Every year, the Association of Energy Service Companies (AESC) awards a Gold, Silver, or Bronze award to energy companies with a high level of safety standards. Participating companies contribute to the overall understanding of safety statistics by volunteering their safety data. As a contributor for the past few years, Renegade has presented their information because they are deeply committed to the highest level of safety.
How the AESC Award Works
Each year, the AESC award is determined by three factors. First, each participating company is categorized as either Well Servicing/Workover Rig or a Non-Well Servicing Rig Category. Second, the companies are then divided into groups depending on the number of hours that they reported. Finally, they award either Gold, Silver, or Bronze for each Group.
Reported Hours Groups
The group determination by hours is key to recognizing the high standards of energy service companies of various sizes. The groups are determined as follows:
- Group 1 reports 0 – 75,000 hours
- Group 2 reports 75,001 – 150,000 hours
- Group 3 reports 150,001 – 300,000 hours
- Group 4 reports 300,001 – 2,500,000 hours
- Group 5 reports anything greater than 2,500,001 hours
Total Recordable Incident Rate
Within each group, the AESC award is determined by the Total Recordable Incident Rate (TRIR) of each company. The participant with the lowest TRIR in a group receives the Gold, followed by the second lowest receiving the Silver, and the third lowest receiving the Bronze. The high standard for safety and a low number of incidents of every participating company is key to AESC’s mission for industry safety.
Renegade’s Record of Safety
At Renegade, the commitment to safety is paramount. As a participant in AESC safety reporting, Renegade received the Silver Award in the Non-Well Servicing Rig in Group 4 in 2016. In the following year, Renegade’s continued work towards high safety standard was awarded a 2017 Gold in the same category and grouping.
Overall, as a wireline company in the energy industry, Renegade understands the importance of high safety standards and low incidents. By receiving the AESC awards in both 2016 and 2017, it is clear that a high level of safety is deeply important to Renegade as a whole.