Civil construction companies often provide decommission and demolition services in the oil and gas industry . It is a detailed, complicated and expensive process. Well site decommissioning involves removing all equipment, tubing and casing. To plug the well, sections of the wellbore are filled with concrete to isolate the flow of reservoir fluids. The surface casing is cut and a cap is welded in place below the ground. Government agencies regulate onshore well decommissioning. Oil companies are usually required to post a bond before a well is drilled. It ensures funds are available to eventually abandon the well. States also set aside funds that can be used to plug and abandon wells. Demolition of oil wells can cost tens of thousands of dollars. Decommissioning is the process used to take a well out of service once its operation costs exceed the revenue it generates. It involves dismantling the production and transportation facilities, plugging and abandoning the well, and restoring th...
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