Oil & Gas
North Sea Late-Life Due Diligence
Net Cost of Abandonment
Remaining Producing Life
Potential Liability Deferral
Valuing Decommissioning Deferral.
A detailed due diligence project looking at cost of decommissioning for an expansive North Sea portfolio.
Detailed evaluation of likely costs and timing of decommissioning to incorporate into asset valuation.
At face value, decommissioning activities.
ERCE provided opinions on potential upside including infrastructure re-use based on current integrity, CCS, further study work and contract optimisations.
Integrated project by geoscientists, reservoir engineers, facilities engineers and economists looking at the value of remaining reserves, potential upsides, cost verification, facilities integrity and infrastructure reuse.