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DNV GL - Oil & Gas Augsburger Str. 9 86157 Augsburg, Germany http://www.dnvgl.com/
Contact Ms Cathrine Torp
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DNV GL - Oil & Gas

Cutting well P&A costs by using DNV GL's new Recommended Practice

(PresseBox) (Augsburg, )
Plugging and abandonment (P&A) of offshore wells represents the highest cost within field decommissioning for operating companies and national authorities. DNV GL has now issued a new, globally applicable Recommended Practice (RP), on risk-based abandonment of offshore wells which in combination with optimized project execution and new technology could potentially reduce P&A costs by 30–50%. The framework outlined in the RP provides the possibility for individualized, fit-for purpose well abandonment designs, a contrast to the prescriptive methodology available in the industry today.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.