NEED TO PLAN AND DESIGN THE DECOMMISSIONING
OF AN OIL & GAS ASSET?
As your oil & gas production assets are ageing and reaching their end of life, you have to make decisions on the optimal decommissioning design and execution plan.
- Minimize the decommissioning cost using risk-based scenarios when quality data is available
- Maintain a high level of safety calling on the best standards and rules of practice
- Minimize impact on the environment
- Build a risk-based execution plan including risk dashboards and risk treatment plans.
Luy Resources assisted a national operator in West Africa in designing a decommissioning sequence and the related project execution plan, with budget assessment showing a significant reduction against an initial estimate provided by a third party, while identifying and cataloguing the main project risks to make sure that the future decommissioning operation would be performed under the highest safety and environmental standards.