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DECOMMISSIONING INSIGHT REPORT

2016

66

Figure 45: Historical Variation in the Removal Cost per Tonne Forecasts for Topsides

and Substructures in the Southern North Sea and Irish Sea

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

2011

2012 2013 2014 2015 2016

2012 2013 2014 2015 2016

Topside and

Substructure

Topside

Substructure

Estimated Cost per Tonne (£ - 2015 Money)

Average Forecast Topside Removal Cost per Tonne

Average Forecast Substructure Removal Cost per Tonne

Average Forecast Topside and Substructure Removal Cost per Tonne

Range in Cost Forecasts

Source: Oil & Gas UK

Removal Cost per Tonne

2015 Survey Average

2016 Survey Average

Topsides

£4,600

£2,600

Substructures

£4,400

£2,600