Companies can assess the risk of oil spills on their land-based facilities through comprehensive risk assessments. This involves identifying potential sources of oil spills, evaluating the likelihood of spills, and assessing the consequences to the environment and surrounding communities.
Factors such as the type and volume of stored oil, the condition of equipment and infrastructure, proximity to water bodies or sensitive areas, and historical spill data are considered. Geographic Information Systems (GIS) and mapping tools can aid in visualizing potential spill pathways and vulnerable areas. Additionally, companies should analyze their spill prevention and response capabilities, including containment systems and emergency plans.