Well decommissioning is expected to account for the greatest volume of expenditures to be spend on the overall decommissioning of oil and gas platforms on the United Kingdom Continental Shelf. Between 2020 and 2029, well decommissioning is forecast to require nearly 7.4 billion British pounds in spending. By comparison, the preparation and removal of topsides and substructures is expected to result in roughly 2.7 billion British pounds of expenditure.
Forecast spending on oil well decommissioning on the United Kingdom Continental Shelf (UKCS) between 2020 and 2029, by project stage
(in million British pounds)
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Oil and Gas UK. (November 23, 2020). Forecast spending on oil well decommissioning on the United Kingdom Continental Shelf (UKCS) between 2020 and 2029, by project stage (in million British pounds) [Graph]. In Statista. Retrieved December 02, 2024, from https://www.statista.com/statistics/1248730/forecast-ukcs-oil-well-decommissioning-spending-value-chain/
Oil and Gas UK. "Forecast spending on oil well decommissioning on the United Kingdom Continental Shelf (UKCS) between 2020 and 2029, by project stage (in million British pounds)." Chart. November 23, 2020. Statista. Accessed December 02, 2024. https://www.statista.com/statistics/1248730/forecast-ukcs-oil-well-decommissioning-spending-value-chain/
Oil and Gas UK. (2020). Forecast spending on oil well decommissioning on the United Kingdom Continental Shelf (UKCS) between 2020 and 2029, by project stage (in million British pounds). Statista. Statista Inc.. Accessed: December 02, 2024. https://www.statista.com/statistics/1248730/forecast-ukcs-oil-well-decommissioning-spending-value-chain/
Oil and Gas UK. "Forecast Spending on Oil Well Decommissioning on The United Kingdom Continental Shelf (Ukcs) between 2020 and 2029, by Project Stage (in Million British Pounds)." Statista, Statista Inc., 23 Nov 2020, https://www.statista.com/statistics/1248730/forecast-ukcs-oil-well-decommissioning-spending-value-chain/
Oil and Gas UK, Forecast spending on oil well decommissioning on the United Kingdom Continental Shelf (UKCS) between 2020 and 2029, by project stage (in million British pounds) Statista, https://www.statista.com/statistics/1248730/forecast-ukcs-oil-well-decommissioning-spending-value-chain/ (last visited December 02, 2024)
Forecast spending on oil well decommissioning on the United Kingdom Continental Shelf (UKCS) between 2020 and 2029, by project stage (in million British pounds) [Graph], Oil and Gas UK, November 23, 2020. [Online]. Available: https://www.statista.com/statistics/1248730/forecast-ukcs-oil-well-decommissioning-spending-value-chain/
