Dive into the critical world of asset integrity in the oil and gas industry. This episode explores the complex issue of maintenance inspection deferrals, decisions to postpone scheduled inspections often driven by economic pressures, resource limitations, or the demands of operational continuity. We unpack the significant risks associated with improper deferrals, including potential catastrophic failures, environmental damage, and major financial and reputational losses....Discover the balanced approach advocated in John Munno's position paper, emphasizing that deferrals should be exception-based decisions governed by standardized protocols, not routine practice.... We delve into robust risk assessment frameworks, documentation and approval processes, and alternative inspection technologies essential for strategic deferral management....Hear about real-world examples, including how deferred maintenance contributed to major incidents like Deepwater Horizon and the Prudhoe Bay spill.... Finally, we cover key recommendations for operators, regulators, and industry bodies... and touch upon comprehensive tools like risk-based decision matrices and sample deferral request forms discussed in the appendices.... Tune in to understand how the industry can navigate operational realities while upholding safety and asset integrity.