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Expedition Water Solutions...Expedition Water Solutions. TrustWell. TM. Rating Certificate. 75. 100....

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Expedition Water Solutions TrustWell TM Rating Certificate 150 75 100 125 Platinum Gold Silver Rated A TrustWell™ Platinum Rating represents best-in-class risk management and impact mitigation practices, and targets the top ~10% of companies. Companies and facilities which receive this rating have demonstrated mastery over risk control and implementation, and have reliable, thoughtful and well managed barriers for the vast majority of potential events. A TrustWell™ Rating is the most robust mark of quality and achievement in oil & gas operations, risk mitigation and environmental responsibility, utilizing our company’s core values of: Independence: Independent company. Leading experts in engineering, responsibility, and stakeholder engagement. Intelligence: Robust, engineering and performance driven approach. Developed through iteration with numerous industry clients. Integrity: Diverse engagement from numerous credible stakeholders. The schematic below provides a high level overview of the rating process and IES’ analytics platform and capabilities. Inherent Profile Control Measures Events Water Air Land Comm. Performance & Inherent risk and impact profile of the facilities. Strength of a company’s specific practices. Performance driven scoring, across range of factors. What Is A TrustWell™ Rating? Well Name: Rating: Overall Score: Duration: Expedition Water Solutions Company Rating Platinum 131 / 150 11/2018 – 11/2019 TrustWell TM Rating IES TrustWell™ Date: 11/19/18 ID: TW-4-00099 FINAL
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Page 1: Expedition Water Solutions...Expedition Water Solutions. TrustWell. TM. Rating Certificate. 75. 100. 125. 150. Rated. Silver. Gold. Platinum. A TrustWell™ Platinum Rating represents

Expedition Water Solutions

TrustWellTM Rating Certificate

15075 100 125

PlatinumGoldSilverRated

A TrustWell™ Platinum Rating represents best-in-class risk management and impact mitigation practices, and targets the top ~10% of companies. Companies and facilities which receive this rating have demonstrated mastery over risk control and implementation, and have reliable, thoughtful and well managed barriers for the vast majority of potential events.

A TrustWell™ Rating is the most robust mark of quality and achievement in oil & gas operations, risk mitigation and environmental responsibility, utilizing our company’s core values of:

Independence: Independent company. Leading experts in engineering, responsibility, and stakeholder engagement.

Intelligence: Robust, engineering and performance driven approach. Developed through iteration with numerous industry clients.

Integrity: Diverse engagement from numerous credible stakeholders.

The schematic below provides a high level overview of the rating process and IES’ analytics platform and capabilities.

Inherent Profile Control Measures

Events

Water

Air

Land

Comm.

Performance

&Inherent risk and impact profile of the facilities.

Strength of a company’s specific practices.

Performance driven scoring, across range of factors.W

hat I

s A

Trus

tWel

l™ R

atin

g?

Well Name:

Rating: Overall Score:Duration:

Expedition Water SolutionsCompany Rating

Platinum131 / 15011/2018 – 11/2019

TrustWellTM Rating

IESTrustWell™

Date: 11/19/18ID: TW-4-00099

FIN

AL

Page 2: Expedition Water Solutions...Expedition Water Solutions. TrustWell. TM. Rating Certificate. 75. 100. 125. 150. Rated. Silver. Gold. Platinum. A TrustWell™ Platinum Rating represents

What goes into my rating?

What does my rating mean?

Our data driven process condenses the immense complexity involved in oil and gas operations

- from the diverse local exposure characteristics to the multitude of potential control

permutations - into simple, pragmatic and actionable outputs.

150+ Local Factors

and distributions

1000’s of interdependencies Probabilistic simulations Exhaustive impact mappingHigh power analytics

IES awards ratings to recognize operators and their efforts. In the spirit of continuous

improvement, ALL operators who are working with us to learn and improve will receive a rated

distinction which already sets them apart from the pack. Platinum, gold, and silver ratings

recognize the best of the best.

Top 10% of peers with a

demonstrated mastery over risk

control and implementation.

First quartile performance with

highly effective risk management

practices.

Demonstrated dedication to

continuous improvement

Second quartile performance going

above and beyond basic

requirements.

IES

Tru

stW

ell

™ R

ati

ng

Independent Energy Standards (IES) is dedicated to responsibility, sustainability and leading

practices in the Oil and Gas Industry. Our TrustWell Rating - developed in coordination with key

oil and gas operators along with regulators and environmental organizations - is based on a

robust risk assessment and is designed to highlight and recognize operators who are going

above and beyond, valuing their efforts and continuing to drive improvement in the industry.

Expedition Water SolutionsIssued: November 2017

Expires: November 2018

Company Rating: IES Platinum

Overall Score: 131 / 150

Page 3: Expedition Water Solutions...Expedition Water Solutions. TrustWell. TM. Rating Certificate. 75. 100. 125. 150. Rated. Silver. Gold. Platinum. A TrustWell™ Platinum Rating represents

© 2015 Independent Energy Standards Corp. // CONFIDENTIAL

Rating: Platinum

Overall Score: 134 / 150

What A TrustWell™ Rating MeansA TrustWell™ Rating is the most robust mark of quality and achievement in

oil & gas operations, risk mitigation and environmental responsibility. The

schematic below provides a high level overview of the rating process and

IES’ analytics platform and capabilities.

Event Profile Control Efforts

Barrier/control systems are assessed in 4 general

qualities across 6 components to measure effectiveness

at mitigating and preventing the events’ potential impact.

Performance Score

Specific events which have the potential to cause

adverse impact are weighted via relative impact

magnitude, and modified for local exposure and

potential.

Performance Score combines the Event Profile with

Control Efforts to determine overall performance for an

event and maps this to key impact categories.

Design Install Verify Monitor Repair

Passive vs.

Active

Measure vs.

Indicator

Engineered vs.

Best Guess

People Process Plant

Data

Assurance:

Proced-

ural

Strength:

Completeness:

Existence: Barrier / controls systems identified and implemented?

Events

Water

Air

Land

Community

1

2

3

4

Barrier / controls system complete?

101100

001110

101100

240 Exposure Factors

Incorporated

~3,000 Items Evaluated 10 Levels of Data Quality

Considered

12 Million Monte Carlo

Simulations Conducted

~12,000 Interdependencies

Modelled

30+ Impact Vectors Mapped and

Quantified

Expedition Water SolutionsIES Score ID#: SWD-001-000013

Issued: January 2017

Expires: January 201815075 100 125

TrustWellTM Rating

PlatinumGoldSilverRated

An IES Platinum Rating represents best-in-class

risk management and mitigation practices, and

targets the top ~10% of companies. Companies

and facilities which receive this rating have

demonstrated clear and thoughtful risk control

efforts, and have reliable, thoughtful and well

managed barriers for the vast majority of potential

events.

Expedition Water Solutions earned TrustWell™

Platinum as a company, and for each of their 3

facilities located in the Denver – Julesburg basin.

Inquiries: [email protected]


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