Decommissioning Insight 2020

5. UK Decommissioning in Perspective 5.1 Decommissioning Over the Next Decade

Figure 5: UKCS Decommissioning Expenditure, 2020–29

Figure 6: Well Activity in the UKCS, 2010–20

2 , 500

ActualExpenditure

ProjectManagement WellDecommissioning TopsidePreparation SubstructureRemoval Subsea Infrastructure

350

PostCoP FacilityRunningCosts Facilities /PipelineDe-energising

TopsideRemoval

Topsidesand SubstructureOnshoreDecommissioning

Exploration

Appraisal

SiteRemediation

Post-decommissioningMonitoring

300

2 , 000

ForecastExpenditure in January2020

Development

Decommissioned

250

1 , 500

200

150

1 , 000

Expenditure (£MM)

Number of Wells

100

500

50

0

0

2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019 2020E

Source:OGA,OGUK

Source:OGA, OGUK

0

Actual Expenditure

Project Management Well Decommissioning Topside Preparation Substructure Removal Subsea Infrastructure

Post CoP Facility Running Costs Facilities / Pipeline De-energising

Topside Removal

Topsides and Substructure Onshore Decommissioning

Site Remediation

Post-decommissioning Monitoring

0

Forecast Expenditure in January 2020

DECOMMISSIONING INSIGHT 2020

14

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