Abstract:Well construction is the most expensive stage of oil field development. Oil and gas companies carefully calculate all possible expenditures to assure that the project of well construction and exploitation will be profitable in time. The time for every operation of well construction is strictly regulated. However, in different oil and gas companies time allotted, for example, cementing surface casing or tripping operations can differ significantly. Therefore, some oil and gas companies are unable to calculate t… Show more
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