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Deepwater Drilling Focus Build on Established Risk Assessment Format Currently Utilized by BOEMRE Understand Levels of Blowout Risk Quantify Probability of Blowout Events Quantify Consequence of Blowout Events Goal to reduce overall Blowout Risk Well Design impact on risk
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Deepwater Drilling Focus Build on Established Risk Assessment Format Currently Utilized by BOEMRE Understand Levels of Blowout Risk Quantify Probability of Blowout Events Quantify Consequence of Blowout Events Goal to reduce overall Blowout Risk Well Design impact on risk Well Execution impact on risk Containment Technology impact on risk Deliverables: Comparative Risk Assessment Blowout Risk Assessment Methodology Blowout Risk Model Blowout Risk Assessment Tool Version 1 ~ 6 to 9-months Version 2 ~ +12 to 18-months Blowout Risk Assessment JIP