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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
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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
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
© 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]