13 February 2019
As established operators look to divest their "brown-field" assets, new operators are jumping at the opportunity to purchase and extend the life of these fields. Deals in the UK sector alone surpassed $8 billion in 2017. However, purchasing an asset and taking on operatorship is a complex process that requires robust due-diligence and a well-considered transition plan to ensure that production goals are achieved.
Download our latest guide which identifies the challenges, risks and solutions to help you deliver a successful asset transfer project. You'll be given a full run down of what's required for a successful transition plan, from regulatory compliance, people and management systems to reservoir management, asset integrity and decommissioning liability.