Decommissioning Insight 2015
Figure 8: Historical Variation in Well Plugging and Abandonment Cost Forecasts in the Central and Northern North Sea/West of Shetland
1
10 15 20 25 30 35 40 45 50
2
Average Forecast Cost Platform Well Average Forecast Cost Suspended Subsea E&A Well Average Forecast Cost Subsea Development Well
3
Range in Cost Forecasts
4
5
0 5
Estimated Cost per Well (£ Million - 2015 Money)
*
*
2011 2012 2013 2014 2015
2011 2012 2013 2014 2015
2011 2012 2013 2014 2015
Platform
Subsea E&A
Subsea Development
6
* Data cannot be split out for subsea E&A and development wells for 2011
Source: Oil & Gas UK
7
Well P&A
2014 Average £4.8million £17.4million £11.6million
2015 Average £4.1million £7.8million £9.9million
Platform wells
Subsea E&A wells
Subsea development wells
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