Decommissioning Insight 2017
UK Southern North Sea and Irish Sea • Of the 452 wells forecast to be plugged and abandoned in these regions to 2025, 76 per cent (345) are platform wells. • Forecast activity has increased by 77 wells since 2016, primarily due to greater survey coverage. Most of this new activity falls at the end of the timeframe. • Near-term activity remains closely aligned to the forecast in 2016 and is associated with ongoing well P&A campaigns.
Figure 4: Well P&A Forecast in the Southern North Sea and Irish Sea
100
Suspended Exploration and Appraisal Wells Subsea Development Wells Platform Wells
90
80
4
70
60
50
40
Number of Wells
30
20
10
0
2017 2018 2019 2020 2021 2022 2023 2024 2025
Source: Oil & Gas UK, Asset Stewardship Survey
Number of Wells
Proportion that are Platform Wells
Forecast Expenditure
452
76%
£1.5 billion
Danish Continental Shelf • Operators in Denmark forecast that 113 wells will be plugged and abandoned by 2025. • The majority of activity – 100 wells – will take place in 2023 across four decommissioning projects, with the remaining 13 wells in 2025. • Ninety-eight per cent (111) are platform wells.
Figure 5: Well P&A Forecast on the Danish Continental Shelf
Number of Wells
Proportion that are Platform Wells
113
98%
19
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