Decommissioning Insight 2018
6.2 Expenditure by Scope Element
1
Figure 15: Forecast UKCS Decommissioning Expenditure, 2018 to 2027
No.
Scope Element
Expenditure Percentage
2
1
Operator Project Management
£1 billion
6.85%
2
Post-CoP OPEX
£1.5 billion
9.80%
3
3
Well Decommissioning
£7.5 billion
48.80%
4
Facilities De-Energising
£462 million
3.02%
4
5
Topsides Preparation
£480 million
3.13%
6
Topsides Removal
£1 billion
6.64%
5
7
Jacket Removal
£1 billion
6.62%
8
Topsides and Substructure Onshore Recycling
£326 million
2.13%
6
9
Subsea Infrastructure
£1.7 billion
11.30%
10
Site Remediation
£186 million
1.21%
7
11
Post-Decommissioning Monitoring
£77 million
0.50%
TOTAL
£15.3 billion
100.00%
8
Although the overall proportion of expenditure is consistent with what was reported in last year’s study, most of the elements within the scope have seen a reduction in the forecast expenditure over the ten-year period, with the exception of topsides and substructure onshore recycling, site remediation and post-decommissioning monitoring, which have seen increases.
9
The scope of a decommissioning project is explained in more detail in section 8.
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11
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