Faster drilling with experience?

Drilling expenses has increased sharply in recent years. The productivity of drilling operations - in terms of meters drilled per day - significantly influences exploration costs. This study analyzes the effect of different types of learning on offshore drilling productivity. The econometric analysis employs a large data set on exploration wells from the Norwegian Continental Shelf. Many other industries have a steep learning curve...

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Year of publication:	2010-07-01
Authors:	Osmundsen, Petter ; Roll, Kristin Helen ; Tveterås, Ragnar
Institutions:	Universitetet <Stavanger> / School of Business Administration
Subject:	Lernkurve \| learning \| Prospektion \| exploration costs \| Erdölgewinnung \| Conventional and non-conventional oil

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Extent:	411648 bytes 35 p. application/pdf
Series:	Universitetet i Stavanger - School of Business Administration - Publications UiS Working Papers in Economics and Finance ; 7/2010
Type of publication:	Book / Working Paper
Language:	English
Classification:	Strategic planning ; Cost accounting and results account ; Individual Working Papers, Preprints ; Norway
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10009305188