Decommissioning
The company has transformed its former Genesis platform into an artificial reef for marine life off the coast of Louisiana.
Plugging operations are scheduled to begin early 2026.
Global offshore decommissioning projects hear the starting gun in Australia and the North Sea, but will the race be a marathon or a sprint?
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The outlook in the UK is a case study of the squeeze facing E&P in other basins where operators are trying to pay to sustain production with discoveries, while plugging and abandoning old wells, all paid for by the lean cash flow due to low oil prices. -
Scientists at the National Oceanographic Centre have released a review of how marine robotic capabilities can support the environmental monitoring needed for decommissioning oil and gas installations.
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When energy companies go bankrupt, the cleanup of their old oil and gas wells must take priority over paying off creditors, the Supreme Court of Canada ruled on 31 January.
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An influx of new investment and operational efficiencies borne out of the oil price downturn have led to a drop in projected decommissioning costs. Decommissioning multiple wells in one campaign helped some operators achieve time savings of 33% per well.
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A new survey of international experts has seen a swing of opinion away from mandatory removal of obsolete offshore infrastructure, reflecting an acknowledgment that offshore structures often develop into artificial reefs and form a part of the ecosystem around them.
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A recent spike in production has engendered a cautiously optimistic outlook for the UKCS, but will it do anything to stave off the overall decline of the mature basin?
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When a new horizontal well in Asia was incapable of unassisted flow, coiled tubing (CT) was selected for the perforation and stimulation intervention. Mechanical isolation was required to ensure that the stimulation fluids entered only the new zones.
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Bureau Veritas made available its guide to decommissioning regulations in the UK Continental Shelf.
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Bureau Veritas made available its guide to decommissioning regulations in the UK continental shelf.
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Global spending on oil and gas decommissioning is expected to be $13 billion per year by 2040. The launch of a collaborative supply chain approach to global decommissioning offers an end-to-end solution to reduce the decommissioning burden, risk, and cost for operators in Europe, Asia, and Americas.
