The U.S. Pipeline regulatory structure continues to experience significant changes that will facilitate gaining the next level of safety and reliability performance. With the release of Part 1 of the Gas Mega Rule in October of 2019 (effective July 1, 2020), in lieu of replacement or re-testing pipelines, operators have the option of applying […]
PHMSA’s rule related to Rupture Mitigation on gas transmission pipelines, including requirements for remote-controlled valves or automatic shut-off valves, takes effect on October 5th, 2022. Gas Transmission operators must now analyze and understand the potential impact reduction from quicker shutdowns of pipeline segments following a rupture, through the use of both automatic or remote-controlled […]
Pipeline operators are increasingly transitioning their pipeline risk assessment approaches to more objective, quantitative risk models that provide for improved decision making, better ability to manage risk levels to acceptability targets and ultimately, support their integrity programs to eliminate high impact events. Many operators have existing relative index-based risk ranking models that, although characterized […]
Operators who have embraced a proactive continuous improvement approach to managing their Pipeline Integrity Management Programs are now including elements of data science to efficiently assess large volumes of data for trends and outliers. With structured and normalized data, Data Scientists can construct machine learning models that expose previously unavailable insights and automation. This […]
Patrick Vieth, Senior Vice President, Dynamic Risk selected to serve on the ASME Board of Governors. The American Society of Mechanical Engineers (ASME) has selected Patrick Vieth, Senior Vice President at Dynamic Risk to serve on the Board of Governors for a 4-year term which began in June 2021. The society consists of 12 Board […]
Class Location Change – a Key Driver for Applying Engineering Assessments Both Engineering Assessments (EA), as outlined in the CSA Z662 Canadian Oil & Gas Pipeline Standard and Engineering Critical Assessments (ECA), as outlined in the 49 CFR Part 192 US Gas Mega Rule are expected to be increasingly relied upon for demonstrating fitness-for-service and required safety levels to stakeholders including the public, regulators, customers, and the internal operating […]
Pipeline Integrity Management Solutions for Safe and Reliable Upstream Operations Upstream Asset Integrity teams are recognizing the need to have an improved understanding of their assets to protect capital investment, mitigate risk, ensure the safety of public, as well as adhere to new state/provincial and federal regulations. It is increasingly apparent that effectively managing pipeline integrity data, and ensuring efficient […]
An enterprise risk management (ERM) system development comprises a series of processes and linkages that must encompass the present risk management framework and fit within the overall corporate and asset management system and developed safety culture. Dynamic Risk leverages previous risk management studies and models, integrity assessment results and inspection datasets in application with appropriate elements of the consensus industry standards to address the three key elements of pipeline safety: process safety, safety culture and asset management.
