Projects and Technologies

Choice between decom now or decom later requires looking beyond just costs vs. savings

Jun 21, 2016

To decommission now or decommission later? To answer this, one must begin by comparing the expenditure they expect to incur from maintaining an asset with the savings they expect to...

North Sea's new P&A pure-play must prove early abandonment cuts costs

May 24, 2016

The private-equity firm backing the North Sea’s newest oilfield-services company believes now is the “ideal time” to invest in plugging and abandonment. Industry consultants say that...

Fall in GoM decom activity signals need for technological leap

May 10, 2016

The Gulf of Mexico’s shallow-water decommissioning boom has come to a halt. Deepwater decommissioning has stronger prospects, with development of affordable technologies crucial to...

In choice between decom and business as usual, some are taking middle ground

May 10, 2016

Stuck between two extremes of extending or ending offshore production in response to persistently low oil prices and reduced capital funds, a few outliers have been found opting for a...

Contractor goes inside well to slash cost of deepwater P&A

Mar 30, 2016

A Houston company claims to have achieved a breakthrough in deepwater plugging and abandonment by combining its existing well-intervention solution with a riserless internal-cementing...

Resin makes GoM debut with permitted lower abandonment

Mar 30, 2016

Oceaneering recently conducted the Gulf of Mexico’s first permitted lower abandonment using resin, project manager Chris Mancini revealed to the 8th Decommissioning and Abandonment...

Vessel, plug selection identified as keys to cost reduction

Mar 16, 2016

What lesson can plugging and abandonment take from the latest treatments for coronary heart disease? The answer is that new technology can be inserted into a problem area without...

Decom delays put supply chain at risk, warns industry veteran

Feb 2, 2016

To decommission now, or decommission later? As $30 oil causes operators to assess the likely impact of both options on their bottom line, TSB Offshore President Jerry Gilmore is urging...

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