Distribution & Storage

Improve planning and safety with cost-effective risk analysis.

At Dynamic Risk, we recognize that natural gas distribution and storage companies need to adhere to strict safety standards while forward planning to prevent any negative disruption in service. Whether your organization needs to comply with new regulations, or wants to leverage our risk assessment techniques to optimize your safety and planning, Dynamic Risk is your partner for Integrity Management.

We provide technical services such as integrity management program optimization and quantitative risk-based asset replacement programs; and have developed best practices and procedures – many of which have been reviewed and approved by regulators such as the Texas Railroad Commission, the Technical Standards & Safety Authority (Ontario). We can also implement our proven IRAS suite of asset and integrity management tools that not only assist with the risk analysis of your asset base but also allow you to demonstrate to your regulators, that you systematically and methodically reviewed your entire asset base for potential hazards. This improves forward planning by allowing your team to develop effective and timely integrity management programs, such as maintenance schedules, leak detection response criteria, and customer-driven consequence models. 

Our in-house engineering, risk assessment, and data management experts will work closely with your asset integrity management team to identify all your assets and seamlessly integrate all the associated data into our single IRAS database. You can fully leverage your existing IT infrastructure, and benefit from the risk analysis capabilities of our risk management software. During the partnership process, we will develop risk algorithms from qualitative and quantitative risk methodologies that specifically reflect the needs of natural gas distributors and storage companies. This approach removes the possibility for bias and error, and ensures that no potential hazard or threat to your asset base is left unchecked. It is also this single source that provides consistent information for all your teams, improving both collaboration and decision making across your organization. And once IRAS is implemented, we provide long-term support to your users. 

Regardless of your integrity management objective, Dynamic Risk’s solution is independent and unbiased. Our primary goal is to help you maintain high safety levels while implementing long-term improvement plans. Whether you need our technical services, or a full IRAS installation, we provide cost effective integrity management that will keep your customers satisfied.

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