HomeMagazine2014April 2014, Vol. 241 No. 4Computing Risk: Leak Detection Strategies

April 2014, Vol. 241 No. 4

Features

Computing Risk: Leak Detection Strategies

Kalamazoo River, Mayflower, Grand Marsh, Bonga Field, Little Buffalo – all places that suffered pipeline spills in the last several years. The recurrence of significant incidents has many countries spending more and more time investigating the pipeline industry’s safety practices. This resurgence comes at a time when oil and natural gas initiatives around the world are putting pressure on new pipeline development. This scenario creates a significant risk/reward situation for the midstream industry. On one hand, continued safety failures from the midstream industry risks lost development permits and increased government regulation, alongside billions in fines, fees an

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