Predictability of well construction time with multivariate probabilistic approach

Current univariate approach to predict the probability of well construction time has limited accuracy due to the fact that it ignores key factors affecting the time. In this study, we propose a multivariate probabilistic approach to predict the risks of well construction time. It takes advantage of...

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Bibliographic Details
Main Authors: Quang-Hung LUU, Man Fai LAU, Sebastian P.H. NG, Clement P.W. TING, Reuben WEE, Patrick H.H. THEN
Format: Article
Language:English
Published: KeAi Communications Co., Ltd. 2021-08-01
Series:Petroleum Exploration and Development
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S1876380421600836