The uncertainty arising from the poor predictability of overpressure and its impact on drilling costs and prospect evaluation is a global problem facing all explorationists. There exists no industry consistent methodology for assessing these uncertainties and associated risks. This paper illustrates such a decision and risk analysis methodology through reference to the application of the process to a specific exploration prospect with a perceived high risk of overpressure. Although the case history was assessed prior to drilling, the process has the potential to be developed into a robust framework within which real-time decisions can be made. The risk analysis technique...
Research Article|June 01, 2004
Interval probability process mapping as a tool for drilling decisions analysis—the R&D perspective
The Leading Edge (2004) 23 (6): 558-564.
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Kevin Dodds, Alistair Fletcher; Interval probability process mapping as a tool for drilling decisions analysis—the R&D perspective. The Leading Edge ; 23 (6): 558–564. doi: https://doi.org/10.1190/1.1766239
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