Despite the uncertainty around the future of the Oil and Gas industry, one thing is clear: Oil and gas companies across the world are legally required to remove their facilities, post-production. As a result, literally millions of oil and gas wells across the globe will need to be plugged and abandoned over the coming decades.
In Norway alone, a recent study estimated the cost for plugging all the wells on the Norwegian Continental Shelf at over 800 billion Norwegian Kroner.
The Go Radical P&A project has one fundamental goal: Delivering radically new technical solutions that will enable a step change reduction (>50%) in the environmental footprint and cost to perform the P&A of oil and gas wells worldwide, while ensuring the prevention of longer-term leakage from abandoned wells.
We realize this to be an extremely ambitious goal, and this is why we plan to collaborate with radical thinkers from multiple sectors on a global scale.
The Go Radical P&A team are looking for partners to develop radical solutions that will enable a step change improvement in well plugging operations. Typical focus areas are wellbore access techniques, barrier/plugging solutions, barrier placement techniques, barrier verification techniques and relevant operational services.
The project is adopting the Norwegian oil company Equinor's business improvement process "Go Radical" with the aim of driving radical thinking to deliver radical solutions.
We anticipate that the practical solution will take the form of a "toolbox" of solutions whereby any plugging project could select the relevant "tools" to support their specific project.
We believe in the concept of some form of partnership, comprising several technical solutions and operational service providers, that would work together collaboratively to deliver a package / toolbox of solutions and services for future plugging operations.
Energy Transition Norway and the GRaPA project is pleased to announce that we have confirmed support for our continued work during 2024 to deliver radical improvement in P&A operational performance. GRaPA would like to thank Equinor and Total Energies for their continued confidence in the GRaPA project.
Energy Transition Norway management and the GRaPA project team recently met with key representatives from Australian diplomatic, business and decommissioning organisations to discuss the strategy and activities driving both the ETN organization and the GRaPA project.
