Case Study Using the Decision Analysis Process to Select a Remediation Strategy for an Upstream Oil and Gas Facility M.K. BURKHOLDER, Decision Frameworks Inc.

Selecting the best remediation option can be a complicated task, given the relatively wide range of choices, combined with uncertainty regarding likely efficacy and cost. In this paper we provide an illustration of a probabilistic approach to assessing remediation options. The process is based on identifying desired clean-up goals, influential factors that could affect a remediation strategy, and probability ranges for each factor. In using a decision analysis process, the range of likely outcomes is estimated and illustrated. Decision makers obtain a clearer image of this range, and how variations in input parameters control those outcomes