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Optimizing capital and time expenditures for drilling service operations

Abstract

The operational efficiency of drilling services operations management are examined. The structure of time expenditure is analyzed for repair operations according to equipment type employed by the Ivano-Frankovsk Drilling Management under the Ukrneft' enterprise during 1977. The results of this analysis are weighed against a series of service operations carried out at industrial enterprises and connected with technical disruptions. Some of the cases examined include service competion operations outside of the industrial units when technical processes are disrupted only for the change of equipment which has outlived its usefulness and is no longer in series production. First of all, time expended for repair work can be reduced to zero during the drilling of shallow wells which do not require extensive drilling time. The actual savings, both in time and money, as far as repair work is concerned, hinges on the actual time factor for total oil depetion. An equation is provided for optimal time expenditure necessary for repair work and equipment replacement. An actual example is given from the Dolinsk UBR (Drillin Management) under the Ukrneft' enterprise where time spent on actual service operations has appeared to be less than the optimal figure cited in the above material. This is  More>>
Publication Date:
Jan 01, 1980
Product Type:
Journal Article
Reference Number:
EDB-84-126253
Resource Relation:
Journal Name: Organ. Upr. Neft. Prom-sti., Nauchno-Ekon. Sb.; (USSR); Journal Volume: 7
Subject:
02 PETROLEUM; DRILLING EQUIPMENT; CAPITALIZED COST; MAINTENANCE; OIL WELLS; WELL DRILLING; WELL SERVICING; USSR; OIL FIELDS; EFFICIENCY; EXPENDITURES; OPTIMIZATION; RESOURCE DEPLETION; TIME DEPENDENCE; ASIA; COST; DRILLING; EASTERN EUROPE; EQUIPMENT; EUROPE; GEOLOGIC DEPOSITS; MINERAL RESOURCES; PETROLEUM DEPOSITS; RESOURCES; WELLS; 020300* - Petroleum- Drilling & Production; 020700 - Petroleum- Economics, Industrial, & Business Aspects
OSTI ID:
6734354
Country of Origin:
USSR
Language:
Russian
Other Identifying Numbers:
Journal ID: CODEN: OUNSA
Submitting Site:
HEDB
Size:
Pages: 2-6
Announcement Date:
Aug 01, 1984

Citation Formats

Zazovskiy, F Ya, and Soltysyak, T I. Optimizing capital and time expenditures for drilling service operations. USSR: N. p., 1980. Web.
Zazovskiy, F Ya, & Soltysyak, T I. Optimizing capital and time expenditures for drilling service operations. USSR.
Zazovskiy, F Ya, and Soltysyak, T I. 1980. "Optimizing capital and time expenditures for drilling service operations." USSR.
@misc{etde_6734354,
title = {Optimizing capital and time expenditures for drilling service operations}
author = {Zazovskiy, F Ya, and Soltysyak, T I}
abstractNote = {The operational efficiency of drilling services operations management are examined. The structure of time expenditure is analyzed for repair operations according to equipment type employed by the Ivano-Frankovsk Drilling Management under the Ukrneft' enterprise during 1977. The results of this analysis are weighed against a series of service operations carried out at industrial enterprises and connected with technical disruptions. Some of the cases examined include service competion operations outside of the industrial units when technical processes are disrupted only for the change of equipment which has outlived its usefulness and is no longer in series production. First of all, time expended for repair work can be reduced to zero during the drilling of shallow wells which do not require extensive drilling time. The actual savings, both in time and money, as far as repair work is concerned, hinges on the actual time factor for total oil depetion. An equation is provided for optimal time expenditure necessary for repair work and equipment replacement. An actual example is given from the Dolinsk UBR (Drillin Management) under the Ukrneft' enterprise where time spent on actual service operations has appeared to be less than the optimal figure cited in the above material. This is possible because of increased capital expenditures.}
journal = []
volume = {7}
journal type = {AC}
place = {USSR}
year = {1980}
month = {Jan}
}