The successful development of new oil and gas fields is a vital part of ensuring the Maximum Economic Recovery (MER) of hydrocarbons from the UK Continental Shelf (UKCS). Development projects not only add barrels of production, but also help sustain thousands of engineering and fabrication jobs across the supply chain.
The OGA carried out analysis of 58 major projects executed over the past five years. This analysis shows a trend of cost over-run and delay in project delivery. In order to determine how projects could be better executed in the UKCS, a series of structured Lessons Learned events were held on 11 different projects.
This publication presents common lessons harvested from these reviews and summarises recommendations that, if implemented, should improve future project delivery on the UKCS.
Lessons Learned from UKCS oil and gas projects 2011-2016
Lessons Learned from UKCS oil and gas projects 2011-2016Download PDF | 794KB | 30 pages