Seeking P&A alternatives

摘要

Plugging and abandonment (P&A) work is not drilling. It sounds obvious, but it's perhaps a phrase needed to help drive new solutions in the P&A space, a challenge that Norway's research institute Sintef has set itself. Private equity cash in Norway is also setting its sight on this space, because it is hugely costly area, and one in which a new technology could save operators time and money, with the potential to have a global impact - and not just in oil and gas wells, as geothermal and CO_2 storage wells will be seeking similar solutions.