Decommissioning Insight 2016 - Oil & Gas UK
Average Forecast Plugging and Abandonment Costs per Well from 2016 to 2025
1
Central and Northern North Sea and West of Shetland
Southern North Sea and Irish Sea
Norwegian Continental Shelf
UKCS
2
Platform well P&A Subsea suspended exploration and appraisal well P&A
£2 million
£4.1 million
£3 million
£10 million
3
£5.6 million
£6.2 million
£6.1 million
£16.1 million
Subsea development well P&A
£7.6 million
£10.2 million
£9.6 million
4
Average Forecast Cost per Tonne for Removal from 2016 to 2025 7
5
Southern North Sea and Irish Sea Central and Northern North Sea and West of Shetland
6
Facilities ‘making safe’
£1,200 per tonne £2,600 per tonne £2,600 per tonne
£490 per tonne £3,000 per tonne £4,400 per tonne
Topside removal
Substructure removal
7
Some of the average cost forecasts are significantly different to those presented in the 2015 survey. These changes will be discussed in section 7.
8
7 Data were unavailable for Norway.
9
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