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Enhance your decommissioning business planning utilizing the latest data from the Gulf of Mexico market and become a leader in your fi eld.
Benefi t from the very latest expert analysis on regulations, market drivers, cost reduction and activity forecasts through 2012 and beyond and build a water tight business strategy
Purchase this exclusive report and you’ll benefi t from the following analysis:
Factors driving decommissioning: Receive an update on the factors driving decommissioning in the GoM to build a watertight strategy for your decommissioning program in 2012 and beyond
Cost reduction: Bene� t from latest industry experience on cost reduction to enable you to ef� ciently plan your next decommissioning project competitively
“Idle Iron” NTL: Understand how the “Idle Iron” NTL has impacted the decommissioning industry over the last 12 months and gain analysis of ongoing implications to your business
Regulatory trends: How are the latest regulatory trends impacting decommissioning activities including SEMS / SIMS initiatives and the compliance implications of the newly formed BOEM and BSEE of� ces
2012-14 Predictions: Utilise an exclusive prediction of activity for 2012-14 to improve your business planning with analysis on historic and forecast data from BOEM / BSEE (including TARP / LARP)
Off shore Decommissioning Report 2012-2013, Gulf of Mexico
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SAVE $450Context of the Offshore Decommissioning Report 2012-2013
The decommissioning market was certainly a busy one in 2011. The lack of severe hurricanes in the 2011 season minimized the number of evacuations and consequent interruption to offshore operations. In addition, weather downtime, although erratic early on, was minimal particularly from June through September. This made contracting simpler and enabled many operators to select lump sum with an option on downtime due to a named storm. Given the lack of named storms that entered the Gulf of Mexico (GOM), this strategy has proved cost effective. Technology has advanced compared with previous years and tooling has become more reliable, enabling ef� cient turnaround on salvage projects. The cost of decommissioning platforms was kept down by a few operators undertaking campaigns as part of their business strategy.
More regulation was enacted through 2011, resulting in much more oversight by the US government on the Outer Continental Shelf (OCS) oil and gas operations. The aim of these new regulations is to hold operators accountable for safety and the environment, with tougher civil penalties for violations. Operators must now demonstrate active procedures and processes in place for safety and the environment, covering a broad range of offshore activities. These regulations stem from – or have been accelerated by – the Deepwater Horizon incident of April 2010 and are primarily targeted at drilling operations; however, they apply to all oil and gas operations in the GOM OCS. Compliance with regulatory requirements is now mandatory and operators must demonstrate this for all OCS oil and gas operations via documentation, hazard analysis and job safety analysis. Although many operators followed the guidance of API RP 75, it was not mandatory. Additional regulations have been enacted that provide far greater detail on what is expected of oil and gas operators.
The 2012 decommissioning report will examine in detail the context of the new regulations and their effect on the decommissioning industry in the GOM. In addition, the decommissioning market in 2011 will be discussed and how this compares with predictions from 2010. Predictions for 2012 and 2013 will be based on performance in 2012 and prior years, and compliance with the ‘Idle Iron’ NTL.
Management – Chief Executive Of� cers, Managing Directors – who are keen to ensure that their business planning is informed by comprehensive analysis of the decommissioning market.
Operations – Chief Operations Of� cers, Product Managers – who seek best practice to ensure that the decommissioning process is economical and improving continually through the expertise of their peers.
Engineering – Project Engineers, Directors of Engineering – who are seeking to keep up to date with the innovations of competitors with a view to improve decommissioning techniques and continually re� ne their safety contingencies.
Sales – VP of Sales, Sales Managers – who need to know the market drivers and companies active to ensure their sales strategies are optimized.
Business Development – Bids & Proposals Manager, International Development Managers – who need an independent overview of the market and its participants to intelligently grow their business opportunities.
Sample pages
Analysis of the decommissioning market in 2011, forecasted demand and best practice to improve your business planning, reduce cost and optimize your resources.
Gulf of Mexico Oil & Gas Decommissioning Market Report 2012-13
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Market overview The predictions for 2011 reviewed
A consideration of the volume of decommissioning activities predicted in the GOM 2011 report and what has subsequently affected these levels. This includes how operator’s proactive decommissioning campaigns were made possible by the reduced level of hurricane activity in the region over the past two years.
2011 Market reviewedAnalysis of the level of decommissioning undertaken, including a consideration of the factors behind operators decommissioning the highest number of platforms than any other year.
2011 Market in DetailIn-depth look at the decommissioning market in 2011 covering detailed analysis of what was decommissioned and how operators improved on previous year’s performance. Primary research undertaken through surveying contractors in the region to provide a thorough overview of the market.
