1.

LIST OF RISK SCENARIOS FOR GEOLOGICAL RISKS

• Insufficient quality and scope of research

• Lack of expected results in exploration work
• Errors as a result of misinterpretation of (geological-geophysical) data obtained during
the research
• Errors in justification of calculation parameters in the assessment of reserves
• Errors related to the justification of oil-gas-condensate extraction coefficients during
estimation of recoverable reserves
• Inaccurate determination of geological and field characteristics of the development
object
• Errors in the process of forecasting performance indicators in projects
• Incorrect location of the drilling site

2. LIST OF RISK SCENARIOS FOR DRILLING RISKS

• Impossibility to reach project depth (drilling of the side borehole)

• Technological accidents due to abnormally high pressure in the formation (gas, oil, and
water kicks, violation of well pipe stability)
• Technological accidents due to abnormally low pressure in the layer (partial,
catastrophic absorption of the mud, breaking the circulation)
• Improper selection of project depth, well construction, drill pipes, and elements or
dimensions of the lower part of the drill pipe.
• Improper selection of drilling technology, drilling fluids, and chemical reagents
• Drill pipe blockage due to pressure drop
• Inability of drilling mud to prevent kicks in high formation pressure horizons.
• Drilling pipe and bit stuck in the well, pipe broken, cone stuck in the well
• Inadequate management of works in accordance with technological regulations
• Incorrect measurement of azimuth and zenith angles, loss of control over the well
trajectory
• Failure to lower the casing to the required depth
• Risks associated with well grouting
• Risks associated with the well not being equipped with wellheads

3. LIST OF RISK SCENARIOS FOR PRODUCTION RISKS

• Errors in technological reports

• Incomplete hydrodynamic studies
• Lack of information on the properties and composition of reservoir rocks, liquids, and
gases.
• Errors in hydrodynamic calculations of gas-liquid systems
• Incorrect determination of gas-liquid flow regime in wells
• Disruption of wellheads and well equipment inside wells
• Failure to select the optimal technological mode
• Incorrect selection of equipment in accordance with the technological mode
• Poor quality of applied equipment
• Untimely detection of well operation failures.
• Lack of periodic preventive maintenance of wells
• Renovation of emergency complicated wells (reimbursement of well rehabilitation
costs)
• Impact of aggressive environment on well and wellhead equipment
• Non-compliance with the established technological regime during well operations
• Risks arising from the development and testing of new structures (defects in the
manufacture of parts and components)
• During the tests, the equipment was not selected in accordance with the main
parameters of the wells (flow rate, amount of mechanical impurities, gas, formation
pressure, etc.).
• Measurement errors or non-compliance with modern requirements due to lack of
control measuring instruments.
• Lack of regular monitoring of well operation

4. LIST OF RISK SCENARIOS FOR TRANSPORT RISKS

• Damage to machinery and equipment during transportation
• Lack of machinery when installing the support block
• Defects during transportation of the product to the designated place
• Lack of optimal choice of machinery and transport in construction
• Non-optimal selection of sea transport for transportation of equipment
• Corrosion (internal and external);
• Defects of materials and mechanical defects;
• Hazardous natural factors, such as currents and waves, storms, earthquakes;
• Other uncertain factors (sabotage, illegal interference, etc.);
• External influences (fishing, ships, etc.)

5. LIST OF RISK SCENARIOS FOR PROCESSING RISKS

• Risks associated with the modernization of production and the introduction of

innovations
• Risks associated with the design of technological schemes
• Non-compliance of the project with the parameters of the technological process
• Incorrect reporting on the selection of process equipment
• Non-compliance with technological regulations in the operation of the device
• Incorrect selection of equipment according to working pressure
• Inaccuracy of quantitative and qualitative indicators of initial data for calculation of
technological parameters of the process.
• Deviations in the lines where the structural units work together.