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The decommissioning of oil and gas installations across the world, and more specifically in mature basins such as the North Sea, is expected to cost several billion dollars over the coming years. The North Sea's aging infrastructure, with over 470 platforms, more than 5,000 wells and 10,000km of pipelines, requires effective abandonment planning to ensure manageable costs and regulatory compliance.
By joining the APR now, operators can gain crucial insight into decommissioning best practices and save significant time and money.
In 2007, a group of operators asked IHS Rushmore to establish a Review to share permanent well abandonment data, with a view to answering the following questions:
This group of oil, gas and petrochemical companies has interests in a variety of renewable energy sources and has become the world’s largest distributor of biofuels – exploring ideas to accelerate potential development of a commercially-feasible and climate-friendly biofuel from marine algae.Learn more about our client’s successes
A Global 500 energy company set out to find opportunities for greater efficiency in extracting oil from unconventional reservoirs and developed a steam-assisted gravity drainage production solution that now saves millions of dollars annually by reducing the need for maintenance and risk of interruptions.Learn more about our client’s successes
This regional energy exploration and production company reduced the time required to generate monthly reports from 1 day to 20 minutes and reduced the workload from 2 full-time positions to one. Experienced staff now spends time making decisions instead of making reports and pumpers' accuracy has improved, too.