decommissioning
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A consortium of 20 organizations, REX-CO2, including research institutions, operators, and regulatory authorities, studied mature wells in two areas of the UK Continental Shelf. Subsurface data were evaluated and verified the wells’ potential suitability for both reuse and CO2 injection and storage.
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The company will produce twilight barrels and conduct abandonment work when the field is deemed uncommercial.
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The partnership of Subsea 7 and Flasc has a plan to use out-of-service pipelines as pressure vessels in a hydro-pneumatic energy storage concept.
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The deal grows the marine energy services company’s shallow-water GOM fleet by more than 30 vessels.
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ExxonMobil has initiated front-end engineering design studies to determine the feasibility of developing a South East Australia carbon capture and storage hub in the Bass Strait, where some of Australia’s oldest offshore oil and gas fields are to be decommissioned.
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A decommissioning project carried out by DOF Subsea on behalf of Repsol Sinopec Resources UK in the Central North Sea has achieved a 99% rate for the combined recycling and repurposing of recovered materials.
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The US government has made more than $1 billion available to qualified states. The program is part of the recently passed infrastructure law.
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The Heerema semisubmersible crane vessels Thialf and Sleipnir were used on the job to remove the 36,000-ton structure.
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Rystad Energy compared the decommissioning costs based on two similar steel platforms, one in each region, using its cost-estimating tool.
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Decommissioning and abandonment comes with its share of unexpected surprises, but many of those surprises could be avoided merely through better planning and care.