Risk-Based Inspection Technique - Offshore Structures: Design, Construction and Maintenance - page 596

TABLE 8.25 World-wide Variation in Default Values for Consequence Costs

Variable Location Description

G N C M E Units

i 10% 10% 10% 10% 10% % Discount rate

P oil $120.00 $130.00 $110.00 $130.00 $110.00 $/bbl Oil revenue per bbl

P gas $1.50 $3.00 $1.50 $1.50 $1.50 $/mscf Gas

C ex $1 MM $1 MM $1 MM $1 MM $1 MM $ Personnel marginal exposure cost

n 200 545 180 180 400 Days Default deferred production period

FC $500 M $750 M $400 M $350 M $500 M USD Fixed environmental cost in open sea

VC $500 $500 $500 $500 $500 $/bbl Variable environmental cost in open sea

d 50 65 25 25 50 Miles Default distance offshore

d m 100 100 100 100 100 Miles Distance offshore to open sea

— $5 M $5 M $5 M $5 M $5 M $/ton Default replacement value

M $150 M $150 M $150 M $150 M $150 M $ Default daily production value

RV 250 250 250 250 250 Bbl Default spill volume

N crew 20 20 20 20 20 Persons Default crew size: service unknown

N crew 30 30 30 30 30 Persons Default crew size: production platform

20 20 20 20 20 Persons Default crew size: drilling platform

N crew