As the offshore energy industry continues to evolve, the demand for innovative solutions to optimize late-life operations and well plug and abandonment (P&A) processes has never been greater. With significant challenges looming, including well integrity issues, hydrocarbon losses, and the need for efficient decommissioning, it’s imperative for industry leaders to come together and explore cutting-edge technologies.

Offshore Energies UK

Offshore Energies UK (OEUK) paints a compelling picture in its 2023 Business Outlook, projecting a staggering £200bn investment in offshore energy projects by 2030. However, amidst this promising outlook, there are persistent challenges. According to the North Sea Transition Authority (NSTA), 30% of existing wells remain shut-in, well above the recommended threshold of 10%. Moreover, the NSTA Wells Insight Report 2023 reveals that nearly half of all wellbores reported issues in 2022, exacerbating concerns about operational efficiency and resource optimization.

Late Life Optimisation and Well P&A Workshop

In light of these challenges, Norwegian Energy Partners (NORWEP) is spearheading a pivotal event—the Late Life Optimisation and Well P&A Workshop—set to take place on the 19th of March 2024 in Aberdeen, Scotland. This one-day workshop aims to showcase Norwegian capabilities in late-life optimization, leveraging the expertise of industry leaders to address critical issues facing the sector.

Non-intrusive Water Cut and Flow Rate Technology with High Accuracy

One highlight of the workshop will be the presentation by Yofri Yasar, Sales & Marketing Manager at XSENS Flow Solutions. Yofri will present real life data from client trials to demonstrate how the XSENS technology improves late-life operational measurements. Titled “Non-intrusive Water Cut and Flow Rate Technology with High Accuracy” this presentation promises to offer invaluable insights into improving efficiency and accuracy in late-life operations.

Interested participants can find more details about the event and register through the NORWEP website at NORWEP Event Page.

The workshop is significant, especially against the backdrop of escalating decommissioning activities in the UK. Industry forecasts predict a staggering spend of £19.73bn between 2022-2031, with a significant portion earmarked for well P&A. With over 2,100 wells slated for decommissioning in the next decade, the need for effective strategies and technologies has never been more pressing.

The workshop will also feature a keynote introduction by the North Sea Transition Authority, setting the stage for insightful discussions and knowledge exchange. Additionally, case studies presented by industry giants Repsol and Harbour Energy will offer valuable real-world perspectives on navigating the complexities of late-life optimization and well P&A.

Join us in Aberdeen

In conclusion, the Late Life Optimisation and Well P&A Workshop represents a crucial opportunity for stakeholders to collaborate, innovate, and chart a course towards a more sustainable and efficient future for offshore energy. We invite all industry professionals to join us in Aberdeen on the 19th of March 2024, as we embark on a journey to unlock the full potential of offshore energy.