Management of Hazards and Risk

Through specific blowout contingency plans we attempt to identify potential well control hazards and relate those hazards to the risk of occurance and potential impact on the operator.  The same well control hazard will have different impact on the operator depending on the circumstances, e.g. sensitive environment, human population centers, etc.  The operator can then use this information as a guide for managing expenditures to reduce the risk to a reasonable level.   This may include changing a technical design, a piece of equipment, a process, additional training for personnel, additional contingency plans to reduce the risk of an incident escalating to a crisis.  For more formal HAZOPS and risk assessments we work in conjunction with Scandpower AS to develop a formal risk program as required.