Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
In Part 1, we covered basics of Conformance Diagnostics. Part 2 connected the problem to an effective solution. In this article, we review the proper elements of Benefit Analysis.
Although the elements of this review are very basic, they allow us to streamline the process and generate a simple, economic screening tool to more accurately show the true benefit. The thoughts and ideas presented are designed to assist you in working through the process of Conformance Engineering, and we hope they will be a catalyst for further discussion.
ANALYZING THE ECONOMIC BENEFIT
When considering all of the benefits from controlling unwanted water or gas, it is often difficult to generate a financial analysis that is simple, complete and yet accurate in its assessment. The method that follows generates economic benefit from conformance work that will simplify the analysis and incorporate more of the overall benefit than is usually considered.
This area of the site is restricted.
In order to gain access, please either Log
In, or subscribe to World Oil.
Two options are available to you for creating an account.
1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.
Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.
2. Purchase a subscription to World Oil magazine and gain immediate
and complete access to World Oil Online. As a Total Access subscriber
you will have access to all areas of the site available to registered users and
free subscribers as well as having access to such premium content areas as:
Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.
If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
Kuala Lumpur - March 25-28
The Woodlands, TX - April 1-3
Houston, TX - April 6-9
All material subject to strictly enforced copyright laws.
© 2014 World Oil. © 2014 Gulf Publishing Company.