Decommissioning
Shell became the first international company to operate producing fields offshore Brazil and the first to navigate the country’s complex and detailed decommissioning permitting process, which involved extensive environmental assessments, regulatory approvals, and coordinated stakeholder engagement.
ExxonMobil moves forward with the decommissioning of a 25-year-old deepwater US Gulf development.
The Ohio River Valley Institute finds operator indifference, regulatory noncompliance as chief factors in state's growing number of deserted wells.
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This paper presents a low-impact solution for well abandonment with fully electrified equipment that mostly uses grid power in an urban area. -
Research team pushes toward a framework for managing millions of abandoned oil and gas wells.
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Woodside Energy awards all contracts for major work at multiple fields, while Helix Energy secures significant plugging and abandonment job on the Gulf of Mexico shelf.
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With global decommissioning activities forecast to reach $100 billion through 2030, early planning for it could go far in helping to minimize risk and associated costs.
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The multiyear, $20 million-plus contract is for a well abandonment campaign in the Balmoral area in the UK central North Sea.
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More than 200 inactive oil and natural gas wells in New Mexico have been plugged as land managers have tried to crack down on producers as part of an accountability and enforcement program.
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Federal infrastructure law gives states financial incentive to remediate orphan wells.
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Instead of insights, traditional economic yardsticks in mature fields can create surprises. Buyers, investors, and lenders need new yardsticks—besides those based on present value—in order to make profitable decisions in mature properties.
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The paper highlights the importance of adopting good practices when planning for decommissioning throughout the life cycle of a petroleum project.
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The Seaeye Falcon underwater robot is being used in the decommissioning and repurposing of an oil rig offshore Angola.
