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Estimating Drilling Cost and Duration Using Copulas Dependencies Models

Estimation of drilling budget and duration is a high-level challenge for oil and gas industry. This is due to the many uncertain activities in the drilling procedure such as material prices, overhead cost, inflation, oil prices, well type, and depth of drilling. Therefore, it is essential to conside...

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Hlavní autoři: M. Al Kindi, M. Al-Lawati, N. Al-Azri
Médium: Artigo
Jazyk:Inglês
Vydáno: Sultan Qaboos University 2017-03-01
Edice:The Journal of Engineering Research
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On-line přístup:https://journals.squ.edu.om/index.php/tjer/article/view/182
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