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Pm595 Deep Water Oil Rig Course Project Paper

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The deployment of a deep water oil rig comes with several concerns.   For critics of offshore oil drilling questions are asked such as, “Is drilling oil wells thousands of feet below the ocean surface simply too dangerous to be allowed at all?”   This question comes with the concern of how off shore drilling may cause possible failure and the potentially catastrophic damage that the spill will cause.   This is a popular concern, especially after the April 2010 explosion and subsequent fire on the Deepwater Horizon Mobile Offshore Drilling Unit, which was owned and operated by Transocean and drilling for BP in the Macondo Prospect oil field southeast of the Louisiana coast.   The explosion killed 11 workers and the injured 16 others.   It caused the Deepwater Horizon to burn and sink, and started a massive offshore oil spill in the Gulf of Mexico.   This environmental disaster is now considered the second largest in U.S. history.
The White House oil spill commission found faults by the companies that led to the spill.   They accused BP of working cheaply by making decisions that helped the company save time and money by not performing proper test and ignoring several tests that failed.   Even though the actual cause of the disaster was from the failure of a blowout preventer, which was designed to automatically sever the pipe and seal the well, the U.S. Government is faulting the management of Maconda.   They feel that this disaster could have been prevented if BP and the other companies would have had better management of decision-making processes, better communication between the companies and contractors and effective training.  

The Deepwater Horizon explosion was an example of remote risk that was not taken into consideration because of the unlikely occurrence.   Risk exists in every project and need to be identified and understood.   BP failed to realize the full risk...

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