WellDynamics Intelligent Completions.pdf

Intelligent Completions Why doesn’t every well have one? Joe Lacy 333333Presents limited harm to the environment and requires minor corrective actions (CPI).$10,000 No Injury or IllnessNegligible4 333322 Presents limited harm to the environment and requires general expertise and resources for correction $10,000 to $200,000 Minor Injury or IllnessMarginal3 333211 Potentially harms or adversely affects trained employees and the environment. Requires specialised expertise or resources for correction. $200,000 to $1,000,00 0 Severe Injury or illnessCritical2 332111 Potentially harms or adversely affects the general public and has the potential for widespread public concern of Halliburton operations. Can have serious economic liability on the operation. $1,000,0 00 Fatal or permanent disabling injury or illness Catastrophi c1 F Impossib le E Extremel y Improba ble D Remote C Occasiona l B Reasonabl y Probable A Frequent Environmental (Any incident that…) Equipment Loss(s) Personal Illness/ Injury Descriptiv e Word Hazard Severity Categor y Probability RatingPotential Consequences CODE ACTION REQUIRED 1 HIGH RISK: Imperative to suppress risk to lower level. 2 MEDIUM RISK: Operation may require waiver endorsed by management. 3 Operation Permissible Note: RISK PRIORITY CODE OF LESS THAN 3 IS NOT ACCEPTABLE FOR HAZARDS THAT TARGET PERSONNEL. LEVEL DESCRIPTION A FREQUENT: Likely to occur repeatedly during activity/operation. B REASONABLY PROBABLE: Likely to occur several times. C OCCASIONAL: Likely to occur sometime. D REMOTE: Not likely, but possible. E EXTREMELY IMPROBABLE: Probability of occurrence cannot be distinguished from zero. RISK PRIORITY CODE (RPC) PROBABILITY RATING Risk 1997 1997 Technology Make a call Total Apps Approved: 140,000 plus make a call 2010 Technology ? 2010 Halliburton. All Rights Reserved. For internal use only 5 1997 Global Installations by WellDynamics 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008