Decision-making on modern pipeline projects is subject to a broader and more complex range of influences and risk drivers than ever before. Issues such as new and tightening regulations, public health and safety, construction constraints, water constraints, arctic geotechnical issues, carbon management, Aboriginal interests and increased stakeholder participation all impact the lifecycle costs and benefits of pipeline project options. These are in addition to the more traditional issues that need to be addressed, which include point of origin, terminus location, routing, volumetric sizing and expansion scenarios. Superior decisions may be achieved on pipeline projects by the application of a structured triple-bottom line risk assessment at the front end of project planning. By adopting a broader view of the impacts of project operations, optimized solutions can be identified and proven, ultimately leading to a more profitable and lower risk commercial operation.
Skip Nav Destination
2010 8th International Pipeline Conference
September 27–October 1, 2010
Calgary, Alberta, Canada
Conference Sponsors:
- International Petroleum Technology Institute and the Pipeline Division
ISBN:
978-0-7918-4422-9
PROCEEDINGS PAPER
Assessing the Full Costs and Benefits of Pipeline Options
Michael Buckley,
Michael Buckley
WorleyParsons Canada, Calgary, AB, Canada
Search for other works by this author on:
Ash Kirvan
Ash Kirvan
WorleyParsons Canada, Calgary, AB, Canada
Search for other works by this author on:
Michael Buckley
WorleyParsons Canada, Calgary, AB, Canada
Ash Kirvan
WorleyParsons Canada, Calgary, AB, Canada
Paper No:
IPC2010-31356, pp. 21-30; 10 pages
Published Online:
April 4, 2011
Citation
Buckley, M, & Kirvan, A. "Assessing the Full Costs and Benefits of Pipeline Options." Proceedings of the 2010 8th International Pipeline Conference. 2010 8th International Pipeline Conference, Volume 3. Calgary, Alberta, Canada. September 27–October 1, 2010. pp. 21-30. ASME. https://doi.org/10.1115/IPC2010-31356
Download citation file:
11
Views
Related Proceedings Papers
Related Articles
Comparative Risk Assessment of Alternative TLP Systems: Structure and
Foundation Aspects
J. Offshore Mech. Arct. Eng (May,1994)
A Set of Estimation and Decision Preference Experiments for Exploring Risk Assessment Biases in Engineering Students
ASME J. Risk Uncertainty Part B (March,2023)
Optimal Design of Onshore Natural Gas Pipelines
J. Pressure Vessel Technol (June,2011)
Related Chapters
Corrosion Risk Analysis
Corrosion and Materials in Hydrocarbon Production: A Compendium of Operational and Engineering Aspects
Managing Risk: Effective Use of Structural Reliability Assessment (SRA) and Quantitative Risk Assessment (QRA) for Sabah-Sarawak Gas Pipeline (SSGP)
Pipeline Integrity Management Under Geohazard Conditions (PIMG)
Asset Management of Pipeline Infrastructure in the United States
Geological Engineering: Proceedings of the 1 st International Conference (ICGE 2007)