Drilling Cost Reduction: Fundamentals
Discover five critical factors to help reduce drilling costs.
Developed by industry experts, this course will demonstrate to participants how well engineering, commercial practices, procurement, operations management and optimisation can help reduce your drilling costs.
Drilling is increasingly complex with well objectives that can be difficult to achieve and may result in high cost. This course consists of modules that explain the five critical “back to basics” factors to reduce drilling costs:
- Maximise Progress
- Minimise Problems
- Maximise the return on the well
- Select technically acceptable solutions for the lowest well cost
- Eliminate parasitic financial losses
The course content has been developed by a renowned drilling industry professional with more than 35 years of varied global drilling engineering and operations management experience. It gives you practical tips and lessons that can be applied to your drilling projects immediately.
On successful completion of this course, you will be able to:
- Identify the key elements necessary to maximise the Return on Drilling investment
Individuals or organisations who are active in global well engineering and operations management onshore or offshore. [/tab]
Course materials developed by industry experts
RGU Certificate of Completion