Decommissioning & Well Abandonment Database
RESL's decommissioning and well abandonment database contains unique data sets of actual removal and disposal operations and well plugging and abandonment performance.
The proprietary and extensive database has been assembled from actual decommissioning and well abandonment projects globally over the last 30 years which RESL has been focusing exclusively on decommissioning and well P&A. In addition to cost data, the database contains duration data which is key for comparing performance across market equipment pricing cycles and fluctuating oil price environment. Our database is an excellent tool for performing benchmarking, comparing actual cost and actual duration to estimates in your decommissioning project. By performing cost comparison against historical decommissioning data, you will be able to check your or your company's or operator's decommissioning and well abandonment cost estimates.
By analyzing historical decommissioning and well abandonment data from our proprietary decommissioning and well abandonment database, important lessons learned can be captured. Further, it allows for deeper understanding of how cost reductions can be achieved by studying historical decommissioning and well abandonment projects which were executed in line with operator plans at or below budget.
Please contact us if you would like to learn more about our decommissioning and well abandonment database or lessons learned from historical decommissioning and well abandonment projects. We will help you avoid costly mistakes made in the past and achieve cost reductions in decommissioning and well abandonment projects.