Kosmos Energy CRR 2013 1 | Page 20

17 PREPARING TO DRILL In addition to our active leadership and participation in industry initiatives, we have also deployed an in-house Well Integrity Management System (WIMS). This is a process that ensures the safe condition of a well at all stages in its life cycle. Well Integrity is the application of technical, operational and organizational solutions to reduce risk of uncontrolled release of well bore fluids throughout the life cycle of a well, to avoid harm to people, environment and assets and ensure the required barriers and assurance tasks are in place to prevent potential incidents or failures. Kosmos Energy’s continuing success depends on the ability to manage and explore its reservoirs in the most efficient manner to sustain production targets, while maintaining a high level of safety performance. Ensuring the integrity of wells is essential to achieve these requirements. The WIMS dictates the design and execution of drilling, completions and testing of wells in a safe and efficient manner that is consistent with strong well governance procedures and internationally recommended best practices, such as our thorough Three Tier Review Process of the well design program. Just as important is our emergency response preparedness and ability to minimize environmental impacts in the unlikely event of an incident. Kosmos maintains an MOROCCO PREVENTION OF AND RESPONSE TO MAJOR OFFSHORE WELL INCIDENTS Kosmos has been improving our processes, procedures, equipment capabilities, and personnel training. PREVENTION INTERVENTION •   GP & Wells Expert O Committee •   apping stack C equipment •   ell Integrity W Engineer •   ubsea dispersant S systems •   ew Standards: N WIMS and Management of Change Procedures •   ebris removal D equipment •  Levels of Review •   olicy & Process P for Well Design & Construction OIL SPILL RESPONSE •   oint industry J project to improve coordination between key stakeholders and oil spill response organizations •   stablished E principles on dispersant use, promote research, modeling