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Home›Business & Finance›OGTC Gets Positive Response to Its First ‘Call for Ideas’
Business & Finance

June 14, 2017 · about 9 years ago

OGTC Gets Positive Response to Its First ‘Call for Ideas’

The oil and gas industry has said it may be one step closer to transforming well plug and abandonment (P&A) as 45 potential solutions were submitted for its first ‘Call for Ideas’. The OGTC received ideas and concepts that could have a material impact on this transformation, against three specific t

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The oil and gas industry has said it may be one step closer to transforming well plug and abandonment (P&A) as 45 potential solutions were submitted for its first ‘Call for Ideas’.

The OGTC received ideas and concepts that could have a material impact on this transformation, against three specific themes: modelling the probability of hydrocarbon flow to the surface; verification of permanent barriers; and new barriers – placement and materials.

Applicants now have three stages to navigate if they’re to grab a slice of the c.£1 million fund:

Malcolm Banks , well construction solution centre manager for the Oil & Gas Technology Centre, said: “We’re delighted with the response to our first Call for Ideas. There is an urgency from industry to find more cost-effective and efficient methods of P&A and we hope the ideas submitted are the next step in delivering this.

“We received a wide range of ideas across the three themes and we look forward to working with our expert panel to review these in the coming weeks.”

The OGTC two further Calls for Ideas ongoing, focused on using robotics to enhance pressure vessel and tank integrity, and solutions which could help unlock the 225 marginal discoveries in small pools across the UK Continental Shelf (UKCS). More information can be found on our website.

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