Method for determining a set of net present values to influence the drilling of a wellbore and increase production

A method is disclosed for modeling a first reservoir while drilling a wellbore into a corresponding second reservoir, the first reservoir having a plurality of stations, comprising: determining a plurality of values of net present value corresponding, respectively, to the plurality of stations of th...

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Main Authors JEFFREY SPATH, GREGORY P GROVE, LUCA ORTENZI, R K MICHAEL THAMBY-NAYAGAM, JOSEPH A AYOUB, ANDREW CARNEGIE, ROGER GRIFFITHS, RAJ BANERJEE
Format Patent
LanguageEnglish
Published 24.04.2013
Subjects
EARTH DRILLING
EARTH DRILLING, e.g. DEEP DRILLING
FIXED CONSTRUCTIONS
MINING
OBTAINING OIL, GAS, WATER, SOLUBLE OR MELTABLE MATERIALS OR ASLURRY OF MINERALS FROM WELLS
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Summary:A method is disclosed for modeling a first reservoir while drilling a wellbore into a corresponding second reservoir, the first reservoir having a plurality of stations, comprising: determining a plurality of values of net present value corresponding, respectively, to the plurality of stations of the first reservoir; and drilling the wellbore into the corresponding second reservoir in accordance with the plurality of values of net present value.
Bibliography:Application Number: GB20120017564