Latest Well P&A Decommissioning Technologies and Strategies

In the previous article, we looked at 6 Key Well Abandonment and Decommissioning Challenges and I promised to share with you some of the latest decommissioning technologies and strategies which are in use or being developed and tested today in the Oil & Gas sector.

But first, I think it is important to explain the importance of the need for innovation to tackle the enormous challenges we face with decommissioning in the coming years. Let's do that by looking at a case study of the UK Continental Shelf (UKCS)..

Case Study - UKCS Decommissioning Challenge

The UKCS Decommissioning 2017 Cost Estimate Report provided a cost estimate for offshore oil and gas decommissioning in the UK Continental Shelf (UKCS) of £59.7 billion in 2016 prices. The Oil & Gas Authority (OGA) has set an ambitious target to reduce these costs by at least 35%.

UKCS Decommissioning Cost Targets

Source: https://www.ogauthority.co.uk/news-publications/publications/2017/ukcs-decommissioning-2017-cost-estimate-repor