Abstract:
This paper simplifies the Data Envelopment Analysis (DEA) process to the planning of well-drilling operations. It presents an examination of the applicability of DEA to the better planning of well-drilling operations from the managerial point of view. The method can introduce preference individual input levels over alternative path to efficiency. The study focuses on three types of categorized indices in well-drilling program, represented by the well-drilling cost, time and depth for the determination of how far well-drilling resources can increase while still serving as efficient. The data analyses and results based on 35-drilled wells are presented along with their specifications.
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