The Risk Management Tool Box Blog

2016 SPE Asia Pacific Oil and Gas Conference and Exhibition

Graham Marshall - Tuesday, September 20, 2016

The 2016 SPE Asia Pacific Oil and Gas Conference and Exhibition will this year be held on Tuesday 25th - Thursday 27 October 2016 at the Crown Hotel in Perth, Australia.

The conference theme is "Catching the Next Wave – Delivering Affordable Energy" which should be highly topical given the lower-for-longer problems we're currently facing.

For further information about the SPE Conference, click here.

2013 Unconventional Resources and Exhibition

Graham Marshall - Monday, October 28, 2013

SPE is hosting a international conference for industry players to discover and learn about the latest technological advancements in unconventional oil and gas.

The 2013 SPE Unconventional Resources Conference and Exhibition will be held at Brisbane Convention & Exhibition Centre, Queensland Australia from 11-13 November 2013.

Over 100 papers are expected to be presented in more than 20 technical sessions and e-poster presentations covering:

• Advancements in Petrophysics;

• Delivery of mega-projects;

• Exploration areas and evaluating stimulation effectiveness; and

• New standards for reserves work in practice and on sharing unconventional resources industry experience.

For further information and bookings, telephone 61 7 3308 3000.

Annual Report for the Risk Management Tool Box

Graham Marshall - Saturday, December 29, 2012

The shareholders of the Risk Management Tool Box Pty Ltd are pleased to publish the Business' Performance Results for 2012.

We know that open and honest talking with our stake-holders is important to building trust and earning respect.

We therefore openly provide information about our business, including reporting our performance against our annual targets.

2012 was another excellent year for our business.

Although there has been a gloomy global economic climate, our continued focus on the core business needs of our cornerstone customers ensured we've weathered the storm. 

In 2012 we benefited from our business' continued presence in the economic powerhouse of Western Australia, and our recognition of the future role of "unconventionals".

Our strategic focus on the needs of our key customers in "unconventionals" in the three "boom" areas of WA, coal-seam gas around Roma in the Surat Basin in Queensland, and in the "black-gold" boom in the Bakken in North Dakota, USA has kept us 100% busy throughout 2012.

Key accomplishments for the Risk Tool Box in 2012 include:

•  Co-winning with Hess Corporation, the Society of Petroleum Engineers' (SPE) and APPEAs Global Safety Innovation Award for 2012;

•  Broadening our knowledge and understanding about risk management requirements in unconventional oil and gas - particularly around "completion operations" and "frac";

•  Exceeding cash-flow and profitability targets;

•  Continuing to run a debt-free and cash-flow positive business for another straight year;

•  Meeting our tax obligations to the ATO;

•  Developing and commercialising our Hazard Observation Program with field-based trials with Eni (Australia);

•  Continuing our program of charitable donations throughout 2012;

•  Not recording any lost-time injuries;

•  Continuing to publish our Risk Tool Box safety blog as a free industry resource on a daily basis; and

•  Having a lot of fun along the way!

Unfortunately, we did not meet all of our targets. Performance was not as good as we had hoped in the following areas:

•  Our 49% shareholding in Eveleigh Consulting Pty Ltd (formerly trading as An Mea WA) has once again proved a great disapointment - with $0 delivered against our investment by Steve Williams and Sean O'Donnell, the management team of that business; and

•  We have not been successful in recruiting the people we need to grow the training-arm of our business;

But, despite those minor setbacks, we will continue to focus on our strong relationships with existing clients in Santos, Hess, Shell Development Australia and Fremantle Ports.

We will also continue to leverage the strengths of our staff in delivering high quality work from our offices in Perth to:

•  Consolidate and grow relationships with existing clients; and

•  Diversify our client base in our target industry sectors of oil and gas, particularly those involved in "unconventional" hydrocarbons.

Growth will be delivered by maintaining our office in Perth, and enhancing our training program with new customers.

Our strategy for 2012 has delivered value to our shareholders. It’s great to continue to return strong profitability and to reward the hard work of our staff by once again paying profit-based bonuses in 2012.

We are very confident that our continued presence in Perth, Roma (QLD), and in the Bakken, and our current focus on "unconventional" hydrocarbons means we're on the leading edge of the breaking wave in energy supply.

We are excited about our future and our growth plans are realistic and sustainable.

SPE Applied Technology Workshop

Graham Marshall - Friday, December 07, 2012

SPE is holding an Applied Technology Workshop (ATW) to address the control of Major Accident Hazards.

The SPE workshop may particularly appeal to people based in SE Asia or Australia because the workshop is being held in Bandar Seri Begawan, Brunei Darussalam.
The SPE ATW is scheduled for 17-20 February 2013.

