Infographic Guide to North Sea Well Abandonment
Claxton, an Acteon company, has released an infographic guide to well abandonment costs in the North Sea. Released on the eve of the Oil and Gas UK Offshore Decommissioning Conference, held annually in St Andrews, Scotland, to discuss decommissioning in the region, the infographic highlights the costs operators are facing as they plan future campaigns. Abandonment cost reduction is an area where Claxton helps operators in the North Sea and beyond, via a proven suite of rigless technology.
Claxton has experience in platform well abandonment and conductor recovery, having completed the world’s first rigless platform well abandonment in 2003. More recently, Claxton carried out the first rigless recovery of a stuck BHA for Maersk on the Tyra East field. More than 280 conductor cutting and recovery projects have been carried out using Claxton’s equipment and offshore crews, and the company has worked with Acteon sister company, OIS, to deliver pioneering multi-operator campaigns with the SWAT™ suspended well abandonment tool.
Jamie Hall, marketing communications manager, Claxton, said, “Our infographic, created from Oil and Gas UK’s recent review of the North Sea market, highlights the scale of the challenge facing operators. Claxton has a long standing track record of reducing costs associated with platform well abandonment, which Oil and Gas UK estimates at around £4.8 million per well."