If risk is defined as hazard multiplied by the costs of damage, the vulnerability, e.g. of health, safety, and environment (HSE), in conjunction to possible hazards become important for the quantification of local and regional risks. Within this overview different risk reduction approaches such as - online monitoring in combination with a red light system, - transfer of knowledge from “similar sites“ to a new site, and - geomechanical models are discussed and compared. An independent validation of the different concepts will be used to develop a systematic risk reduction. Based on petrophysical concepts a risk reduction approach will be presented which includes a knowledge based side qualification strategy, the possibilities of a reservoir pressure control and suitable monitoring concepts.


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