What is the difference between a hazard and risk? http://www.drillingformulas.com/what-is-the-difference-between-a-ha...

About This Blog Contact Us Privacy Policy

« Review Offshore Book 2014 – an overview of the

offshore oil & gas industry

You may have heard about hazard and risk all the time while you are working either in the office or in the
field.

Do you really know what the differences between these two terms are?

1 of 7 07/10/2015 04:40 p.m.

What is the difference between a hazard and risk? http://www.drillingformulas.com/what-is-the-difference-between-a-ha...

Is it easy question? A lot of the time hazard and risk are freely used as a same thing however it is
apparently not. In oil and gas industry, these two terms are very vital to know and understand.

There are some confusion between hazard and risk.

Hazard can be identified as anything that has potential to cause harm to people, environment, or
properties.

Risk is a potential (likelihood and severity ) that hazard will cause harm or damage to people,
environment, or properties.

For example, you plan to climb up the ladder so the ladder is a hazard. Climbing up the ladder and falling
off is the risk for this task.

2 of 7 07/10/2015 04:40 p.m.

What is the difference between a hazard and risk? http://www.drillingformulas.com/what-is-the-difference-between-a-ha...

Climbing up

Additional example, if you travel by the helicopter to the rig. The helicopter is the hazard and flying the
plan in a thunder storm and cashing is a risk. Last example, you use the hammer to do the job. The
hammer is a hazard but using it and injure yourself is the risk.

Now you get an idea about hazard and risk.

Then the question is how to assess it. We will demonstrate you a simple way to illustrate how to assess
it.First, we assess how likelihood someone will expose to it. The likelihood depends on probability and
frequency of exposure to a hazard. We also assess the likely outcome, the severity or range of potential
consequences resulting from the hazard.

3 of 7 07/10/2015 04:40 p.m.

What is the difference between a hazard and risk? http://www.drillingformulas.com/what-is-the-difference-between-a-ha...

Snake in a box

For example, if we have a snake contained in a closed box, rating the hazard of the snake against the
possibility and severity scale will show that the harm to a human life is small. However, if the snake is
outside of the box, the possibility and severity change so for this case the snake will be likely danger
human life.

Note: we will go through the detailed risk assessment processes later.

1 0 1
Share Tweet

Related Topics from Drillingformulas.Com

Pipe Blown Up While Pumping
Shallow Gas Hazard in Well Control – Sedco 700 Shallow Gas Incident
Only 21 Seconds Can Change Your Life – Fingerboard Incident

About DrillingFormulas.Com
Working in the oil field and loving to share knowledge.
View all posts by DrillingFormulas.Com →

Tagged hazard, Health Environment & Safety, risk. Bookmark the permalink.

« Review Offshore Book 2014 – an overview of the

4 of 7 07/10/2015 04:40 p.m.

What is the difference between a hazard and risk? http://www.drillingformulas.com/what-is-the-difference-between-a-ha...

offshore oil & gas industry

Leave a Reply
Your email address will not be published. Required fields are marked *

Name *

Email *

Website

Comment

Categories

Get Drilling Formulas Sheet For Free

5 of 7 07/10/2015 04:40 p.m.

What is the difference between a hazard and risk? http://www.drillingformulas.com/what-is-the-difference-between-a-ha...

Subscribe to Get Free Calculation Sheet

Click Here

Search on Drillingformulas.com

Custom Search

Oil Field Resume

Recent Comments

Khalil on Lubricate and Bleed Example Calculations

rama on Review Fracking Primer EBook by API
jilani on Excellent Rig Component Illustration
DrillingFormulas.Com on Depth of Washout

DrillingFormulas.Com on Mud Up Calendar Rotational Planner Sheet for Oilfield Personnel

6 of 7 07/10/2015 04:40 p.m.

What is the difference between a hazard and risk? http://www.drillingformulas.com/what-is-the-difference-between-a-ha...

Drillingformulas.com on Facebook

ox can't establish a connection to the s

ww.facebook.com.

e site could be temporarily unavailable

o busy. Try again in a few moments.
you are unable to load any pages, chec
ur computer's network connection.
your computer or network is protected
ewall or proxy, make sure that Firefox is

Follow Me on Twitter Click Here

Drilling Formulas and Drilling Calculations | Powered by Mantra & WordPress.

7 of 7 07/10/2015 04:40 p.m.