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Drilling It Safely

2014 IADC ISP report shows global LTI rate fell by 11.5%, recordables rate down by 7.4%


The global drilling industry saw declines in both its lost-time incidence (LTI) rate and recordable incidence rate last year, according to the 2014 IADC Incident Statistics Program (ISP) annual report. The global LTI rate declined by 11.5% compared with 2013, going from 0.26 to 0.23. The 2014 rate for recordable incidents fell by 7.4% from 0.81 to 0.75. A total of 21 fatalities were reported for 2014, one fewer than the previous year.

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IADC, trade groups submit comments on BSEE’s proposed BOP and Well Control Rule

Offshore default

IADC, along with six other oil and gas industry trade associations, submitted a joint letter today to the US Bureau of Safety and Environmental Enforcement (BSEE) with comments on the agency’s Proposed BOP and Well Control rule. IADC supplemented this letter with a separate letter, which addresses the concerns of drilling contractors.

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