Application of NPV Method in Oilfield Well Pattern Design
With the continuously deepen of internationalization degree of oil field exploitation project,economic evaluation plays a vital role during the oil field development. In the process of oil field evaluation, net present value (NPV) is an important index, which reflects the economic benefit as a whole. The paper represented the technical and economical characteristic of Oil field development project and gave out the main economic index calculation method. By analyzing the oilfield investment project, it is suggested that the total net present value should be used to evaluate the economic benefit in oilfield investment project. From the example study, it is found that the results got by the total NPV method is much similar to the results which calculated by intersecting method. The total NPV method is simple compared with other method, and is easily to learn and use in oilfield investment project evaluation.
net present value oilfield economic index well space density economic benefit
PEI Guihong HUANG Xiaolan
Department of Civil Engineering Wuhan Polytechnic University,P.R.China,430023
国际会议
2008 International Conference of Management Science and Engineering(2008管理科学与工程国际学术会议)
河南焦作
英文
645-649
2008-11-01(万方平台首次上网日期,不代表论文的发表时间)