Abstract:As operating costs escalate and the oil price remaining stubbornly low, now more than at any time in the history of the oil industry the economics of every phase of business must be minutely examined from the exploration and appraisal through to production. In addition to this, another problem arises when dealing with a project such as coiled tubing drilling, as whilst this technology will provide a similar end product to conventional drilling practices it is such a departure from conventional drilling practic… Show more
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