Concurrent 12. Oral Presentation for: Evolution of process safety performance measurement, reporting and management

Abstract

Presented on Wednesday 17 May: Session 12

Beach Energy Limited (referred as Beach Energy or Beach) is an ASX-listed exploration and production company headquartered in Adelaide, South Australia. Founded in 1961, Beach produces oil and gas from five onshore and offshore basins across Australia and New Zealand. During its most recent growth phase, Beach added a number of assets to its portfolio that were originally developed and operated by companies with different management systems, standards and reporting requirements. Over the past 5 years Beach has been – and continues to be – on a journey of learning, developing and refining its systems and standards for reporting process safety performance and integrating these within a ‘one Beach’ philosophy. This paper describes the current stage of this evolution in measuring, reporting and managing process safety performance at Beach, presents some of the key learnings to date, in addition to outlining the next steps Beach is taking on this journey. The paper covers the following: (1) experience with IOGP RP 456 Tier KPI model and current main KPIs in use; (2) application to projects, drilling campaigns and operating assets; (3) challenges in gathering data and event classification; (4) importance of getting safety critical equipment selection right; (5) communicating large and complex KPIs to a varied audience; (6) learning and improving process safety performance and systems based on KPIs; (7) new approaches to reporting health of process safety barriers aligned to IOGP RP544 categories using simplified bowtie Major Accident Event dashboards; and (8) integration of process safety management within the Beach Operations Excellence Management System. The key conclusions are that measuring process safety performance requires dedicated effort and consensus across all stakeholders on the most appropriate way to measure performance. Reporting needs a positive and collaborative culture to have the right impact. Managing performance must be based on objective evidence and careful analysis of the data. Achieving effective and efficient process safety measurement, reporting and management is a multi-year journey of continual improvement.

To access the Oral Presentation click the link on the right. To read the full paper click here