Uncertainty Quantification and Calibration in Well Construction Cost Estimates
The feasibility and success of petroleum development projects depend to a large degree on well construction costs. Well construction cost estimates often contain high levels of uncertainty. In many cases, these costs have been estimated using deterministic methods that do not reliably account for un...
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Format: | Others |
Language: | en |
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2013
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Online Access: | http://hdl.handle.net/1969.1/151343 |