Well plugging and abandonment

Decom

Wells decom solutions programme building momentum

08/11/2018

Around 1,400 UKCS wells will have to be abandoned over the next 10 years alone at a cost of £7-8billion of which the UK taxpayer will fund around half, according to Malcolm Banks, wells solution centre manager at the Oil and Gas Technology Centre (OGTC).

Decom

Technology key to maximising the late life of field potential, Expro boss says

08/11/2018

With UK decommissioning expenditure estimated at £55.7 billion, it’s no surprise that this offers a significant opportunity for many companies. From a well abandonment perspective alone, activity is set to increase from £1.2bn in 2016 to an expected £1.5–2bn per year through to 2025, according to Oil and Gas UK (OGUK).

Breaking