Safety performance in the drilling industry is typically measured based on Occupational Safety and Health Administration ("OSHA") recordable injuries and the active rig years worked without an OSHA recordable injury, lost-time, or disabling injury. We view these metrics as lagging indicators, which can and have encouraged the wrong behavior such as under reporting incidents. While we still track these metrics for regulatory purposes, we have improved our safety efforts using a prevention-based methodology called C.A.R.E. (Control and Removal of Exposures). Our employee safety program now focuses on serious injuries and fatalities (SIFs), which places more emphasis on near misses and injury exposures, especially those with SIF potential. We believe it is important to take a more holistic and proactive approach to identify safety issues. By focusing on both actual and potential safety events, we use our SIF system to prevent serious injuries and fatalities as opposed to relying purely on incidents reported after they happen. Our data has identified that approximately 10% to 15% of all OSHA recordable injuries are events in which valuable lessons learned are produced that can be used to reduce potential serious injuries in the future. The remaining recordable cases may not provide the necessary learning opportunities to prevent future serious injuries. Similarly, the data also indicates that SIF Potential incidents, all of which provide information to help prevent future serious injury or fatality, may occur more frequently than recordable incidents.