Xiaowei Wang*, Jingxuan Dong, Jiapan Liu, Jing Lyu
Engineering Technology Branch of CNOOC Energy Development Co., Ltd, Tianjin, 300450, China.
The development of domestic offshore petroleum engineering is faced with opportunities and challenges under the situation dominated by the seller across the complex international petroleum market. The cost of drilling and well completion accounts for more than half of the budget, also directly affect the feasibility of offshore oilfield development. Therefore, to effectively improve the management level of offshore drilling and well completion, "speed, quality, production and efficiency" are the main problems faced by the workers. The meaning of cost management, and influencing factors, and the current status of drilling cost control has been introduced in this paper. The aim will be to provide reference value for the subsequent development of offshore oil drilling and well completion and the cost management of related oil industry.
Drilling and well completion, Project management, Cost per meter
Xiaowei Wang, Jingxuan Dong, Jiapan Liu, Jing Lyu. Brief Analysis of Cost per Meter Management in Drilling and Well Completion Operations in Bohai Oilfield. Academic Journal of Business & Management (2021) Vol. 3, Issue 3: 59-63. https://doi.org/10.25236/AJBM.2021.030311.
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