DECOMMISSIONING INSIGHT
2015
page 16
Removal and other associated activity includes expenditure on ‘making safe’; topsides preparation; removal of
topsides, substructures and subsea infrastructure; pipeline decommissioning; disposal; recycling; site remediation
and monitoring. Expenditure from 2015 to 2024 associated with this activity is forecast to be lower in the short
term, increasing towards the end of the survey timeframe. The annual average forecast expenditure is £550million.
Figure 4: Total Forecast Decommissioning Expenditure by Work Breakdown Structure Category
0
500
1,000
1,500
2,000
2,500
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Forecast Expenditure (£ Million - 2015 Money)
Operator Project Management/Facility Running Costs
Well P&A
Removals and Other Associated Activity
Increased Uncertainty
in Forecasts
Source: Oil & Gas UK
Expenditure
2015 to 2024
Operator project management/facility running costs
£3.7 billion
Well P&A
£7.7 billion
Removal and other associated activity
£5.5 billion