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     Research Journal of Applied Sciences, Engineering and Technology

    Abstract
2014(Vol.7, Issue:16)
Article Information:

The Risk Cost Forecast in Drilling Engineering

Zhao Xiaofeng, Guan Zhichuan, Ke Ke, Zhang Xin and Wu Yanxian
Corresponding Author:  Zhao Xiaofeng 
Submitted: October 31, 2013
Accepted: November 28, 2013
Published: April 25, 2014
Abstract:
Drilling cost affects the investment benefits and program selection of drilling engineering directly. In the process of drilling, the accident time is about 3-8% of total drilling time, having a great influence on the total drilling cost. Based on analysis and adjustment of the traditional drilling engineering cost structure and the classification method, the concept of risk cost was introduced to drilling engineering cost analysis and researched the recognition and measurement of risk cost of drilling engineering, puts forward a scientific basis and analytical means for the optimization and decision-making of program design and tries to establish the theoretical research direction of drilling risk cost of our country.

Key words:  Accident probability, drilling engineering cost, risk cost, , , ,
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Cite this Reference:
Zhao Xiaofeng, Guan Zhichuan, Ke Ke, Zhang Xin and Wu Yanxian, . The Risk Cost Forecast in Drilling Engineering. Research Journal of Applied Sciences, Engineering and Technology, (16): 3391-3394.
ISSN (Online):  2040-7467
ISSN (Print):   2040-7459
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