Abstract: Subsea wells are drilled and completed with an offshore floating platform in a manner that allows simultaneous work on more than one well. A first well is drilled and casing. Then a tubing hanger is run through a drilling riser and landed in the wellhead housing. Then, with the same floating platform, the drilling riser is disconnected and moved to a second well. While performing operations on the second well, the operator lowers a production tree from the floating platform on a lift line, and connects it to the first wellhead housing. An ROV assisted subsea plug removal tool is used for plug removal and setting operations required through the production tree.