Decommissioning is the process of returning a project to a safe and environmentally compliant condition when operations cease. Examples include, but are not limited to, the removal of surface facilities, wellbore plugging procedures, and environmental remediation. In some instances, there may be salvage value associated with the equipment removed.
In the UK sector of the North Sea, there is a clearly defined regulatory regime controlling the decommissioning of offshore oil and gas installations. Under law it is a requirement to decommission offshore facilities at the end of their producing life. Before work can proceed the Decommissioning Programmes must be approved by the regulatory bodies and can only be prepared following engagement with all stakeholders. RockRose is committed to communicating openly and clearly throughout this process.
As a non-operator of mid to late life assets, RockRose is very aware of the challenges posed by decommissioning. Decommissioning programmes are being developed in accordance with the relevant legislation and are based on assessments of the safety, technical, environmental, socio-economic and financial aspects of decommissioning.
Further information regarding decommissioning can be found on the following industry websites: