24 comments on More on Rig Damage and Structural Integrity
Comments can no longer be added to this story.
| Show without comments | PDF version
24 comments on More on Rig Damage and Structural Integrity
Comments can no longer be added to this story.
| Show without comments | PDF version
Google search
Advanced search
Support The Oil Drum
Recently on TOD:World
TOD:Campfire
- How do we maintain adequate phosphorus and potassium levels for crops?
- What should we do with funds set aside for retirement?
- Leading the Way to a Low-Energy Future
TOD:Europe
TOD:Canada
- In this house, we obey the laws of thermodynamics!
- The Round-Up: October 24, 2008
- Compressed Air Energy Storage - How viable is it?
TOD:Australia/NZ
- Electric Vehicles: The End Of Australian Manufacturing ?
- Upcoming Forum In Sydney: 'Peak Oil - Is this the end of civilisation as we know it ?'
- From Counterculture To Cyberculture: The Life And Times Of Stewart Brand
TOD:Net Energy
Blogroll
Energy Sites
- The Coming Global Oil Crisis
- Die Off
- Dry Dipstick
- Energy Bulletin
- From the Wilderness
- Life After the Oil Crash
- Peak Oil Crisis
- Peak Oil News and Message Boards
- Powerswitch
- Rigzone
- Matthew Simmons
- Wolf at the Door
Environment & Sustainability Sites
- The Daily Green
- EcoGeek
- Eco Street
- Green Car Congress
- Green Options
- green.alltop.com
- Gristmill
- RealClimate
- Sustainablog
- Treehugger
- WorldChanging
Blogs
- Casaubon's Book
- Cleantech Blog
- Clusterf
k Nation (Jim Kunstler) - The Cost of Energy
- David Strahan
- Early Warning
- The Energy Blog
- European Tribune
- GraphOilology
- Health After Oil
- jeffvail.net
- Mobjectivist
- Peak Energy (Australia)
- Peak Energy (USA)
- R-Squared
- Resource Insights
Finance & Economics Blogs
- The Big Picture
- Calculated Risk
- The Crash Course
- Ecological Economics
- Econbrowser
- Environmental Economics
- Infectious Greed
- The Mess That Greenspan Made
- Mish's Global Economic Trend Analysis
Organizations
Peak Oil Primers
Beware email scams!
Beware email scams claiming to be from this site. We do not have any job openings. If anyone contacts you about a job at The Oil Drum, do not reply to them, and definitely do not give them any personal information or send them money. Read more here.
“The aim of every political constitution is, or ought to be, first to obtain for rulers men who possess most wisdom to discern, and most virtue to pursue, the common good of the society; and in the next place, to take the most effectual precautions for keeping them virtuous whilst they continue to hold their public trust.”
—James Madison, FEDERALIST #57 (1787)
User login
Contact
- Content: editors at theoildrum dot com
- Tech support: support at theoildrum dot com
Personnel
- Editors: Gail the Actuary, Prof. Goose
- DrumBeat Editor: Leanan
- Contributors: ace, Dave Murphy, Engineer-Poet, Glenn, Heading Out, Jason Bradford, jeffvail, JoulesBurn, Nate Hagens, Sam Foucher, Robert Rapier
- TOD:Europe: Chris Vernon, Euan Mearns, Francois Cellier, Jerome a Paris, Luís de Sousa, Rembrandt, Rune Likvern, Ugo Bardi
- TOD:ANZ: aeldric, Big Gav, Phil Hart
- Emeritus: Stuart Staniford
- Technician: Super G
License
This work is licensed under a Creative Commons Attribution-Share Alike 3.0 United States License.










GAIA Host Collective
We design around those specifications all of the time. And they are not static. They are constantly being updated (which gives manufacturer's like me constant headaches).
Environmental conditions are ALWAYS a part of a rig specification. Temperature extremes for metallurgical consideration, humidity for corrosion consideration, ambient temperatures for cooling consideration, seismic conditions for equipment accelerations during a seismic event, it is all taken in to account.
A production platform will be most specific in their requirements, as they are for the most part a static structure so we can plan around those very specific environmental conditions.
Mobile rigs (MODU's) which include jackups, semis and drillships are built to specifications for the worst environment expected during the lifetime of the vessel.
Building to North Sea requirements is very expensive due to multiple overlapping governmental regulation agencies and the nature of the environment. South East Asia is a paradise compared to the North Sea. Sea conditions are relatively calm and temperatures are moderate.
A jackup built to SE Asia conditions would never be allowed to drill in the North Sea. Ever. But a North Sea rig can drill anywhere in the world. It all comes down to initial investment and expected return on capital which determines what type of rig a contractor orders from the shipyard.
Now let's venture back to the GoM. Some comments as what would it take to build a rig to Cat 5 standards. And there have been some informative responses. What has not been addressed is capital requirements.
Yes, we can build to Cat 5 standards. Ridiculously expensive. And most of that expense unnecessarily spent (it may never be required in the life of a rig or a platform). THose are valuable dollars that can be spent on exploration, drilling, and refining.
So the purchaser of a facility or rig builds to a certain level. A level sufficient to mitigate against a majority of environmental threat. Anything above and beyond that level is mitigated with insurance. That's why Risk Management is a career path.
An operator can build to Cat 5 specs which may never be used (inefficient allocation of capital) or they can build to Cat 3 and purchase insurance for anything above and beyond that state. A much more efficient use of capital.
Although right now, I'm sure the insurance companies are not very happy about their side of the deal.