Abstract: Blowout prevention equipment for use in a well operation is described. The equipment includes a combination of a ram-shear designed to sever a pipe string extending through the blowout prevention equipment down into a wellbore and a slip device positioned below the ram-shear to hold the severed lower portion of the pipe string and to prevent it from falling down into the wellbore. The slip device and the ram-shear may be operated simultaneously by a hydraulic control system so that the slip device is in position to hold the severed pipe string as the pipe string is sheared. The slip device includes a split slip bowl movable into proximity of the pipe string and plurality of gripping segments carried by each section of the slip bowl.