Oil & Gas UK Decommissioning Insight 2014

DECOMMISSIONING INSIGHT 2014

Average Forecast Costs for 2014 to 2023 in the Southern North Sea and Irish Sea

2013 Survey

2014 Survey

Platform well P&A

£3.5 million

£2.7 million

Subsea exploration and appraisal well P&A

£4.8 million

£5 million

Subsea development well P&A

£6.9 million

£7.6 million

Topside removal cost per tonne

£3,600

£4,000

Substructure removal cost per tonne

£5,700

£4,500

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