Decommissioning Insight 2018

6.2 Expenditure by Scope Element

1

Figure 15: Forecast UKCS Decommissioning Expenditure, 2018 to 2027

No.

Scope Element

Expenditure Percentage

2

1

Operator Project Management

£1 billion

6.85%

2

Post-CoP OPEX

£1.5 billion

9.80%

3

3

Well Decommissioning

£7.5 billion

48.80%

4

Facilities De-Energising

£462 million

3.02%

4

5

Topsides Preparation

£480 million

3.13%

6

Topsides Removal

£1 billion

6.64%

5

7

Jacket Removal

£1 billion

6.62%

8

Topsides and Substructure Onshore Recycling

£326 million

2.13%

6

9

Subsea Infrastructure

£1.7 billion

11.30%

10

Site Remediation

£186 million

1.21%

7

11

Post-Decommissioning Monitoring

£77 million

0.50%

TOTAL

£15.3 billion

100.00%

8

Although the overall proportion of expenditure is consistent with what was reported in last year’s study, most of the elements within the scope have seen a reduction in the forecast expenditure over the ten-year period, with the exception of topsides and substructure onshore recycling, site remediation and post-decommissioning monitoring, which have seen increases.

9

The scope of a decommissioning project is explained in more detail in section 8.

10

11

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