Computer High-precision Analysis Method for Economic Life of Oilfield Development

Author:

Wu Yinga

Abstract

Abstract In the feasibility study of oilfield development projects and the management of oil reservoirs, it is necessary to calculate the economic life of oilfield development projects accurately, which is of certain guiding significance for the economic evaluation and decision of such projects. In this paper, the calculation method for the economic life of oil equipment is introduced. Examples of the specific application of the method to the equipment update decision system are illustrated. The backstage database is established to analyze the economic life of oilfield development.

Publisher

IOP Publishing

Subject

General Physics and Astronomy

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