5
2014 Annual Report
HSSE Performance Indicators
In 2014, our Board of Directors initiated the first annual
Ray Britt Safety Award program in memory of one of
Cobalt’s extraordinary leaders in Safety who lost his battle
with illness last year, but whose impact is still felt every day
among the Cobalt team. The award is meant to recognize an
individual or group that has made a significant impact on
Cobalt’s operations and/or reputation by demonstrating
exceptional leadership, passion and commitment to HSSE
through their safe practices and through leading and encour-
aging others to work and live safely.
Antonio Vieira, Cobalt’s Deputy General
Manager, Angola, received the 2014
Ray Britt Safety Award for his personal
initiative to pursue externally with
municipal authorities his recommended
solution to significantly improve security
and safety for Cobalt employees and
contractors while traveling on company business to and
from the Sonils Shorebase in Luanda.
Additionally, the 2014 Ray Britt Safety Award was also given
to Ryan Murphy, Sue Kerver and Renee Porter, of our Houston
team, for their commitment to ensuring that every Cobalt
employee, contractor and consultant traveling internationally
is provided with important safety information using Cobalt’s
International Travel Guide and companion videos that the
team created, developed and implemented.
Cobalt’s goal is to improve our Greenhouse Gas (GHG) emissions output as we expand our business by moving our West Africa
and Gulf of Mexico assets into development and production, and continue our exploration and appraisal drilling operations. We
recognize the possibility of needing to increase energy consumption while we work to meet these operational goals. Cobalt is
committed to managing emissions to reduce GHG so that we may continue to play an important part in meeting the world’s
increasing demand for energy.
This data reflects emissions from our Angola operations but does not include information from our Gulf of Mexico operations as we did not drill any operated wells in the Gulf of Mexico in
2014. The data was collected from drilling operations and related activities including support vessels, generators and controlled burning during well testing. These calculations do not
include gasses emitted during flaring operations.
YEAR
NO
X
(tpy)
CO (tpy)
CO2 (tpy)
VOC (tpy)
PM
10
(tpy)
SO
2
(tpy)
Drilling Rig Diesel
Consumed
Vessel Diesel
Consumed
2014
1,439
382.29
72,635
36.83
44.97
22.71
4,704,302
gallons
1,906,603
gallons
1
Includes all work-related workforce injury and illness incidents that result in a: Fatality; Restricted Work/Job Transfer (RW/JT); Lost Time Incident (LTI); Medical Treatment beyond
First Aid (MT)
2
TRIR calculated as per OSHA’s requirements (200,000 hours per year)
3
Chemicals or hydrocarbons that enter the water and/or reach land
4
Manmade items inadvertently lost to the sea
†100 liters of synthetic oil-based mud released during drilling operations in Angola in April, 2014
YEAR
Fatalities
(Employees and Contractor
Workforce)
Global Safety
Performance – Total
Recordable Incidents
1
Global Safety Performance –
Total Recordable Incident
Rate (TRIR)
1,2
Global Spills –
Number
3
Marine Trash
& Debris
4
2013
0
0
0.34
0
4
2014
0
3
0.62
1
†
0
