HomeMagazine2014November 2014, Vol. 241, No. 11Building A Risk Model For Midstream Shale Gas Assets

November 2014, Vol. 241, No. 11

Features

Building A Risk Model For Midstream Shale Gas Assets

Access Midstream has identified a need for a broad-spectrum risk model for its pipeline assets. This business need extends beyond the requirements mandated by the federal Department of Transportation (DOT) and state regulatory agencies. Regardless of regulatory status, all pipeline assets carry some risk, and even unregulated pipelines can carry a level of risk that may require mitigation for prudent operation. In addition to providing a tool to aid in protecting Access’ assets, risk management drives health and environmental safety decisions, protecting the company’s acceptance in the communities it operates in. In other words, risk-based decision-making can enhance

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