Plugging & Abandonment Collaborative Environment (PACE) is a new industry network that aims to promote collaboration on plugging & abandonment within the oil and gas industry in order to:
- Increase awareness of the global regulations
- Understand capabilities of current and emerging technology
- Share knowledge and experiences to improve operational best practice
- Collaborate on cost effective solutions to common technical challenges
Managed by OTM Networks, founding members include ConocoPhillips, DNV GL, ExxonMobil and GE Oil & Gas.