Follow us: RSS Twitter Facebook LinkedIn

Subsea Expo
NSRI

The voice of the UK subsea industry

Innovative Technology Lessens P&A Costs And Regulatory Burden

Innovative Technology Lessens P&A Costs And Regulatory Burden

View all news from: Wild Well Control
View directory entry for: Wild Well Control

02 August 2016

The number of new deepwater wells has decreased as part of the general decline in the offshore market, but the number of wells requiring plugging and abandonment (P&A) still rises as assets age.

At the same time, the regulatory requirements to P&A those wells continue to get more stringent. As a result, the cost to P&A a well has risen exponentially and looks set to continue increasing.

Wild Well Control, a Superior Energy Services company, has developed a subsea P&A approach that is changing the way the industry performs deepwater P&A operations by offering a rigless, riserless intervention system to meet the demands of increasingly stringent regulatory bodies.

more [source: E&P Magazine]