2018 priorities and goals
1. Modelling for Cost Reduction – Establish a demonstrable cost estimate range for UKCS decommissioning and identify cost reduction opportunities through consistent estimating methodologies and structure, operator engagement and publishing of cost metrics and benchmarks.
2.Regulation in Practice – Enhance industry understanding of current policies, legislation, and related guidance, and share examples of good practice of cost effective compliance. Hold 4-5 workshops and publish outputs from each, declaring 1-3 top findings to drive cost certainty and reduction.
3. Communication - Develop and implement a Decommissioning Task Force communication plan. Shape and provide input to major decommissioning conferences, develop stakeholder map and identify DTF interfaces, share success stories on decommissioning cost reduction.
4. Establish KPIs – Identify draft KPI’s for measuring progress against the decommissioning cost reduction target