Abstract
The subject of field decommissioning has many dimensions. In this chapter the economic and fiscal aspects relating to the situation in the UKCS are examined. The specific issues analysed are (1) economic criteria for optimising the timing of decommissioning of individual fields including mothballing aspects, (2) the likely timing and aggregate expenditures on decommissioning activities in the UKCS, (3) the operation of the system of tax reliefs for the expenditures involved, and (4) decommissioning aspects of the re-use of facilities.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 1998 Springer-Verlag London Limited
About this paper
Cite this paper
Kemp, A.G., Stephen, L. (1998). Economic and Fiscal Aspects of Decommissioning Offshore Structures. In: Gorman, D.G., Neilson, J. (eds) Decommissioning Offshore Structures. Environmental Engineering. Springer, London. https://doi.org/10.1007/978-1-4471-1552-6_4
Download citation
DOI: https://doi.org/10.1007/978-1-4471-1552-6_4
Publisher Name: Springer, London
Print ISBN: 978-1-4471-1554-0
Online ISBN: 978-1-4471-1552-6
eBook Packages: Springer Book Archive