Analysis provides cost savings of approx. £5m for decommissioning project

Source: www.gulfoilandgas.com 2/5/2024, Location: Europe

Aquaterra Energy were asked to complete detailed and bespoke decom analysis for a major North Sea operator to support a multiple field, subsea well, decommissioning project. The analysis focused on identifying the risks associated with entering 21 historic wells, some of which were originally drilled in the 1980s. Our analysis was used to mitigate operational risk and to support significant project cost savings, totally approximately £5m in cost savings, as well as over 400 tonnes of CO2 savings.


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