Wireline Issue 46 - Autumn 2019

Image left: Attendees at the 2019 Offshore Safety Awards. Offshore Safety Award medals. Image bottom right: Steve Phimister, VP & Director Shell UK & Ireland addresses the OGUK Wells Conference.

News

marked its 20th anniversary this August. Established to provide operators and supply chain service companies access to tools to increase efficiency, LOGIC is a key force for improving business working practices across the sector. LOGIC is currently the custodian for six industry tools aimed at improving industry competitiveness. Vantage POB is a personnel and certification tracking system for the onshore and offshore workforce. In addition, LOGIC manages a suite of 11 Standard Contracts, template contracts which cover a broad range of UKCS operations from supply chain and services to decommissioning, Similarly, the Master Deed is a key part of the industry’s legal framework, and helps streamline the timely and efficient completion of asset transfers in the UKCS. Other benefits include the Industry Mutual Hold Harmless (IMHH) — a standard process to address the contractual gaps around liability for contractors — as well as Flightshare and Helimet.

methods to improve recovery from existing North Sea oil and gas assets was launched in August. Developed through industry collaboration, it provides a detailed process for identifying opportunities to learn from industry-leading practice. An industry task group supporting the Oil and Gas Authority’s Asset Stewardship Task Force, created the Reserves Progression self- verification check-list tool to promote good practice, and information-sharing. Available via the OGUK website, it is intended to help operators improve overall recovery rates and extend the productive life of the UKCS. Task group co-chair, Katy Heidenreich, noted that it “gives industry a consistent, integrated and systematic approach to progressing resources and reserves,” which estimates suggest amount to over 2 billion barrels of near-field opportunities. Fellow co-chair, Tony McGarva, said: “Companies can use the Reserves Progression checklist to identify, review and re-evaluate the potential opportunities for increasing oil and gas recovery in all aspects of their activities including reservoir management, well and production systems, and reassess where processes could be refined to unlock otherwise undeveloped reserves.With industry experts collaborating to develop this tool, it’s designed to be easily incorporated into current processes so helping to drive continuous improvement in performance.” LOGIC marks 20 years of promoting industry efficiency tools Industry Competitiveness (LOGIC), a not-for- profit wholly owned subsidiary of OGUK, Leading Oil and Gas The tool can be found on the OGUK website.

Legal Conference takes over Ardoe House A record attendance of 167 delegates joined the sixth annual OGUK Legal Conference on 12 September in Aberdeen. Supported by Principal Sponsor CMS and Supporting Sponsor Clyde & Co LLP delegates heard from a range of speakers addressing regulatory issues, Brexit, private equity and JOA disputes. This flagship event facilitates learning and knowledge sharing and importantly builds a stronger network within the legal community. OGUK Wells Conference tackles net-zero OGUK’s Wells Conference took place 26 September. Now in its third year, the event offers an opportunity to hear operators presenting case studies which describe the challenges of unlocking and delivering competitive drilling activity in the UKCS.

You can find out more about the benefits provided by LOGIC at www.logic-oil.com.

w ire lin e | A u t u m n 2 019 | 9