Decommissioning Insight 2018


2 Key Findings


are expected to be decommissioned over the next 10 years 2,379 wells

1,465 wells are in the UKCS, or around 1/5th of the total UKCS well stock

The UK is expected to spend £15.3 billion on decommissioning over the next decade

The rate of decommissioning expenditure is forecast to stabilise at around £1.5 billion per year - almost 20% lower than forecast in 2017

Over 950,000 tonnes of topsides are

slated for removal across the North Sea – of which just over 605,000

tonnes will be from the UKCS


Over the next decade:


Well decommissioning (well plugging and abandonment) makes up of forecast expenditure, with £7.5 billion expected to be spent 49%

The costs of running platforms and facilities after production ceases (Post-CoP OPEX) remains significant , accounting for just under 10% , or £1.5 billion , of expenditure

of spending will take

Subsea infrastructure removal accounts for 11% £1.7 billion or of expenditure place in the central North Sea, with 30% in the northern North Sea, 15% in the southern North Sea and 7% west of Shetland

Topsides and substructure removals combined account for just over


of the expenditure, £2 billion or


Onshore disposal accounts for just over

of the overall decommissioning spend


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