A statistical solution for cost estimation in oil well drilling
Autor(a) principal: | |
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Data de Publicação: | 2019 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | REM - International Engineering Journal |
Texto Completo: | http://old.scielo.br/scielo.php?script=sci_arttext&pid=S2448-167X2019000500675 |
Resumo: | Abstract Drilling operations must be preceded by adequate planning, fulfilling the path to produce hydrocarbons at low and competitive costs. Conventional well planning is based on the personal experience of project engineers, which use information from offset wells to estimate the performances in future wells. This article reviews and discusses a published statistical methodology for planning upcoming oil wells. The statistical approach incorporates uncertainties of the process, reducing the relevance of personal decisions and supporting the staff with more realistic cost estimations. A reliable project can reduce unexpected expenditures in a long-term campaign and shorten the learning time, resulting in improved cost prediction and a better-fitted calendar. An expressive database, containing information from an onshore field in Brazil, yields a case study to demonstrate the benefits of this approach for the development of new drilling projects. The solution presented supports a more precise planning of costs, the improvement of technical limits and the development of different technologies in drilling operations in future wells. |
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REM - International Engineering Journal |
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A statistical solution for cost estimation in oil well drillinggeosciencescost per meterleast squaresAmorim curveAbstract Drilling operations must be preceded by adequate planning, fulfilling the path to produce hydrocarbons at low and competitive costs. Conventional well planning is based on the personal experience of project engineers, which use information from offset wells to estimate the performances in future wells. This article reviews and discusses a published statistical methodology for planning upcoming oil wells. The statistical approach incorporates uncertainties of the process, reducing the relevance of personal decisions and supporting the staff with more realistic cost estimations. A reliable project can reduce unexpected expenditures in a long-term campaign and shorten the learning time, resulting in improved cost prediction and a better-fitted calendar. An expressive database, containing information from an onshore field in Brazil, yields a case study to demonstrate the benefits of this approach for the development of new drilling projects. The solution presented supports a more precise planning of costs, the improvement of technical limits and the development of different technologies in drilling operations in future wells.Fundação Gorceix2019-10-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S2448-167X2019000500675REM - International Engineering Journal v.72 n.4 2019reponame:REM - International Engineering Journalinstname:Fundação Gorceix (FG)instacron:FG10.1590/0370-44672018720183info:eu-repo/semantics/openAccessAmorim Jr.,Dalmo SouzaSantos,Otto Luiz AlcântaraAzevedo,Ricardo Cabral deeng2020-07-24T00:00:00Zoai:scielo:S2448-167X2019000500675Revistahttps://www.rem.com.br/?lang=pt-brPRIhttps://old.scielo.br/oai/scielo-oai.php||editor@rem.com.br2448-167X2448-167Xopendoar:2020-07-24T00:00REM - International Engineering Journal - Fundação Gorceix (FG)false |
dc.title.none.fl_str_mv |
A statistical solution for cost estimation in oil well drilling |
title |
A statistical solution for cost estimation in oil well drilling |
spellingShingle |
A statistical solution for cost estimation in oil well drilling Amorim Jr.,Dalmo Souza geosciences cost per meter least squares Amorim curve |
title_short |
A statistical solution for cost estimation in oil well drilling |
title_full |
A statistical solution for cost estimation in oil well drilling |
title_fullStr |
A statistical solution for cost estimation in oil well drilling |
title_full_unstemmed |
A statistical solution for cost estimation in oil well drilling |
title_sort |
A statistical solution for cost estimation in oil well drilling |
author |
Amorim Jr.,Dalmo Souza |
author_facet |
Amorim Jr.,Dalmo Souza Santos,Otto Luiz Alcântara Azevedo,Ricardo Cabral de |
author_role |
author |
author2 |
Santos,Otto Luiz Alcântara Azevedo,Ricardo Cabral de |
author2_role |
author author |
dc.contributor.author.fl_str_mv |
Amorim Jr.,Dalmo Souza Santos,Otto Luiz Alcântara Azevedo,Ricardo Cabral de |
dc.subject.por.fl_str_mv |
geosciences cost per meter least squares Amorim curve |
topic |
geosciences cost per meter least squares Amorim curve |
description |
Abstract Drilling operations must be preceded by adequate planning, fulfilling the path to produce hydrocarbons at low and competitive costs. Conventional well planning is based on the personal experience of project engineers, which use information from offset wells to estimate the performances in future wells. This article reviews and discusses a published statistical methodology for planning upcoming oil wells. The statistical approach incorporates uncertainties of the process, reducing the relevance of personal decisions and supporting the staff with more realistic cost estimations. A reliable project can reduce unexpected expenditures in a long-term campaign and shorten the learning time, resulting in improved cost prediction and a better-fitted calendar. An expressive database, containing information from an onshore field in Brazil, yields a case study to demonstrate the benefits of this approach for the development of new drilling projects. The solution presented supports a more precise planning of costs, the improvement of technical limits and the development of different technologies in drilling operations in future wells. |
publishDate |
2019 |
dc.date.none.fl_str_mv |
2019-10-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S2448-167X2019000500675 |
url |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S2448-167X2019000500675 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
10.1590/0370-44672018720183 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
text/html |
dc.publisher.none.fl_str_mv |
Fundação Gorceix |
publisher.none.fl_str_mv |
Fundação Gorceix |
dc.source.none.fl_str_mv |
REM - International Engineering Journal v.72 n.4 2019 reponame:REM - International Engineering Journal instname:Fundação Gorceix (FG) instacron:FG |
instname_str |
Fundação Gorceix (FG) |
instacron_str |
FG |
institution |
FG |
reponame_str |
REM - International Engineering Journal |
collection |
REM - International Engineering Journal |
repository.name.fl_str_mv |
REM - International Engineering Journal - Fundação Gorceix (FG) |
repository.mail.fl_str_mv |
||editor@rem.com.br |
_version_ |
1754734691437510656 |