This year has been another year of evolution of comparative measurements and benchmarking in the oil and gas industry with the purpose of identifying gaps and improving all performance standards.

Two statistical reports were issued this year: the traditional annual Report on Safety Benchmarking and the annual Report on Environmental Performance Benchmarking. The first includes indicators of accidents, while the second focuses on spills, water management, waste management and greenhouse gases.

The last Report on Safety Benchmarking covered 22 of the largest companies in the region, about 831,000 employees and over 1,9 billion hours worked. The results of the study showed improvements in indicators of frequency of incidents, frequency of incidents with days lost and severity. The average recorded in 2015 per million hours worked was 1.5 incidents, 0.8 with days lost, 61 days lost and 0.02 fatalities. From another perspective, there was 1 incident every 670 thousand hours worked, 1 incident with days lost every 1.2 million hours worked, 1 day lost per 16,000 hours and 1 fatality per 41.7 million hours worked.

In addition, two benchmarking studies were conducted through surveys to member companies, one on human talent management and another on knowledge management, whose reports of findings will be soon available on the website of the Association only for members.

It is also pertinent to highlight the work carried out in the development of a methodology based on API 754 to perform comparative studies on process safety incidents and share lessons learned from the same. The first report will be released in the early months of 2017, while in 2016 some pilot studies were carried out to agree on the benchmarking methodology. With the purpose of continuing extending the scope of benchmarking studies, in 2017 we expect to perform a benchmarking study on cybersecurity management, and another on occupational health management and performance indicators.