Wellbarrier, the industry leader for well barrier software solutions, now offers a risk assessment module to help the oil and gas industry create an objective, lean risk assessment method.
The module, which is based on a standard 5x5 risk tolerance matrix, uses a cutting edge method that focuses on containment to mitigate the risk of harm and injury to people, the environment and assets.
Engineers can put aside the subjective factors of risk assessment by using the well barrier elements as the basis for evaluation.
