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Abandonment cost

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Proceedings Papers

Paper presented at the North Africa Technical Conference and Exhibition, February 14–17, 2010
Paper Number: SPE-127412-MS
... of the SFAS 143 principle in the United States, which defines the criteria for Decommissioning and Abandonment costs of production assets allocation and establishment, for companies listed on the New York Stock Exchange, requires such companies to report Abandonment funds. In Eni E&P a tool...
Proceedings Papers

Paper presented at the European Petroleum Conference, October 16–19, 1988
Paper Number: SPE-18389-MS
... Abstract The paper will show how cost reductions during Removal and Abandonment (R and A) can be achieved by forward planning. The planning will necessitate a greater depth of thought, but will not involve a significant increase in either capital, or operating cost. Current design...
Proceedings Papers

Paper presented at the SPE Asia Pacific Oil & Gas Conference and Exhibition, November 17–19, 2020
Paper Number: SPE-202344-MS
... on illustrating the application envelope for PWC in well abandonment. It will examine the trade-off of service costs versus saved duration, highlighting where a low rig spread rate may drive a decision towards choosing an alternative conventional approach. Furthermore, the paper features and discusses the well...
Proceedings Papers

Paper presented at the SPE Asia Pacific Conference on Integrated Modelling for Asset Management, March 23–24, 1998
Paper Number: SPE-39724-MS
... Abstract The costs of the abandonment of a field development depend on the geographical location of the structures and the number of platforms for each field, the water depth, topside weight, jacket weight, type of structure, proximity to shore, availability of equipment and the level...
Journal Articles
SPE Advanced Technology Series 4 (02): 180–188.
Paper Number: SPE-29746-PA
Published: 01 August 1996
...J. E. Johnstone; J. M. Neuser; J. M. Fritts Many domestic oil and gas properties and production facilities are at the end, or rapidly approaching the end, of their useful economic lives. Corporate management is becoming increasingly concerned with the costs associated with the abandonment...
Average <span class="search-highlight">Abandonment</span> <span class="search-highlight">Cost</span> versus Well Type
Published: 27 October 2014
Figure 13 Average Abandonment Cost versus Well Type More
Reservoir <span class="search-highlight">abandonment</span> <span class="search-highlight">cost</span> comparison. HWU based P&amp;amp;A at MKA and Rigless...
Published: 09 December 2021
Figure 5 Reservoir abandonment cost comparison. HWU based P&A at MKA and Rigless P&As at KFB and FTA. Cost is productive cost (total less NPT) shown normalized to average HWU P&A cost. The average cost to install reservoir barriers reduced by ~75%. More
Outlook of number of assets and its associated <span class="search-highlight">abandonment</span> <span class="search-highlight">cost</span> for year 20...
Published: 02 December 2019
Figure 2 Outlook of number of assets and its associated abandonment cost for year 2020 onwards More
Impact or variable waiting criteria, excluding effect of <span class="search-highlight">abandonment</span> <span class="search-highlight">cost</span> d...
Published: 26 September 2004
Figure 9 Impact or variable waiting criteria, excluding effect of abandonment cost deferral More
Proceedings Papers

Paper presented at the SPE Bergen One Day Seminar, April 22, 2015
Paper Number: SPE-173850-MS
... also be added. This procedure has been outlined in the Fig.2 . Plug and abandonment (P&amp;A) operation can be performed in multi-well campaigns where different technologies are applied for every stage. In this case mobilization and demobilization costs are shared between different wells. For cost...
Journal Articles
J Pet Technol 67 (01): 117–119.
Paper Number: SPE-0115-0117-JPT
Published: 01 January 2015
...Chris Carpenter This article, written by JPT Technology Editor Chris Carpenter, contains highlights of paper SPE 169203, ’An Investigation of Different Approaches for Probabilistic Cost and Time Estimation of Rigless Plug and Abandonment in a Subsea Multiwell Campaign,’ by Fatemeh Moeinikia...
Proceedings Papers

Paper presented at the SPE Offshore Europe, September 5–8, 1995
Paper Number: SPE-30349-MS
... Society of Petroleum Engineers SPE 30349 Cost Effective Well Abandonment Russell Jordan, SPE, Pentex Oil Pic. Philip Head, SPE, XL Technology Ltd. Copyright 1995, Society of Petroleum Engineers, Inc. This paper was prepared for presentation at the Offshore Europe 1995 Meeting held in Aberdeen United...
Journal Articles
SPE Prod & Oper 30 (04): 270–282.
Paper Number: SPE-167923-PA
Published: 24 November 2015
... wells in batch campaigns. These two scenarios will be compared from a cost and duration point of view. Moreover, the advantages associated with riserless technologies for multiwell abandonment are discussed. A Monte Carlo simulation for time estimation of abandonment operations is based...
Proceedings Papers

Paper presented at the SPE Offshore Europe Conference and Exhibition, September 8–11, 2015
Paper Number: SPE-175426-MS
... significantly reduce this cost. Savings can be made during late in life operations on the platform and preliminary decommissioning planning. A Comparative Assessment tool assists the project team in selecting the most preferred decommissioning and abandonment option for subsea pipelines by using criteria...
Proceedings Papers

Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Asia Pacific Oil & Gas Conference and Exhibition, October 17–19, 2022
Paper Number: SPE-210690-MS
... to the requirement of extreme sensitivity of diagnostic measures to ensure zero leakage, there is the inescapable aspect of the cost of the abandonment procedure as a whole to be considered. Current best practice almost invariably requires a rig to be used for the execution of an abandonment program, not least...
Proceedings Papers

Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Asia Pacific Oil & Gas Conference and Exhibition, October 17–19, 2022
Paper Number: SPE-210699-MS
... a single logging run. Rigorous technology seeking efforts are conducted to fill in the industry gaps for a reliable and cost effective solution for well abandonment with unknown cement barrier status behind multiple casing layers. Total of four emerging technologies are evaluated including the slim...
Proceedings Papers

Paper presented at the Offshore Technology Conference, May 2–5, 1988
Paper Number: OTC-5876-MS
... conductor charge offshore facility decommissioning soil suction otc 5876 louisiana artificial reef program knowledge management platform conductor turtle abandonment upstream oil &amp; gas mudline OTC 5876 Case History for Rigs to Reefs: A Cost-Effective Alternative for Platform Abandonment...
Proceedings Papers

Paper presented at the SPE Symposium: Decommissioning and Abandonment, November 30–December 2, 2021
Paper Number: SPE-208473-MS
... in South East Asia region. HHPU Specification Abstract Plug and Abandonment (P&amp;A) operations with conventional Hydraulic Workover Unit (WHU) have an enormous benefit and impact on low-cost P&amp;A campaign in Malaysia compare with using conventional drilling rig. Subsequently, this Hybrid...

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