

A risk/reliability assessment tool for ultra-deepwater well control equipment used for offshore drilling operations is disclosed. Embodiments take into consideration all of the processes required for competent risk/reliability assessment for loss mitigation. In an exemplary embodiment, the system provides a simulation tool which evaluates equipment components and simulates the various failure modes for each component and the effect on the other components in the equipment being evaluated.