RESL’s comprehensive decommissioning and well abandonment database contains unique datasets of actual removal and disposal operations, well plugging, and abandonment performance. This proprietary and extensive database has been meticulously assembled from actual projects executed globally over the past three decades.
RESL’s exclusive focus has enabled us to curate valuable data. In addition to cost data, the database includes duration data, which is crucial for comparing performance across market equipment pricing cycles and fluctuating oil price environments.
By analysing historical data from our proprietary database, we can identify valuable lessons learned and better understand how cost reductions can be achieved. Studying historical projects executed in line with operator plans at or below budget allows us to uncover best practices and identify opportunities for optimisation.