Decommissioning Insight 2015
Northern North Sea and West of Shetland
1
600
140
Increased Uncertainty in Forecasts
2
120
500
100
400
3
80
300
4
60
200
Number of Wells
40
5
100
20
Forecast Expenditure (£ Million - 2015 Money)
0
0
6
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Platform Subsea Development
Subsea E&A Total Well P&A Expenditure
Source: Oil & Gas UK
7
Number of Wells 2015 to 2024
Total Expenditure 2015 to 2024
Proportion of PlatformWells
950 624 326
£6.2 billion £4 billion £2.2 billion
55% 47% 72%
Total
CNS
8
NNS/WofS
9
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