Time and Cost Estimation
Summary
This module will give learners a grasp of the main features of well time and cost estimation, including their importance in well planning.
Sub-modules include:
- Well Time Estimates
- Well Cost Estimates
- Cost Control
Learning outcomes
- Understands the factors affecting well timings and how they influence well cost
- Understands tangible and intangible costs associated with well operations
- Understands the systems for managing well costs
Related modules
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Conceptual Design Well Planning
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Material Procurement Well Planning
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Detailed Drilling Programmes Well Planning
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