The workshop will explore techniques used to keep in line with regulatory trends and provide attendees with access to expert speakers who will lead discussion on methods and practices in this important area. Some of the topics to be covered are:

+   Learning from incidents;
+   License to operate;
+   Delivering a safe design;
+   Sustainable design and operations;
+   Maintenance and life extensions of ageing facilities; and
+   Decommissioning.

For detailed information on workshop agenda/session topics and online registration, please visit the SPE Web Site.

ExxonMobil Chairman Presents Risk Tool Box with HSE Award

Graham Marshall - Tuesday, October 09, 2012

John Dashwood, the Chairman of ExxonMobil Australia, in his capacity as Chair of the APPEA Health, Safety and Operations Committee has presented Emma Raine of the Risk Tool Box and Steve Frederickson of Hess with the 2012 SPE/APPEA International HSE Innovation Award at the SPE/APPEA Innovation Awards Dinner, attended by about 1,300 SPE and APPEA delegates.

The awards were were presented to Emma and Steve at the 2012 SPE/APPEA International Conference on Health, Safety and Environment in Perth, Western Australia.  This is a fantastic award for our small WA business and we're immensely proud of the achievement.


 Steve Frederickson and Emma Raine (center) Receiving the SPE/APPEA HSE Innovation Award from John Dashwood - Chairman of ExxonMobil Australia.


Safety Awards Press Release

Graham Marshall - Sunday, September 23, 2012

Enclosed here, you will find a press release containing information about the Society of Petroleum Engineers 2012 HSE Innovation Award which was awarded to the Risk Management Toolbox and Hess Corporation at the SPE International HSE COnference held in Perth, Western Australia on Tuesday 11th September.


SPE Safety Innovation Award

Graham Marshall - Friday, September 21, 2012

We are pleased to announce that the Society of Petroleum Engineer's has presented the Risk Tool Box and Hess Corporation with its annual Safety Innovation Award.

The SPE Safety Award was presented at the SPE Global HSE Conference which was held in Perth last week.

The award acknowledged our work with Hess Corporation in designing a new way for controlling the kinetic and electrical energy in oil field Pumping Units which has killed and injured many oil-field operators over the years.

The Award was accepted on behalf of the Risk Tool Box by Emma Raine and on behalf of Hess Corporation by Steve Frederickson.



Energy Isolation and Lock-out, Tag-out for Pumping Units

Graham Marshall - Wednesday, September 12, 2012

Yesterday evening at the SPE/APPEA Innovation Awards Dinner, held as part of the 2012 SPE/APPEA International Conference on Health, Safety and Environment in Perth, the SPE/APPEA organizing committee presented the 2012 Safety Innovation Award to Hess Corporation and the Risk Management Tool Box.

The Risk Tool Box and Hess Corp were selected by APPEA/SPE to receive the Safety Innovation Award from nearly 50 applicants and then from six short-listed finalists including Woodside Energy, Chevron and Schlumberger.

Our innovative application, in which we developed and applied a new method of energy isolation and then lock-out, tag-out (LOTO) to oil well pumping units was chosen by SPE as being worthy of the Safety Innovation Award, and for that honour, we are truly very grateful to all concerned.

In making the application, Hess and the Risk Management Tool Box notified APPEA and SPE that we would make details of the energy isolation and LOTO safety device freely available to other business's in the E&P sector.


Listed below you will find the following Procedures and Procedure Audit Checklists which can be used to control the energy found in oil well pumping units, and can then lock-out, and tag-out the energy so it cannot be accidentally re-energized:

1.  A Procedure for installing the Pumping Unit safety device.  Click here;

2.  A Procedure for applying the PU safety device, once installed.  Click here;

3.  A Procedure Audit Checklist for the installation process.  Click here;

4.  A Procedure Audit Checklist for the application of the the PU safety device.  Click here; and

5.  Schematic diagrams for the energy control and lock-out, tag-out (LOTO) device.  Click here and here.

In order to promote safety across the oil patch, the documents listed above are provided with approval of, and courtesy of Hess Corporation.


SPE HSE Innovation Awards

Graham Marshall - Saturday, September 01, 2012

We 're so pleased to be a selected Finalist for the 2012 SPE and APPEA HSE Innovation Awards, to be presented at the formal dinner at the SPE International HSE Conference in Perth on the 11th September that we've decided to make September a "buy-one" and "get-one-free" month for our award winning JSAs.

So for any JSA you purchase throughout September, we'll send you another one completely for free.  Fantastic!

Our accepted co-entry - alongside Hess Corporation - was for an innovative engineered solution to energy isolation and Lock-out, tack-out (LOTO) on oil-field pump-jacks.


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