Abandoned and inactive wells

In this IIL energy webinar, Jake Hannath discusses how oil and gas wells should be properly shut-in, suspended and plugged and abandoned, following which he will run through some case studies and statistics where well control insurance claims have been made against abandoned and inactive wells.

As the oil and gas industry begins to transition from a decades-long era of exploration and production to one of decommissioning, a significant number of oil and gas wells need to be plugged and abandoned. Some of these wells have been inactive for many years, and their downhole condition is unknown. Others have already been plugged and abandoned for decades, only to be found leaking when the field is being surveyed for decommissioning.

In this webinar, Jake sets the scene by providing details on the estimated number of abandoned and inactive wells in existence, and the number of wells that will require plugging and abandonment in the near future. Jake will then discuss how a well should be properly shut-in, suspended and plugged and abandoned, and run through some case studies and statistics where well control insurance claims have been made against abandoned and inactive wells.

Learning objectives:

• Terminology and definitions for the different states of abandoned and inactive wells by different global regulatory bodies
• How many abandoned and inactive wells exist globally
• How oil and gas wells should be shut-in, suspended, and plugged & abandoned
• Understanding permanent well barriers
• Incidents and claims arising from abandoned and inactive wells

Chair: Kimberley Hallam ACII, Underwriter, QBE

You will be sent a confirmation email shortly after booking. If you have not received this within one hour, please contact Patricia Pedraza (020 7397 3911).

To view our image and video capture consent statement, please click here.