Decommissioning

As the vessel moves toward a shipyard to be dismantled, the company said it wants to become a global reference in decommissioning, focusing on sustainability, safety, and care for people and the environment.

Prior to proceeding with a contract to fulfil a rigless P&A campaign for Sasol in Mozambique, BiSN designed a field trial to prove the effectiveness of its bismuth plug technology. Although the technology had been used in 19 countries by BiSN for a variety of downhole applications, it had not yet been qualified for use in Mozambique.

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.

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.

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.

The multiyear, $20 million-plus contract is for a well abandonment campaign in the Balmoral area in the UK central North Sea.

Federal infrastructure law gives states financial incentive to remediate orphan wells.

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.

The paper highlights the importance of adopting good practices when planning for decommissioning throughout the life cycle of a petroleum project.