Research Article | OPEN ACCESS
The Risk Cost Forecast in Drilling Engineering
1Zhao Xiaofeng, 1Guan Zhichuan, 2Ke Ke, 1Zhang Xin and 1Wu Yanxian
1School of Petroleum Engineering, China University of Petroleum, Qingdao 266580, China
2Research Institute of Petroleum Engineering, Sinopec, Beijing 100101, China
Research Journal of Applied Sciences, Engineering and Technology 2014 16:3391-3394
Received: October 31, 2013 | Accepted: November 28, 2013 | Published: April 25, 2014
Abstract
Drilling cost affects the investment benefits and program selection of drilling engineering directly. In the process of drilling, the accident time is about 3-8% of total drilling time, having a great influence on the total drilling cost. Based on analysis and adjustment of the traditional drilling engineering cost structure and the classification method, the concept of risk cost was introduced to drilling engineering cost analysis and researched the recognition and measurement of risk cost of drilling engineering, puts forward a scientific basis and analytical means for the optimization and decision-making of program design and tries to establish the theoretical research direction of drilling risk cost of our country.
Keywords:
Accident probability, drilling engineering cost, risk cost,
References
-
Chen, T. and Z. Guan, 2000. Drilling Engineering Theory and Technology. China University of Petroleum Press, Dongying.
-
Dong, S. and R. Cheng, 1994. Discussion on the forecast method of drilling cycle and cost for directional well. Fault-Block Oil Gas Field, 3: 45-49.
-
Hu, Y. and Y. Zhou, 1994. Study of horizontal well drilling cost forecast. Drill. Prod. Technol., 4: 1-4.
-
Ke, K., 2009. Casing program design method for deepwater drilling. China University of Petroleum, Qingdao.
-
Scott, E.H. and R.N. Gregory, 2005. Risk Management and Insurance. Tsinghua University Press, Beijing.
-
Wang, C., 2006. International petroleum drilling cost structure and calculation. Int. Petrol. Econ., 9: 10-12.
Competing interests
The authors have no competing interests.
Open Access Policy
This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
Copyright
The authors have no competing interests.
|
|
 |
ISSN (Online): 2040-7467
ISSN (Print): 2040-7459 |
 |
| Information |
|
|
|
|
| Sales & Services |
|
|
|
|
