Well decommissioning
As your wells near the end of the lifecycle, we can help you to decommission safely, responsibly and cost-effectively.
You can rely on our well engineering team to overcome the complexities of well decommissioning and deliver certainty across plugging and abandonment projects. We understand the issues facing assets approaching abandonment and we take a fit-for-purpose, asset-led approach to each project.
33
wells decommissioned under full project management
10%
under approved AFE on average across well P&A projects
US$200m
well decommissioning spend managed since 2015
Comprehensive services, flexible solutions
From initial review to abandonment methodology selection, detailed planning and engineering through to project execution, our services assure integrity and ensure plugged and abandoned wells are safe and secure for the future.
We are flexible in delivery, supporting discrete studies, integrated service packages or complete turnkey solutions.
Minimising risk
Risk management is a key consideration in any project, and one that is especially important when it comes to well abandonment. We work to minimise risk and reduce your contractual burden, with flexible commercial models to suit your operating strategy.
Our approach has helped clients reduce their timelines and save millions. On average, we safely and efficiently plug and abandon 10% below budget.
OUR WORK
Our decommissioning and well engineering services
Delivering certainty
Having decommissioned 33 wells on behalf of five clients over the past decade, managing £160 million of spend and delivering over £20 million in savings, we have a proven track record of successfully executing well decommissioning projects.
For safe, predictable, and cost-efficient well decommissioning, turn to Petrofac.
Timeline of key Petrofac well decommissioning projects
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