Beyond 2011 predictions 2011 was certainly a busy year for decommissioning activity with the number of platforms salvaged far in excess
of predictions from 2010. Operators have continued to decommission platforms at an increased rate compared to previous years with Apache Corporation alone decommissioning over 60 platforms in 2010. The active use of a functioning SIM system has enabled a number of operators to develop decommissioning strategies and concentrate resources utilizing decommissioning campaigns in addition to decommissioning platforms that present high to very high risk.
New technologiesTechnologies in the industry are continually being re� ned with an enduring focus on improving engineering techniques to increase reliability. Additionally, there are a number of areas where new technologies are being tested but yet to be proven on a GOM OCS project. These could have a signi� cant impact on the ef� ciencies of decommissioning in the years ahead.
Effi ciency / ResourceDiscussion on how operators and contractors have utilized ef� ciencies to undertake a greater number of salvage projects compared to previous years. A look at potential resource issues based on industry feedback and where salvage projects can be more ef� cient.
Acquisition / DivestitureA recap of asset operator shift in 2011 looks at the continuing trend of acquisition of GOM OCS assets by the independents. Details of the acquisitions are provided and how the operator £ eet number shave changed.
Best practice and Lessons Learned Service Providers
Interviews and case studies with three of the biggest Integrated Service Providers in the region, to consider what is best practice and the lessons learnt when decommissioning in the Gulf.
OperatorsWhat is world class decommissioning? Where can cost ef� ciencies be made in tackling offshore platforms? The perspective of operators considering their decommissioning.
Market Forecast and Future GrowthA look at present trends and prediction on future decommissioning market taking in to account factors such as resource, number of assets to decommission, improved ef� ciency and contracting strategy. An in depth examination of salvage campaign strategy and implementation of methods for ef� cient use of resources and salvage project planning.
Average number of platforms predicted to be decommissioned per year between 2011-16 = 150
Chapter Overview and Research Highlights
Average platform decommissioning durations
Table does not re£ ect the P&A of wells which are extremely variable)
Platform Type Water Depth (ft)
Average Duration to Decommission (d)
Caisson 50 1 - 2
Braced Caisson 100 2
4 Pile 150 3
6 Pile 200 3 - > 7
8 Pile 200 4 - > 7
4 Pile 400 5 - > 7
4 Pile 500 6 - > 7
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Market Challenges / RegulationsFrom November 15th all operators shall have a fully implemented Safety and Environmental Management System (SEMS) that will follow the guidance of API RP 75. In this chapter, the changes in the regulatory landscape are considered and the impact on decommissioning in the region.
SEMSWhat is SEMS? The SEMS requirement affects practically all-offshore operations from drilling activities to lifting point certi� cation. In this chapter, the impact on your decommissioning activities, including cost reduction, personnel safety and the environment are discussed in more detail
SEMs To ensure their compliance operators are requiring contractors to provide documentation and evidence for satisfying
key areas of the SEMS such as safety and environmental performance with written safe work practices. Directly SEMS is requiring all contractors to have “Operating Procedures” and a “Mechanical Integrity Plan” that accompany all supplied equipment in addition to a “Hazard Analysis”. Contractors may adopt sections from an operators SEMS program but the operator and contractor must document agreed policies.
SIMSAPI 2SIM is imminently due to be issued as guidance for the implementation of a Structural Integrity Management system. BOEM have stated greater oversight of operators and use of a SIM system to not only manage a £ eet of platforms but also to implement decommissioning strategy as part of the SIM system.
Industry Learnings A concise, considered summary of the industry as 2012 begins, including SIM and API 2SIM, and their impact and in£ uence on decommissioning strategies.
Reefi ngA brief look at 2011 ree� ng projects by operator, asset type and water depth. Comparison to ree� ng trends in previous years and predictions for 2012.
23.3% of all reefed platforms are located in a water depth between 150 – 200 metres The second most commonly reefed structure is an 8-pile Jacket, with 100 structures reefed by December 2011. In 2009, 2010 and 2011at least 25 structures reefed each year
References
For more information contact: [email protected]
The 2012 decommissioning report has utilized extensive research, experience and expertise from operators and contractors to generate a concise picture of the decommissioning market in the GOM OCS.
A key element of this year’s report is a detailed review and analysis of the changing regulatory requirements that have broadened mandated regulations when undertaking operations on the GOM OCS. The research includes analysis of data obtained from BOEM, industry and other public domain data as well as input from the Texas and Louisiana ree� ng programs.
For the 2012 decommissioning report a cross section of operators and contractors have been interviewed or invited to � ll out an online questionnaire to provide greater detail and understanding from their respective ends of the decommissioning market. Their input provides invaluable insight in to best practice, new technologies, resource availability and case studies. Of particular interest is the experience of
contractors in the decommissioning market and their observations on market performance, dif� culties in performing the work and establishing base line performance.
