An expected surge in Gulf of Mexico decommissioning activity based on low oil price signals will accelerate the decline in shallow water asset stocks and hasten the need for industry to...
UK North Sea oil operators will need to work in localized groups to optimise supply resources for as many as 140 decommissioning projects in the next five years, Fiona Legate, UK...
BG Group has simplified numerous well engineering standards into one and removed organisational barriers between well integrity and production disciplines, highlighting operators’...
Operators could slash Plugging and Abandonment costs for subsea wells by between 30% and 40% if they are willing to take a fully collaborative approach with rival producers, Jim...
Operators such as ConocoPhillips are looking outside of the industry for “revolutionary” technologies that are able to slash costs when it comes to plugging and abandoning (P&A)...
Statoil believes that in less than two years it can cut the cost of plugging and abandoning a well by half. As well as cutting the expense, it aims to reduce the time needed to perform...
The standardization of designs and equipment for offshore field developments has become a major area of focus for operating companies, particularly in the North Sea.
