Oil and Gas Authority releases Wells Strategy report
Published by Sarah Smith,
The Oil and Gas Authority’s (OGA) new Wells Strategy report highlights how well intervention activity is set to increase.
This represents a positive and legal transformation in the way the well cycle will be managed by industry and stewarded by OGA. Learn more here: https://bit.ly/3cQaAUh
OGA have outlined their involved which includes:
- Ensuring wells function in higher well activity to enable in-well surveillance on existing wells and that well work to safeguard, restore and optimise production and P&A.
- Working to improve collaboration to encourage rig sharing where barriers exist, resulting in increased well activity.
- Encouraging a campaign approach to P&A as a way of significant cost reduction but also tracking P&A estimates and costs as a benchmark to improve performance.
- Collecting and sharing data on the wells issues affecting production to analyse reduction of losses and the number of long-term shut-in and temporary plugged wells.
Successful implementation of OGA's strategy will be made by companies who collaborate to develop work programmes, set challenging targets, share knowledge and track delivery. Does this apply to you? Download the document here: https://bit.ly/3cQaAUh
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Read the article online at: https://www.oilfieldtechnology.com/special-reports/28042020/oil-and-gas-authority-releases-wells-strategy-report/
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