Abstract

Today drilling wells is one of the biggest capital expenditures and is employed starting from exploration, delineation, initial wells for production, and fresh production incorporation when existing wells production have declined. The estimated cost for drilling new wells in Ayatsil field is around 25 MM$, which requires a high level of decision to achieve production goals without exceeding the budget assigned. Therefore, to make the right decision requires an integration of multidisciplinary group of specialists (geologists, geomechanics, reservoir, production and drilling engineers) from well design to execution phases.

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