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D for Decommissioning

Making decomissioning easier to manage - as a pathway to reducing costs
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Alan Stokes
» decommissioning manager
» Advisian Worley Parsons

Full Agenda

Tuesday, June 5, 2018
The Geological Society

Download the event report from our 2017 event

How can decommissioning be easier to manage - including making it easier for more companies to get involved, and take on more of the responsibility? We'll explore this subject at our decommissoining forum in London on June 5.

What role can digital technology play - if it can help us better understand how the platform can be safely deconstructed, perhaps over many years before Cessation of Production?

Previously, the decommissioning business was previously (arguably) just about a relationship between operators and their contractors. Now we are seeing alliances form to offer a complete late life asset management service. Also, we are seeing innovations in insurance and financial management, and people exploring re-use of equipment both topsides and subsea.

More attention is being given to political, financial, regulatory and joint venture aspects, and much more strategic thinking overall is happening about different ways to move forward. There is also much thinking about what can be learned from the nuclear sector.

If you have subsurface expertise, there could be business opportunities too. Managing downhole risks is, of course, a very high priority and concern, and you may be able to assist. You could also provide advice about future production potential of an older asset.

It isn't just a UKCS opportunity - the Dutch are getting heavily involved. We heard at the conference that 75 per cent of the Netherlands' gas platforms will be uneconomic within 3-4 years at the current gas price. The Netherlands has 156 platforms and 700 wells, compared to 323 platforms and 4,000 wells in the UKCS.

See Petromall Insights June 2017 report - "Making Decommissioning Easier to Manage"

Note: This event continues from our past 'Decommissioning - the D word!' events held:

in June 2017 - see the agenda - see the delegates list read the report

in June 2016 - see the agenda - see the delegates list read the report


8:30 Welcome & Introduction: followed by SESSION 1:
9:30 Speaker from -
Oil company

10:00 Speaker from -
Oil company

10:30 Speaker from -
Oil company

11:00 Coffee & Tea; Exhibits
11:30 Alan Stokes - decommissioning manager
Advisian Worley Parsons

Applying lessons learned in decommissioning - on greenfield projects (15 min talk)

Talk Description
A joint industry project to gather and publish 'lessons learned' from actual decommissoining projects so they can be applied on greenfield projects

Since decommissioning costs must often be taken into consideration as part of the net present value calculation of a new build, by reducing decommissioning costs you can increase the NPV.

Advisian is here to help you respond to changing global conditions. We leverage the real-world exper
11:30 Session 2
12:30 Speaker from -
Technology / service company

13:00 Lunch & Exhibits, followed by SESSION 3:
13:30 Speaker from -
Oil company

14:00 Speaker from -
Technology / service company

14:30 Speaker from -
Technology / service company

15:00 Speaker from -
Technology / service company

15:30 Close

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