Latin American and Caribbean Petroleum Engineering Conference 1999
DOI: 10.2118/53914-ms
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Cost Reduction in Downhole Completion Equipment Supply: A Case History

Abstract: Effective coordination of the supply of downhole completion equipment is critical for oil and gas companies. The process usually includes planning, procurement, storage, call off and onshore preparation of completion components and assemblies. At current daily costs for rigs and fixed platforms, the consequences of late supply or failure of just one item can be significant and may exceed the original purchase cost of the entire completion. Major completion components include subsurface safety va… Show more

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