OGA’s “Wells Strategy” encourages collaboration on the UKCSSource: Pixabay

OGA’s “Wells Strategy” encourages collaboration on the UKCS

The Oil and Gas Authority, operating companies and service providers will now make use of new guidelines, forming the framework on how all parties will work together to increase activity and improve performance.

The Wells Strategy document, published by OGA, supports the Maximise Economic Recovery from UK Oil & Gas (MER UK) and Vision 2035 through three complementary strategic themes:

  • regulatory compliance to MER UK, license conditions, data reporting and retention obligations
  • business processes to increase well activity (well construction & intervention) to find and deliver the significant potential resources from the UKCS

performance improvement of all activities throughout the well value cycle, from design to well decommissioning, plug and abandonment (P&A) – to reduce costs and improve recovery.

OGUK Vision 2035. Source: OGA

This document is the result of the OGA’s first Wells Insights Report, published in November 2018, where the need for increased activity and improved well management were distinctively identified, among others.

Wells Insights Report Key findings. Source: OGA

The OGA will work with forums, workgroups, organisations and networks, that deal with well issues covering well life cycle, to agree on the work scope and deliverables, provide technical support and data for analysis.

Steve Phimister, MD Shell UK and champion of the Competitive Well Delivery Task Force addsOGUK’s Competitive Well Delivery initiative is driving improvements in operational performance and increasing well activity to unlock more barrels from the UKCS. Drawing on industry measured performance data, collective effort is now focused on refreshing the program of work to drive further industry progress.”