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【精选】9-CostControl
Cost ControlCost Control
Dr.Robello SamuelDr.Robello Samuel
Well Planning…
• Primary consideration in the planning of drilling well is
economics. So cost analysis is very much required for
the completion of a well. Economic feasibility is
established from cost estimation.
• AFE (Authorization for Expenditure) is an effective
method of accounting the expenditures involved in
drilling and completing the well. This gives the detailed
cost estimate for a well.
• Optimized drilling program to achieve cost control
Well Planning…
• Area Geology
• Formation pore pressure and fracture prediction
• Logging program
• Casing program
• Mud program
• Cementing program
• Casing running and handling
• Wellcontrol equipment and procedure
• Bottom-hole assemblies
• Hydraulics
• Drillbit program
• Drilling Rig
Drilling Time curve…
A drilling time curve should be included in the program
planning and compared daily with the actual progress.
When the differences occur between the predicted and
actual corrective measures should be taken.
actual
Depth in ft
planned
Days/$
Well Cost Estimation…
• Overall well cost excluding the production may be
expressed as follows:
C = C + C
wdo d o
C is the cost of drilling a foot of hole that includes
d bit cost and rig rental cost
C is related to all other cost to make the hole such as
o casings, muds, drillstring, cementing, logging..etc
Drill Cost Analysis…
Synthesis of cost
1. Drill bit cost
2. Rig cost
3. Cost of rotating time
4. Cost of connec
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