... to incorporate the impact of risks and uncertainties on the project. While there are established methodologies for incorporating uncertainties into production forecasts and risks into cost and schedule estimates, there is no established methodology for quantifying the impact of subsurface, drilling...

... from the arbitrary geometric placement. Such an optimized plan can allow placement of productive wells and frac stages and thereby enhancing productivity and reducing well drilling and stimulation expenses. The key is effective cost reduction. The paper illustrates the well placement optimization...

... Abstract The E&P industry all over the world is awakening to the new technology discipline of Geomechanics, recognizing its importance in every operation of hydrocarbons exploitation, from drilling to production. There are specific applications in the early stage of exploitation, e.g...

... Abstract The SAVA01 well was the first well drilled in 2009 for the development of the Savonette field, with an expected deliverability of 250 mmscfd. During drilling of the well, an unsuccessful gravel pack job resulted in the well being plugged back in preparation for sidetracking. The well...

.... These technologies will include cutting-edge sub-surface mapping and geologic evaluation techniques as well as well construction, drilling and completion capabilities. Also included in the paper will be a description of the collaborative decision making process that will be utilized to plan and execute this field...

... made with other modern studies which adopted on the same field. water injection reservoir simulation optimization problem injection npv abandonment time day water injection infill drilling infill well optimum abandonment time cumulative oil production drilling spe 132303 main pay...

... to efficiently exploit these mature blocks by optimizing current production operations, performing recompletions, in-fill drilling but most importantly by adding significant reserves through EOR projects. Many modern considerations within the feasibility stage through to health, safety and environment...