Qi Wang
Abstract
Well spacing density is a very important index in oilfield development planning and well spacing designing. This paper considers every factor affecting the well spacing density, uses net present value to improve the method for calculating economy rational well spacing density of matured oilfield.
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Well spacing density is a very important index in oilfield development planning and well spacing designing. This paper considers every factor affecting the well spacing density, uses net present value to improve the method for calculating economy rational well spacing density of matured oilfield.
Key concepts: Value (mathematics), Petroleum engineering, Engineering, Mathematics, Statistics