Call for ideas on decommissioning

Posted on 19 May 2017 and read 623 times
Call for ideas on decommissioningThe Oil & Gas Technology Centre has launched its first Call for Ideas, inviting innovative technology concepts and ideas to change the way that offshore hydro-carbon wells are plugged and abandoned.

The centre will invest around £1 million in a portfolio of projects resulting from this initiative.

Malcolm Banks, the Centre’s well construction specialist, said: “We are looking for innovative concepts that will have a material impact on this transformation, with three specific themes: modelling the probability of hydrocarbon flow to the surface; verification of permanent barriers; and new and alternative methodologies and barriers.

“Over the next decade, 1,400 wells are forecast to be abandoned on the UK Continental Shelf, at a cost of around £7 billion, creating a significant burden for the industry and UK tax-payers.

“Reducing the costs of drilling, maintaining and abandoning wells is a key priority for the Centre. A significant opportunity exists to reduce well plug and abandonment costs through ‘rigless’ methodologies. We will welcome submissions until 11 June.”

Be seen in all the right places!

Intermach / MTA 2018 Indusmach Africa 2018 (Kenya) Metaltech 2018 Subcon 2018 ITM Poland / Machtool 2018 High-Tech Manufacturing & Engineering Expo MTA Vietnam 2018 Maktek Eurasia 2018 MTA Hanoi 2018 Indusmach Africa 2018 (Tanzania) Advanced Engineering UK 2018 Machine Tool Indonesia 2018 India Export News Steelfab 2019