Published September 2015

The dependence of production time on well depth

O.S. Huseynov

Drilling is a complicated technological process. The well depth, complications during drilling, technique and technology development, organizational and other factors influence the drilling indicators. The well drilling is connected with time and labor expenditures, that is why these factors affect all technical-economical indicators and get high significance. The important issue is the influence of drilling depth increase on technical-economical indicators of drilling works. The capacity of capital investment in drilling works, technical refurbishment of major stocks in oil development, logistic problems solution and other works planning depend on definition of this relation.