MEETING TODAY’S
DECOMMISSIONING
CHALLENGE
We assume operatorship of late-life oil and gas assets for the sole purpose of safe, cost-efficient, timely, and ESG focused decommissioning.
MEETING TODAY’S
TODAY’S
DECOMMISSIONING
CHALLENGE
A growing worldwide demand for responsible decommissioning of oil and gas facilities meeting regulatory requirements and addressing societal expectations.
Oil and gas operators targeting timely and predictable decommissioning with minimized environmental footprint, emissions and costs, and their reputation protected.
HOW DOES PROMETHEAN MEET THIS CHALLENGE?
WE ARE AN
OUTSOURCED
DECOMMISSIONING
OPERATOR
Pioneers in the Outsourced Decommissioning Operator/Service Business Model
We assume operatorship of late-life oil and gas assets and deliver safe, cost-efficient, timely decommissioning, shaped by strong environmental, social and governance standards.
And we meet this challenge via our Integrated Operating/Service Model.
INTEGRATED OPERATING/SERVICE MODEL
As an innovative Outsourced Decommissioning Operator, we apply robust governance and integrate data, technologies, best practices, continuous improvement, and environmental excellence.
Our priorities are safety, protecting the environment, and cost efficiency.
WE ARE REINVENTING THE DECOMMISSIONING INDUSTRY
COST MINIMIZATION ENABLERS
Integrated Operating/
Service Business Model
Service Business Model
Innovative Insurance
and Financial Assurance
and Financial Assurance
Lean Integrated Team
Appropriate Standards
Collaborative and
Sustainable Contracting
Sustainable Contracting
Integrated Risk and
Data Management
Data Management
Inclusive
Stakeholder
Management
Stakeholder
Management
Best Practice and
Technology-Driven
Technology-Driven
BEST IN CLASS
Our exceptional team brings strong expertise in operations, HSE, project management, technology, risk management, regulatory compliance, and environmental stewardship.
We are a fully integrated team with strong strategic alliances with global services providers.
OUR PEOPLE
ADITYA SINGH
CHAIRMAN AND PRESIDENT
STEVE LOUIS
CHIEF EXECUTIVE OFFICER
STEVE SHATTO
CHIEF FINANCE OFFICER
CLINT BOMAN
Operational Excellence & HSE
BRUCE CRAGER
SENIOR ADVISOR / SME
PANOS E CAVOULACOS PhD
SENIOR ADVISOR SPECIAL PROJECTS
SCHERIE DOUGLAS
REGULATORY
NICK WELCH
COMMUNICATIONS & STAKEHOLDER MANAGEMENT
DON PORTEOUS
LEGAL SERVICES / LANDMAN / CONTRACTS
AMBER SPARKS
ENVIRONMENT / RIGS TO REEFS
EMILY HAZELWOOD
ENVIRONMENT / RIGS TO REEFS
ELLIS MCCONN
INSURANCE
JACK MEIKLE
INSURANCE
REBECCA GOMEZ
REGULATORY
MARK PATTESON
WELLS ADVISOR
BOARD OF ADVISORS
JIM CHRISTIE
PDC Board of Advisors
Alex Moody-Stuart
PDC Board of Advisors
OUR PARTNERS
Our strategic partners include Endeavor, JCC, CAC Specialty, and Blue Latitudes.
OUR PORTFOLIO
- 10 LEASES
- 10 PLATFORMS
- 32 PIPELINE
SEGMENTS - 196 WELLS
- 10’-900’ WATER
DEPTH
RAPID INITIAL MOBILIZATION
OFFSHORE EXECUTION COMMENCED
WITHIN 100 DAYS
1
team Populated
COUNTERPARTY
CONTRACT AGREED
CONTRACT AGREED
2
3
Alliance
AGREEMENT FINALIZED
AGREEMENT FINALIZED
insurance and regulatory requirements Put in place
4
5
Risk reviews and safety training complete
Launch Program
Management
Management
6
7
TEAMS Mobilized to
assets for assessments
assets for assessments
MAKE SAFE PLATFORMS
AND WELLS
AND WELLS
8
9
Offshore Decommissioning Commenced
FASTER MOBILIZATIONS FOR SUBSEQUENT COUNTERPARTIES
OFFSHORE EXECUTION WITHIN 60 DAYS FOR FUTURE PROGRAMS
EARNING TRUST, MEETING THE DECOMMISSIONING CHALLENGE
We welcome the opportunity to focus on the decommissioning needs and expectations of oil and gas operators and society as a whole – supporting an orderly energy transition.
We firmly believe that our integrated Operating/Service model makes us stand out from alternative solutions.
Oil companies can have the confidence to outsource their decommissioning operations to PDC and focus on their core business, optimizing the deployment of their internal technical and management resources.