Analysis of the latest data covering the GOM OCS £ eet of platforms and structures reefed in 2011 yields many interesting facts and the data is presented in a number of ways to help readers understand potential impact on business decisions and market forces. Trends are presented to help forecast future decommissioning work load in to 2012 and 2013 and the potential additional demand on decommissioning resources.
A combination of data analysis, market research and review of the latest regulatory regime yields potential strategic business drivers that can signi� cantly lower risk to both the environment and increase safety of personnel. In addition, operators can learn how signi� cant lowering of costs and risk can be achieved by catching up on industry trends and changes in regulations that ultimately bene� t the GOM oil and gas industry.
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Methodology
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Welcome About DecomWorld & Biography of the author Industry Review Acknowledgements Index of Figures and Tables Abbreviations Executive Summary
Introduction
Methodology
Market Overview
3.1 Predictions for 2011 reviewed 3.2 2011 Market overview 3.3 Decommissioning overview.
Acquisition / Divestiture
New Technologies
Best Practice and Lessons Learned
Market Forecast
Market Challenges / Regulations
Decommissioning challenges
9.1 Regulations 9.2 Deepwater 9.3 Safety and Environmental Management 9.4 Structural Integrity Management Mandated Changes Status of API 2SIM Impact / Infl uence Strategy / Mitigation
Future Growth and Direction 2012-2014
‘Idle Iron’ NTL Simplifi ed
Industry Learning
Reefi ng
TARP / LARP Statistics Save The Blue Initiative
References Contractor Lists
TablesTable 1 Structures Decommissioned and % of GOM
Structures Decommissioned from 2000 through 2011
Table 2 % Change of Installed, Decommissioned and Remaining Platforms Based on Remaining Fleet in the GOM from 2000 through 2011
Table 3 Decommissioned Platforms by Operator over the Last Decade
Table 4 Average Platform Decommissioning Durations
Table 5 Recent Acquisitions by Black Elk Energy
Table 6 Decommissioned GOM Fixed Type Structures in Water Depth Greater than 500ft
Table 7 GOM Fixed Type Structures in Water Depth Greater than 500 ft
Table 8 Sample Key Considerations for Platform Ree� ng Candidacy
Table 9 GOM Platform Distribution by Type and Operator
Table 10 GOM Platform Distribution by Water Depth
Table 11 GOM Borehole Status as of December 9th 2011
Table 12 GOM Expired or Terminated Leases - Borehole Distribution by Region
Table 13 GOM Expired or Terminated Leases - Borehole Distribution by Water Depth
Table 14 ‘Idle Iron’ NTL Simpli� ed
FiguresFigure 1 Distribution of Survey Responses by Job Function
Figure 2 GOM Number of Installed and Decommissioned Platforms from 1943 through 2011
Figure 3 GOM Number Decommissioned Platforms from BOEMRE & BOEM Data 1995 through 2011
Figure 4 Percentage of GOM Structures Decommissioned each Year from 1970 through 2011
Figure 5 Structures Decommissioned and % of GOM Structures Decommissioned from 2000 through 2011
Figure 6 Trend of Installed and Decommissioned Platforms in the GOM
Figure 7 % Change of Installed, Decommissioned and Remaining Platforms Based on Remaining Fleet in the GOM from 2000 through 2011
Figure 8 Top 6 Number of Decommissioned Platforms by Operator over the Last Decade
Figure 9 2011 Decommissioned Market by Operator
Figure 10 Distribution of ‘Deep Water’ Fixed Platforms in GOM with API 2INT-MET Zoning
Figure 11 LARP Ree� ng Trend by Year
Figure 12 LARP Reef Top 20 Number of Donations by Operator
Figure 13 LARP Reef Donations by Platform Type
Figure 14 LARP Reef Donations by Platform Origin Water Depth
Index of Tables and fi gures
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Pages: 70+
Price: $2595 $2145
Release date: 24th January 2012
What the industry thought of the 2011 report:
“The 2011 Gulf of Mexico report was a good report, which provided me with details I needed to plan our offshore work. It was of a high enough standard that I used it to educate the rest of my company. I look forward to the 2012 report to use in our business planning over the next few years.”J. Wittenbraker – CEO, Mactech
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Mexico, North Sea, Asia Paci� c and West Coast of Africa, DecomWorld has access to the key industry experts that can provide the answers to your most pressing challenges.
If you require any more information regarding the Offshore Decommissioning Report 2012-2013, Gulf of Mexico or the services we provide here at DecomWorld, please contact me directly on the details below.
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