... revenues annually. In the coming decades production volumes and revenues will decrease while decommissioning and its associated costs are imminent. Total offshore decommissioning expenditures (abex) are significant, currently estimated at more than EUR 5 billion. This equals one-third of the total future...

... on combination of the capital expenditure and the ongoing maintenance activities (operating expenditure). To prevent early decommissioning especially of the hubs as throughput declines which increases unit operating costs, it becomes important to bundle (cluster) hitherto incremental development opportunities...

... in the sector is currently expected to be developed before 2012. Gas export capacity from the region remains an issue. The North Sea itself attracted 75% of the exploration expenditure over the last five years and 2 bn boe of reserves were discovered. Finding costs ranged between US$2.5/boe for the Norwegian...

.... intervention cost repair strategy different intervention strategy upstream oil & gas strategic planning and management simulation model risk management modification production availability availability project management spe 96751 contribution reliability riskex expenditure subsea system...

... sense, Apache needed to improve production as soon as possible with a minimum of upfront capital expenditure. A significant number of new wells would be needed from several of the Forties platforms. Legislation in the UK precludes the use of oil-based drilling fluids without total containment. Upfront...

... and portfolio management investment scenario crine network case exploration reserve spe 56925 category hurdle rate 15 discovery oil price enhanced case therm development cost activity level innovation north sea case reserve network case scotland expenditure probable possible new exploration...

... and management investment discovery Upstream Oil & Gas parallel engineering field development optimization and planning recoverable reserve unit cost Drilling society of petroleum engineers knowledge Revenue capital expenditure expenditure reservoir contractor asset and portfolio management...

... Abstract Pressures on the economic margins for offshore production have prompted efforts of reducing costs, usually at the most visual ‘Capital Expenditure’, and ‘Preventative Maintenance’. However, in most cases the lull effects of these measures are not assessed, and there is a real risk...

... left at sea. From a location perspective direct costs tend to be ‘local’ to the platform concerned, whereas indirect costs are ‘global’ expenditures, irrespective of where the platform is located. Direct and residual energy expenditures and CO 2 production can also be regarded as the energy...

... post-tax npv gas price investment expenditure government cost savings real oil price complex reservoir united kingdom government banking & finance price environment spe 030359 europe government sensitivity reduction ukc inthe new world environment ukc threshold irr 20 professor...

... as production income. Cross-field PRT relief for exploration and appraisal work incurred after March 16th, 1993, is abolished. The cross-field allowance for development expenditure is abolished for fields receiving development consent after March 16th, 1993. The tariff receipts allowance for tariffs...

... will continue to make a major contribution to the UK economy well into the next century. asset and portfolio management supply and demand pricing upstream oil & gas northern water development expenditure base case new field gulf crisis supply and demand forecasting price scenario spe 23164...

... are placed on the ability of UK industry to compete for UKCS business; by assisting and encouraging the UK supplies industry in export markets; and by seeking to strengthen the technological capability of the UK industry. expenditure offshore energy technology oetb proposal oso programme...

... asset and portfolio management royalty field life profitability allowance cutoff expenditure operator prt upstream oil & gas abandonment cost oil price reduction abandonment date royalty payment abandonment decision recoverable reserve enhanced recovery Introduction...