46
Class 1 1 1 1
HSE
WBS
Risk Name
Risk Owner
Andy/ Charlie, Frank Andy, Charlie
Cause Description
BOP failure, wrong well control process, equipment failure, competency. (S&OI), casing Failure, Riser failure leading to loss of containment of existing well and potential damage to drill centers. Rig excursions beyond the design envelope Loss of containment
Event
Consequence Description
Impact Type
MAR - Well Control MAR - Damage to Infrastructure MAR - Marine (Station and Stability) Managing Interfaces bewteen SPU and CDO during and after reorganization HWO Start-up on TH Managing Atlantis / TH SIMOPS Completion execution and performance Kodiak Decision Tubular Bells Upcoming gates Paleogene Freedom Support DDIII rig start-up Ops readiness for Mad Dog Contractor Equipment Reliability Well Intervention SIMOPS Intervention Readiness Start up of Ascension Clarion
Potential release of hydrocarbons. (S&OI)and Health & Safety infrastructure damage. Spill exposure.HSE and licence to operate. Potential release of hydrocarbons. (S&OI)and infrastructure damage. Spill exposure. HSE and licence to operate Potential release of hydrocarbons. (S&OI)and infrastructure damage. Spill exposure. HSE and licence to operate Health & Safety
47
HSE
Loss of containment
48
HSE
Andy, Charlie
Loss of containment
KAL
Organizational Capabilities
Interfaces not managed correctly during initial Distractions, confusion and uncertainty handover to CDO, and handover of projects between SPU and CDO thereafter. This includes new greenfield and brownfield developments, as well as the movement of project personnel bewteen the two groups. New rig start-up efficiency and ops readiness, 3rd party readiness, Workscope and accountabilities not adequately defined, Smart Wells, High activity levels, Team stress. Rig schedule changes. Long lead time. Aggressive schedule. Re-directing focus on big well failures. Staffing and competency HSE, Dropped Objects, CoW Poor Appraisal Well Result Upcoming gates are dependent upon the results of the Kodiak Appraisal Well IFT does not result in IP increase D&C Input to OBO Project Delay to rig startup and availability
Inefficencies and organizationsal unrest. Organizational Business Value capability adversely affected and critical interface issues overlooked or not managed effectively
2 2 2
Performance
Andy,
Schedule impacts and reliability issues, Impact on drilling program and production. Operational milestones or targets missed Schedule impacts, reliability issues, environmental, HSE and reputational issues Failure to produce reserves effeciently with the potential early well failure. Miss revenue targets with the need to request additional capital.
Business Value
Business Value
23
Business Value
38 39
2 2 2 2 2 2 2 2 2 2 2
Project Project
Bill Bill
Business Value
The Select/Define gate could slip further into 2011 Slowdown in Project for D&C, could be extended Define Organization impact period. IFT well test Paleogene is not technically or commercially viable Business Value
41 42 40 6
Bill Bill
Decision to provide D&C tech support for Freedom Significant well delivery delay or significant well integrity Business Value issues Delay to rig startup and availability Schedule impacts and reliability issues, Impact on drilling program and production. Operational milestones or targets missed Schedule impacts and reliability issues, Impact on drilling program and production. Operational milestones or targets missed NPT due to doiwntime and equipment failure Schedule impacts, reliability issues, environmental, HSE and reputational issues Schedule impacts, reliability issues, environmental, HSE and reputational issues Missing production targets Business Value
Charlie
New rig start-up efficiency and ops readiness; 3rd party readiness, New rig start-up efficiency and ops readiness, 3rd party readiness, Supplier overload and lack of QA/QC effect on equipment reliability - TD, PRS, BOP, Workscope and accountabilities not adequately defined, Not having the appropriate org capability and/or equipment
10
Performance
Dave
Business Value
25
Performance
Dave
Business Value
Production Operations
Frank
Business Value
16
Frank
Business Value
Performance
Glenn, Paul
New rig start-up efficiency delays, ops and 3rd party Delay to rig startup and availability readiness,
Schedule impacts and reliability issues, Impact on drilling program and production. Operational milestones or targets missed
Business Value
D-2293
TREX-04160
Risk ID
15
Class 2
WBS
Performance
Risk Name
Risk Owner
Jon, Frank
Cause Description
Poor primary cement job, Stress contrast between sand and shale not understood, Shallow water follow
Event
Frac-pack early screen-out, Early water production Potential loss of containment Poor sand face completion,
Consequence Description
Loss of reserves HSE and reputational additional capital for remediation. Schedule impacts
Impact Type
Business Value
Zone isolation and well integrity NDS Rightscoping Rig schedule Changes and project uncertainty Rig readiness for Mad Dog and availability of personnel. Kaskida Equipment delivery
17
2 2 2
Performance
Jon, Frank
Loss of production
Business Value
18 7
Performance Performance
Well complexity, Debris Management Unplanned events, allocation decisions and program delays and distractions caused by reorganization in 2010 New rig start-up inefficiency and BP ops and 3rd readiness Excessive rig standby time, inefficent use of resources for planning and execution for D&C activities Inefficient startup of rigs and planned wells Negative impact on D&C performance and delivery, rushed programs, loss of momentum and risk of SIMOPs issues Schedule impacts and reliability issues, Impact on drilling program and production
Performance
Paul
Business Value
12
Performance
RICHARD W HARLAND
Supplier overload and lack of QA/QC. Delays possible with raw material, manufacturing or acceptance testing
Business Value
D-2293
TREX-04160
D-2293
TREX-04160
D-2293
TREX-04160