Decommissioning Insight 2015

DECOMMISSIONING INSIGHT 2015

Average Forecast of Costs from 2015 to 2024 in the Southern North Sea and Irish Sea

2014 Survey

2015 Survey

Platform well P&A

£2.7million

£3million

Subsea exploration and appraisal well P&A

£5million

£8.8million

Subsea development well P&A

£7.6million

£9.6million

Topside removal cost per tonne

£4,000

£4,600

Substructure removal cost per tonne

£4,500

£4,400

Some of the average cost forecasts are significantly different to those presented in the 2014 survey. These changes will be discussed in section 7.

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