Adapting Corporate Strategies for Energy Transition: A Case Study on Production Liability Management

Abstract

This article analyzes what effects a transition from hydrocarbon investments to renewable alternatives may have on Well Integrity, identifying how organizational changes are required to maintain regulatory compliance and the management of legal and financial responsibilities associated with the production of oil and natural gas., the correct management of risks associated with assets in production and the mitigation of environmental impacts. It is determined through an analysis from the point of view of market margins, incentives, advantages and disadvantages in which O&G organizational area between upstream, midstream and downstream the management functions of investments in renewable alternative energies should focus.