Decommissioning

Decommissioning

We have extensive experience preparing Decommissioning estimates (DECOMEX) for both onshore and offshore facilities throughout the world. Decommissioning estimates are prepared using our proprietary estimating model, originally developed from actual project data and regularly updated to reflect current market conditions and the latest decommissioning practices.

Our decommissioning experience covers a broad scope from; Order of Magnitude estimates using very ‘high-level’ data such as the rate of Oil / Gas production, through to Detailed Estimates produced when the facility is actually being prepared for disinvestment.

In total we have prepared over two hundred decommissioning estimates for a large number of different clients around the world.

Decommissioning Case Studies & System Development

Shell Decommissioning Estimating System (DES)

Since 2016 we have worked with Shell to develop and maintain their global Decommissioning Estimating System (DES).

DES has been developed from first principals with extensive engagement from Shell Decommissioning Engineers, combined with analysis of current and historical Shell and Third Party Decommissioning Projects.

The systems is designed to provide estimates for all of Shell’s global portfolio of assets and encompasses the entire decommissioning scope from cessation of production to on-going liabilities.

Suncor

We have recently carried out a complete review of the decommissioning legislation in all regions that Suncor operate globally. This review was then used to develop a decommissioning estimating methodology and independent estimates developed for their global portfolio.

Eni

We have worked with Eni for the last five years assisting, with the planning, estimating and cost engineering support for six platforms in the Southern North Sea. This has involved Reviews of initial Decommissioning Plans and preparation of Detailed Comparative Assessments for initial option comparison. This support has continued through the engineering and planning phase, through to execution which is currently ongoing.

Cairn India

Over the last three years there has been a significant change in Indian Regulation for the decommissioning of offshore assets, and similar legislative changes are being implemented to cover onshore assets. We were commissioned by Cairn India to review the current and anticipated Indian Legislation to develop a recommended decommissioning methodology, this methodology was then used to develop detailed estimates for their onshore and offshore assets.

Shell Decommissioning Estimating System (DES)

Since 2016 we have worked with Shell to develop and maintain their global Decommissioning Estimating System (DES).

DES has been developed from first principals with extensive engagement from Shell Decommissioning Engineers, combined with analysis of current and historical Shell and Third Party Decommissioning Projects.

The systems is designed to provide estimates for all of Shell’s global portfolio of assets and encompasses the entire decommissioning scope from cessation of production to on-going liabilities.

We have recently carried out a complete review of the decommissioning legislation in all regions that Suncor operate globally. This review was then used to develop a decommissioning estimating methodology and independent estimates developed for their global portfolio.
We have worked with Eni for the last five years assisting, with the planning, estimating and cost engineering support for six platforms in the Southern North Sea. This has involved Reviews of initial Decommissioning Plans and preparation of Detailed Comparative Assessments for initial option comparison. This support has continued through the engineering and planning phase, through to execution which is currently ongoing.
Over the last three years there has been a significant change in Indian Regulation for the decommissioning of offshore assets, and similar legislative changes are being implemented to cover onshore assets. We were commissioned by Cairn India to review the current and anticipated Indian Legislation to develop a recommended decommissioning methodology, this methodology was then used to develop detailed estimates for their onshore and offshore assets.

Clients often find it difficult to commit resources to developing and maintaining estimating databases and systems however this is vitally important to develop accurate and realistic cost estimates.

Since our founding we have therefore worked with our clients to develop suitable estimating systems and programs to allow them to quickly and accurately develop the cost estimates that they require. The systems are bespoke and tailored to suit individual client needs and are developed using client supplied and our own in-house data.

In the last five years we have prepared estimating systems for a number of different clients covering a large proportion of the offshore and onshore industry.


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Our Experience

PCP have a wealth of experience in the global energy industries, chemicals production, and mineral processing.

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