Deferring the end game

摘要

Interest in decommissioning has waxed and waned as the oil price has risen and the determination of operators remains to defer platform decommissioning for as long as possible to extract remaining reserves profitably.The industry is once again basking in high oil prices and companies will do whatever they possibly can to delay decommissioning,' said Chris Freeman,Chief Executive of Prosperous Energy,chairing a decommissioning conference in Aberdeen organised by the Energy Institute earlier this year.At current prices,he noted:'The last drop of oil and gas you can get out of the ground is worth doing.'