All Days 2014
DOI: 10.2523/iptc-18243-ms
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Reservoir Engineering Aspect of Well Construction for Cost Effective Field Development: Advances in Drainage Point Selection

Abstract: It shall never be over-emphasized that the balance of cost and value is very crucial in determining the commercial feasibility of a field development or redevelopment project. The values are generated by wells that could fetch higher productivity and could effectively drain out larger reservoir hydrocarbon fluid volume. Well drilling and completion costs and their surface production supporting facilities costs have been steadily increasing in recent years. Subsurface engineering studies shall therefore also fo… Show more

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“…1 In most offshore field development cases, the major portion of the total project cost is for equipment and installation of the required surface support facilities and transportation system. This entails the determination of the optimum reservoir drainage and injection points (Ref.…”
Section: Introductionmentioning
confidence: 99%
“…1 In most offshore field development cases, the major portion of the total project cost is for equipment and installation of the required surface support facilities and transportation system. This entails the determination of the optimum reservoir drainage and injection points (Ref.…”
Section: Introductionmentioning
confidence: 99%