The matters to be considered for establishing priorities for the development of standards and guidance shall give practical effect to major accident prevention and limitation of their consequences. The matters shall include:

1. (a)

   improving well integrity, well control equipment and barriers and monitoring their effectiveness;

2. (b)

   improving primary containment;

3. (c)

   improving secondary containment that restricts escalation of an incipient major accident, including well blow-outs;

4. (d)

   reliable decision making;

5. (e)

   management and supervision of major hazard operations;

6. (f)

   competency of key post holders;

7. (g)

   effective risk management;

8. (h)

   reliability assessment for safety and environmental critical systems;

9. (i)

   key performance indicators;

10. (j)

    effectively integrating safety and environmental management systems between operators and owners and other entities involved in oil and gas operations.