DecomWorld: Well Plugging and Abandonment: Trends, Innovations and Challenges Discussed
This week DecomWorld spoke with Chris Murphy, VP Marine Services, Wild Well Control Inc. to understand more about the work that he is undertaking regarding well plugging and abandonment.
(PRWEB) April 02, 2012
DecomWorld: Where in the oil and gas industry does your company sit?
Wild Well Control Inc. is a solution provider in well and platform decommissioning in the Gulf of Mexico and internationally. Wild Well are also recognised by the US Government (BSEE) as an operator in the GoM.
DecomWorld: What well plugging and abandonment projects are you working on right now and what are your aims/projects for the next 12 months?
We are actively working on two independent hurricane damaged structures with associated wells with many more projects already booked for 2012 & 2013.
DecomWorld: How do you differentiate your business from your competitors?
Wild Well Control Inc. bring extensive experience to the table in managing difficult well and platform decommissioning projects with an unsurpassed commitment to safety.
DecomWorld: Who has come up with the most exciting Well P&A innovation or creative idea that you´ve seen recently and why?
Wild Well Control Inc. recently abandoned two subsea wells for a super major in the Far East using rig less and riser less technologies. As part of this project we effectively isolated the outer casing annuli to conform with recent US legislation on well abandonments. Rig less and riser less technologies bring significant cost savings to the well decommissioning market. Using drilling rigs for well decommissioning projects is not cost effective in most cases.
DecomWorld: What are the main trends/issues that will impact well plugging and abandonment in the coming years moving forward with projects and why?
US government legislation relating to “Decommissioning Guidance for Wells and Platforms” [NTL No. 2010-G05 issued in October 2010] more commonly referred to as the “Idle Iron” initiative. This dictates that wells that are no longer “capable of production in paying quantities” and have been idle for a period of years have to be permanently abandoned. Post Macondo most of the super majors are now applying US legislation strategies to their international well decommissioning projects. Well decommissioning is not core business for E&P companies and solution providers that can offer safe and cost effective solutions will become the principal well decommissioning organizations globally.
Chris Murphy will be joining other Well P&A experts this year at the Well Plugging and Abandonment Conference (May 23-24, 2012 — Houston, TX, USA). With attendance confirmed from key organisations including BSEE, Chevron, Shell, BP, Apache, TETRA Technologies and Weatherford, the meeting will help you to execute Well P&A projects in an efficient, safe and timely manner. Find out more at – http://decomworld.com/wells/conference-event-brochure.php
For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/4/prweb9351375.htm