A statistical solution for cost estimation in oil well drilling

Abstract Drilling operations must be preceded by adequate planning, fulfilling the path to produce hydrocarbons at low and competitive costs. Conventional well planning is based on the personal experience of project engineers, which use information from offset wells to estimate the performances in f...

Full description

Bibliographic Details
Main Authors: Dalmo Souza Amorim Jr., Otto Luiz Alcântara Santos, Ricardo Cabral de Azevedo
Format: Article
Language:English
Published: Fundação Gorceix
Series:REM: International Engineering Journal
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S2448-167X2019000500675&lng=en&tlng=en