1. OIPA Well Control Insurance Program

2. Cudd Well Control Based in Houston, TX. –firefighting –blowouts –well control –well control engineering contingency planning rig inspections well plan reviews kick modeling relief well drilling risk assessment

3. Blowout Statistics Data on blowouts is "spotty" 1 in every 400 wells drilled has a serious well control event Blowout frequency has not changed through time Shallow wells and deep wells

4. Blowout Cost Well control experts are traditionally 10- 15% of total blowout cost Numerous services needed for blowout intervention

5. Blowout Cost Direct Intervention Services –bulldozers –excavators –cranes –forklifts –fluid storage –vacuum trucks –high pressure pumping –kill fluids –wellhead equipment –rental tools –catering –security personnel –relief well –pollution clean up

6. Blowout Cost Indirect Costs –local evacuation –loss of product –administration costs –royalties –litigation –blowout recovery –well re-drill

7. Engineering Services Proactive pre-event –contingency planning –rig inspections –customized training –drilling plan review Reactive –well kill operations –consulting engineering

8. Well Control Engineering Emergency Preparedness contingency planning rig inspections well plan reviews kick modeling relief well planning risk assessment