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© Life Cycle Engineering 2013 1 
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
2 
Outline 
• 
Background 
• 
Process Overview 
• 
Analyzing Safety-Critical Elements 
• 
Applying CAPS 
• 
Conclusions 
• 
Next Steps
3 
Background & Process Overview
4 
Phase 1: Analyzing SCEs Step 1  Identify Major Accident Events (MAEs)
5 
Phase 1: Analyzing SCEs (cont.) Step 2  Develop the Safety Case
6 
Phase 1: Analyzing SCEs (cont.) Step 3  Identify Safety-Critical Elements (SCEs) 
MODU = Mobile Offshore Drilling Unit
7 
Phase 1: Analyzing SCEs (cont.) Step 3  Identify Safety-Critical Elements (SCEs)
8 
Phase 2: Applying CAPS Step 4  Develop Performance Standards
9 
Phase 2: Applying CAPS (cont.) Step 5  Identify Trendable Data and Thresholds
10 
Phase 2: Applying CAPS (cont.) Step 6  Create SCE and non-SCE Maintenance Tasks
11 
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.
12 
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.)

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Critical Asset Performance Standards (CAPS) Development for Offshore Reliability

  • 1. © Life Cycle Engineering 2013 1 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
  • 2. 2 Outline • Background • Process Overview • Analyzing Safety-Critical Elements • Applying CAPS • Conclusions • Next Steps
  • 3. 3 Background & Process Overview
  • 4. 4 Phase 1: Analyzing SCEs Step 1  Identify Major Accident Events (MAEs)
  • 5. 5 Phase 1: Analyzing SCEs (cont.) Step 2  Develop the Safety Case
  • 6. 6 Phase 1: Analyzing SCEs (cont.) Step 3  Identify Safety-Critical Elements (SCEs) MODU = Mobile Offshore Drilling Unit
  • 7. 7 Phase 1: Analyzing SCEs (cont.) Step 3  Identify Safety-Critical Elements (SCEs)
  • 8. 8 Phase 2: Applying CAPS Step 4  Develop Performance Standards
  • 9. 9 Phase 2: Applying CAPS (cont.) Step 5  Identify Trendable Data and Thresholds
  • 10. 10 Phase 2: Applying CAPS (cont.) Step 6  Create SCE and non-SCE Maintenance Tasks
  • 11. 11 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.
  • 12. 12 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.)