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SPR Risk Governance: Mission Readiness 24/7 Presented by William C. “Hoot ” Gibson, Jr. Project Manager Strategic Petroleum Reserve New Orleans, LA Presented to the PMI-GNO Chapter April 20, 2011 Dinner Meeting. Aerial view of the Gulf of Mexico and the

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Presentation Transcript
slide1

SPR Risk Governance:

Mission Readiness 24/7

Presented by

William C. “Hoot” Gibson, Jr.

Project Manager

Strategic Petroleum Reserve

New Orleans, LA

Presented to the

PMI-GNO Chapter

April 20, 2011 Dinner Meeting

Aerial view of the Gulf of Mexico

and the

Bryan Mound storage site

StrategicPetroleum Reserve

Photo: U.S. Department of Energy

slide2

Following is a Video Clip from the

Modern Marvels Containers Series

slide3

The United States Strategic Petroleum Reserve

Who We Are

and

What We Do

www.spr.doe.gov

Crude oil is stored in 62 huge underground salt caverns along the coastline of the Gulf of Mexico.

The world's

largest supply

of emergency crude oil.

Bayou Choctaw

West Hackberry

Mgmt. Office in New Orleans

Big Hill

Bryan Mound

Stennis, MS is the emergency facility for key NOLA personnel

slide4

Excerpt from the

SPR Mission Statement

“… to reduce the adverse

economic impact of a major petroleum supply interruption …"

slide5

TheSPRMitigatesEconomicRiskstoourCountry‘s

Economic System

Hurricane Katrina (which shut down about 95% ofcrude production in theGulf of Mexico) triggered the second emergency sale; Desert Storm was the first.

Equipment

partially

under water

Picture of storm surge

at the Big Hill SPR

Water Intake Structure

slide6

Washington, DC

New Orleans

Typical above ground SPR infrastructure

How the SPR is Structured

slide7

24/7 Readiness is What We Do Best

Projected Maximum Drawdown Capability

(As of December 31, 2010)

SPR Distribution Assets from Storage Cavern Wellheads to Private Oil Pipeline & Terminal Infrastructures

slide8

Quick Recovery From Hurricanes Impacting the SPR

Post Katrina,

Gustav& Ike

2005 - 2010

A mobile, emergency response vehicle equipped with state-of-the-art communications capability enabling the SPR command structure to continue unabated.

Creative Initiative

Dynamic Response to Natural Disasters

slide9

Driving SPR

EnterpriseRisk Management

2011

Program initiatives and major projects consider risks.

Strategic plans & operational readiness consider risks.

Integrity

of the

Cavern Storage

Infrastructure

Drawdown Readiness

Security Readiness

slide10

Preparing for a Kinetic Future

2012 - 2021

Understand & Manage Geotechnical Uncertainty

Dynamic Risk Assessment

Creative Initiatives

slide11

Opportunity

Governance

Vision

Risk

Governance

Vision

Staying Ready

  • Environment
  • Safety
  • Health
  • Strategy Targets
  • Risk management maturity
  • Improved risk-based decisions
  • Process Targets
  • Risk management is fully integrated in all key processes
  • SPR People Will
  • Continue succeeding through teamwork
  • Continue taking ownership of uncertain outcomes
  • Business Targets
  • Sustainability enhanced by efficient and dynamic risk governance
slide12

SPR Risk Governance:

Mission Readiness 24/7

Thank You

What Questions

Can I Answer?