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Probabilistic risk assessment of major accidents: application to offshore blowouts in the Gulf of Mexico

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  • Nima Khakzad
  • Sina Khakzad
  • Faisal Khan

Abstract

Major accidents are low-frequency, high-consequence accidents which are not well supported by conventional statistical methods due to the scarcity of directly relevant data. Modeling and decomposition techniques such as event tree have been proved as robust alternatives as they facilitate incorporation of partially relevant near accident data–accident precursor data—in probability estimation and risk analysis of major accidents. In this study, we developed a methodology based on event tree and hierarchical Bayesian analysis to establish informative distributions for offshore blowouts using data of near accidents, such as kicks, leaks, and failure of blowout preventers collected from a variety of offshore drilling rigs. These informative distributions can be used as predictive tools to estimate relevant failure probabilities in the future. Further, having a set of near accident data of a drilling rig of interest, the informative distributions can be updated to render case-specific posterior distributions which are of great importance in quantitative risk analysis. To cope with uncertainties, we implemented the methodology in a Markov Chain Monte Carlo framework and applied it to risk assessment of offshore blowouts in the Gulf of Mexico. Copyright Springer Science+Business Media Dordrecht 2014

Suggested Citation

  • Nima Khakzad & Sina Khakzad & Faisal Khan, 2014. "Probabilistic risk assessment of major accidents: application to offshore blowouts in the Gulf of Mexico," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 74(3), pages 1759-1771, December.
    • Handle: RePEc:spr:nathaz:v:74:y:2014:i:3:p:1759-1771
    DOI: 10.1007/s11069-014-1271-8
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    References listed on IDEAS

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    1. Khakzad, Nima & Khan, Faisal & Amyotte, Paul, 2011. "Safety analysis in process facilities: Comparison of fault tree and Bayesian network approaches," Reliability Engineering and System Safety, Elsevier, vol. 96(8), pages 925-932.
    2. Khakzad, Nima & Khan, Faisal & Amyotte, Paul, 2012. "Dynamic risk analysis using bow-tie approach," Reliability Engineering and System Safety, Elsevier, vol. 104(C), pages 36-44.
    3. Woojune Yi & Vicki M. Bier, 1998. "An Application of Copulas to Accident Precursor Analysis," Management Science, INFORMS, vol. 44(12-Part-2), pages 257-270, December.
    4. Robin L. Dillon & Catherine H. Tinsley, 2008. "How Near-Misses Influence Decision Making Under Risk: A Missed Opportunity for Learning," Management Science, INFORMS, vol. 54(8), pages 1425-1440, August.
    5. Khakzad, Nima & Khan, Faisal & Paltrinieri, Nicola, 2014. "On the application of near accident data to risk analysis of major accidents," Reliability Engineering and System Safety, Elsevier, vol. 126(C), pages 116-125.
    6. Yan, Zhenyu & Haimes, Yacov Y., 2010. "Cross-classified hierarchical Bayesian models for risk-based analysis of complex systems under sparse data," Reliability Engineering and System Safety, Elsevier, vol. 95(7), pages 764-776.
    7. Quigley, John & Bedford, Tim & Walls, Lesley, 2007. "Estimating rate of occurrence of rare events with empirical bayes: A railway application," Reliability Engineering and System Safety, Elsevier, vol. 92(5), pages 619-627.
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    1. Khakzad, Nima & Van Gelder, Pieter, 2018. "Vulnerability of industrial plants to flood-induced natechs: A Bayesian network approach," Reliability Engineering and System Safety, Elsevier, vol. 169(C), pages 403-411.
    2. Yanyan Liu & Keping Li & Dongyang Yan & Shuang Gu, 2023. "The prediction of disaster risk paths based on IECNN model," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 117(1), pages 163-188, May.
    3. Nima Khakzad & Faisal Khan & Paul Amyotte, 2015. "Major Accidents (Gray Swans) Likelihood Modeling Using Accident Precursors and Approximate Reasoning," Risk Analysis, John Wiley & Sons, vol. 35(7), pages 1336-1347, July.
    4. Shengli, Liu & Yongtu, Liang, 2019. "Exploring the temporal structure of time series data for hazardous liquid pipeline incidents based on complex network theory," International Journal of Critical Infrastructure Protection, Elsevier, vol. 26(C).
    5. Michael Felix Pacevicius & Marilia Ramos & Davide Roverso & Christian Thun Eriksen & Nicola Paltrinieri, 2022. "Managing Heterogeneous Datasets for Dynamic Risk Analysis of Large-Scale Infrastructures," Energies, MDPI, vol. 15(9), pages 1-40, April.

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