ABERDEEN, UK – Britain’s Oil and Gas Authority (OGA) is seeking operators willing to participate in a multi-operator, well plug and abandonment (P&A) optimization program.
The goals are to demonstrate the cost savings that could be achieved through collaborative working, to stimulate further work-sharing campaigns, and to encourage adoption of improved execution and contracting models.
Selected companies will work with the OGA andLloyd’s Register, the appointed project manager for the selection phase, to draw up a potential collaborative well P&A campaign for execution during 2018/19.
Jim Christie, OGA Head of Decommissioning, said: “Targeted cost efficiency programs, extensive knowledge sharing, and best practice adoption is a priority of ourdecommissioning strategy. We expect that this program will encourage further collaborative working practices across well P&A scope and into other areas of decommissioning.
“While estimates of cost, scale, and scope vary, there is no doubt that the decommissioning effort facing our basin is significant. We must act now to capitalize on the opportunity it presents for innovation, cost reduction, and further development of our skilled supply chain.”
Participants must have:
- Identified well(s) that fall within the execution window
- A desire to work collaboratively with the OGA and other operators to minimize costs in an appropriate manner
- Willingness to engage in multi-operator collaboration to test other factors that may reduce costs beyond what is possible solely through economies of scale and repeatability. These factors may include technology application, different contracting and business model adoption, regulatory simplification, and long-term liability management
- Transparency in sharing of data and lessons learnt from the project with the wider decommissioning community.
Those interested should contact email@example.com by March 10.
The outcome of the select phase will be to develop the appropriate scope, timing, and objectives for the pilot by the end of 2Q 2017, to meet the budget cycle of interested parties. Later stages of the project will be managed by industry rather than the OGA, and the industry will also contract appropriate rigs, vessels, and other services.