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Decommissioning & abandonment of Facilities

How do we know that it’s time to begin decommissioning & abandonment of a facilities?

Usually 3-factors that most likely to affect decision for decommissioning & abandonment of a facilities.

That is,

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  1. Safety: The facility is not longer be able to comply with the organization set limit for safety requirement and/or the facility is obsolete and beyond repair.
  2. Economics: Further operation for facility is no longer make economics sense.
  3. Legal: This depend on the host authority regulatory requirement.

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Categories: Oil & Gas Notes

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