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Baker Hughes awarded Equinor contract for P&A work in North Sea

Oil & Gas 360º

(World Oil) – Baker Hughes will provide Equinor plug and abandonment (P&A) services in the Oseberg East field on Norway’s continental shelf. Through this integrated P&A program, Baker Hughes will plug and abandon wells and provide project management services on behalf of Equinor.

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Baker Hughes Scores Plug and Abandonment Job from Equinor

Rigzone

Image by JHVEPhoto via iStock Baker Hughes Company was selected by Equinor ASA to provide plug and abandonment services in the Oseberg East field on Norway’s continental shelf. To manage the project, Baker Hughes said it will set up a Plug and Abandonment Centre of Excellence in Bergen and Stavanger.

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Operators May Earn and Sell Carbon Credits for the P&A of Inactive, Shut-in, or Temporarily Abandoned Wells

The Energy Law

Operators may now have the potential to sell carbon credits in exchange for the P&A of inactive, shut-in, or temporarily abandoned wells. The EPA estimates that there are over 3 million known abandoned and orphaned oil and gas wells (AOOG wells) in the United States. Well Eligibility. Additionality.

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Commissioner of Conservation Issues Letter Addressing Emergency Measures to Help Louisiana Oil and Gas Industry

The Energy Law

Specifically, the letter addressed the following circumstances: Plugging Requirements : Regulations require any well that has been identified by the operator as inactive with no future utility to be placed on a schedule of abandonment or plugged within 90 days.

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