“The value of global decommissioning projects between now and 2024 is estimated at app. $42 billion. Offshore Northwest Europe, where the average age of production facilities is said to be 25 years, the market is expected to grow by 20% annually through 2022 if oil prices do not pick up substantially, helped by presently favourable service contract prices. P&A of wells will likely account for 45% of total decommissioning costs over this period, with platform wells representing around 65% of the total wells to be abandoned, the rest being subsea wells. Overall, more than 2,500 oil and gas wells are expected to be decommissioned in North Sea over the coming decade.”
This 4-day master-class seminar will cover in depth how and why wells are plugged and abandoned at the end of their useful life. Right now is the perfect time to take a hard look at the long-neglected decommissioning phase: our social license to operate as an industry depends on controlling leaks, especially from abandoned wells; the slump, current bargain prices and funding opportunities means it makes no economic sense to keep putting off; and the welcome rise of turn-key abandonment implies that both well owners and service providers need to understand the risk of a few specific wells.
The session is focused on professionals involved in decommissioning, well integrity, production engineering and project management, who are encouraged to bring some of their challenges along to apply together the techniques and methods discussed during the classes. Our experience in remote training means that the highly technical content is delivered in interactive, participative, hands- on way, and the exercises allow addressing challenges in a collaborative setting.
Introduction to Well Abandonment
Barriers, Materials and Ageing
Geological barriers – creeping rocks
Life-Cycle Integrity Management
Taking abandonment decisions
The course offered a balanced and comprehensive view on all aspects important to P&A operations from well integrity and barrier considerations, regulatory aspects and international standards, to the nuts and bolts of performing the job. Matteo was very knowledgeable and engaging. These four days of intensive learning and interactive discussions are definitely time well spent.
Interesting discussions with the trainer and delegates. The training was productive for a
better well integrity understanding. I learned a lot about the best practices.
Matteo was an excellent trainer with a lot of knowledge that shines through in the sessions he delivered.
Highly skilled trainer with a passion for P&A.
Really good training with an excellent lecturer!
It was nice to meet and listen to Matteo who has huge experience in the domain and can illustrate with many case studies. This pragmatic approach was much appreciated.
A lot of important information on how to set up and raise the level of well integrity management.
Very informative course. The trainer adapted well to the online environment and kept interacting with the participants.