Bud's Offshore Energy (BOE)

BOE is reviewing BSEE compliance data and available incident reports for 2022. The Honor Roll companies will be announced later this month. Our preliminary finding is that 9 of the more than 120 operating companies met the high standard that we have established for this recognition. Our criteria:

• Must average <0.3 incidents of noncompliance (INCs) per facility-inspection. Note that each facility-inspection may include multiple types of inspections (e.g. production, pipeline, pollution, Coast Guard, site security, etc). On average, each facility-inspection included 3.25 types of inspections in 2022. (Here is a list of the types of inspections that may be performed.)
• Must operate at least 3 production platforms and have drilled at least one well (i.e. you need operational activity to demonstrate compliance and safety achievement).
• May not have a disqualifying event (e.g. fatal or life-threatening incident, significant fire, major oil spill). Due to the extreme lag in updates to BSEE’s incident tables, investigation and news reports are used to make this determination.
• Pacific and Alaska operations are considered separately.