LIABILITY IS FOREVER: RISK ELEMENT IN THE IMPLEMENTATION OF DECOMMISSIONING AND WELL P&A

Decommissioning, well plugging, and abandonment (D&A) are often the unsung heroes of the oil and gas industry. While these activities are crucial to any project’s lifecycle, they are frequently overlooked during the initial planning stages. Despite the significant costs associated with D&A, which can sometimes even exceed those of initial development, they rarely receive the same level of attention as construction and drilling.

This neglect can lead to significant financial and environmental liabilities. Planning for decommissioning from the very beginning of a project is essential to mitigate these risks. Operators can significantly reduce costs and minimise environmental impact by incorporating D&A considerations into the initial project design.

Dr Brian Twomey will share valuable insights and lessons learned from global projects in his lecture. By understanding the importance of proactive D&A planning, we can ensure a sustainable future for the oil and gas industry.

Check out the tour schedule below, save your seat to attend Dr Brian Twomey’s session closest to you.

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Dr Brian Twomey, SPE Distinguished Lecturer 2024-2025

Dr Brian Twomey, SPE Distinguished Lecturer 2024-2025

RESL at SPE Decommissioning and Abandonment Symposium

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