Decommissioning Insight 2018

PRACTITIONER PROFILE

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Ikon Science Ikon Science is a specialist consultancy with a track record of subsurface geoscience innovation. It has developed considerable expertise in solving international oil and gas E&P challenges through exploration, development, production and more recently, in decommissioning. Ikon’s main areas of business in well decommissioning are in overburden flow risk evaluation to help determine an appropriate barrier strategy to safely isolate the reservoir; carrying out independent reviews of well decommissioning designs against national regulations; and working directly with their clients’ subsurface teams to develop well decommissioning programmes. Over recent years, Ikon has been actively focused on the well decommissioning market in the UK and it now accounts for 40% of the company’s European geopressure services business. Its client base is predominantly the independent oil company sector. Ikon has a global presence and significant experience across all continents both offshore and onshore, conventional and unconventional plays, shallow and deep water, and HPHT regimes. The team at Ikon is built around the disciplines of geophysics, geology, petrophysics, geopressure, geomechanics and drilling and it is this skill base with its extensive subsurface knowledge that is brought to bear in the pursuit of cost effective and safe well decommissioning solutions. Over the coming years the demand for Ikon’s skills and experience is set to increase as oil and gas assets in the North Sea are coming to the end of their field life. Globally, areas such as Southeast Asia, Latin America, West Africa, the Arabian Gulf, Egypt, India, China, and Australia are all beginning to face similar challenges in well decommissioning. Such demand will see Ikon seeking to export its experience gained in its UK business into these emerging markets.

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