Reasons to Attend
Operators: What’s Your Exposure?
The cost of decommissioning is real and something that needs to be planned for. Using the average cost figures below and based on your lease expiry dates; can you work out your exposure in the Gulf of Mexico? How much will decommissioning activity cost you over the next 5 years?
| |
Water Depth |
Estimated Cost |
| Well P&A |
all |
$773,000 |
| Structure Removal |
0 - 100 |
CAIS & WP |
FP |
| |
101 - 200 |
$1.2m |
$1.5 |
| |
201 - 300 |
$1.8m |
$2.5 |
| Site Clearance & Verification |
|
|
£3.1m |
| |
|
CAIS |
WP&FP |
| |
|
$16,000 |
$43,000 |
CAIS = Caisson
WP = Well Protector
FP = Fixed Platform
The Decommissioning & Abandonment Summit will equip you with all the planning information and technological tools to tackle your decommissioning liability in the most proactive, cost effective way. Don’t get caught out, start planning now by attending the conference.
Contractors: Decommissioning Activity is on the Rise…
In 2008, decommissioning activity outstripped installation in the GOM and this trend is set to continue as the region matures. Latest MMS figures show there are some 3,642 active platforms in federal waters in the GOM. On average 127 new platforms are being installed annually.Â
| |
2008 |
5-YR AVERAGE (2003-2008) |
CUMULATIVE (1947-2008) |
| Well Drilled |
258 |
380 |
35,802 |
| Structures Installed |
63 |
92.4 |
6,838 |
| Wells PA |
424 |
424 |
19,599 |
| Structures Removed |
133 |
141 |
3,126 |
The decommissioning market is growing rapidly. Platform removal is set to be worth between $142m and $394m annually and well P&A $235m and $430m.
Over the next 5 years this represents a market value of US$3 billion. Are you positioned to take advantage of this?
Attend the Decommissioning & Abandonment Summit and you’ll have the opportunity to not only receive all the market forecasts you need to accurately plan your business plans for 2010 and beyond – we’ll put you in front of the top 25 operators by decommissioning liability for the Gulf of Mexico.
Fill your order book in 2 days by attending this conference.
Take a Look At Just Some of the Organisations to Attend EyeforEnergy Decommissioning Events in 2009:
We’ve Had Over 500 Attendees in 2009 Alone…
- 35 Major & Independent Operators
- 8 Regulatory & Trade Bodies
- 4 National Oil Companies
- And every major decommissioning contractor & service provider…
| Aker Solutions |
Anglo-Suisse Offshore Partners |
Pioneer Natural Resources |
| Allseas Engineering |
Apache |
Premier Oil |
| Baker Hughes |
ATP Oil & Gas Corporation |
PTT Exploration and Production |
| Cal Dive International |
Badger Oil |
W&T Offshore |
| Chet Morrison Well Services |
BP |
Taylor Energy Company |
| Fugro Chance |
Century Exploration New Orleans |
Talisman Energy |
| Global Industries |
Chevron |
Sonangol |
| Halliburton |
Conocophillips |
StatoilHydro |
| Integra Services Technologies |
Devon Energy |
Stone Energy Corporation |
| InterAct (Acteon) |
Dynamic Offshore Resources |
Shell |
| NCA |
Eni Petroleum |
Silverstone Energy |
| NCS Subsea |
ExxonMobil |
|
| Oceaneering International |
Fairfield Energy |
DECC |
| Proserv Offshore |
Hess |
Decom North Sea |
| Rotech Subsea |
Maersk Oil |
Department of Mineral Fuels |
| SapuraAcergy |
Marathon Oil |
MMS |
| Schlumberger |
Maritech Resources |
OSPAR |
| SMIT |
Nexen Petroleum |
Subsea UK |
| Superior Energy Services |
Northstar Exploration Company |
US Department of the Interior |
| Technip |
Offshore Iwaki Petroleum |
|
| TETRA Technologies, Inc |
Panhandle Energy |
|
| Versabar |
Patriot Resources |
|
| Weatherford International |
Pearl Oil |
|
| Well Ops |
Pemex |
|
| Wild Well Control |
Petronas Carigali |
|
|
