Well Cost Control and Forecasting

Cost control and accurate forecasting are essential for managing well construction and ensuring project profitability. This webinar provides an overview of methods used to estimate, monitor, and optimize well costs throughout the drilling and completion process. Participants will learn practical techniques for budgeting, cost tracking, and identifying areas for efficiency improvement while maintaining operational and safety standards.
Webinar Objectives
• Understand the fundamentals of well cost structure and key cost drivers.
• Review methods for cost estimation and forecasting in well planning.
• Explore techniques for monitoring and controlling expenditures during operations.
• Identify strategies to improve efficiency and reduce overall well costs.
About the Presenter
The presenter is an experienced drilling and project management professional with a strong background in well planning, cost control, and operational efficiency. Their expertise spans cost estimation, performance benchmarking, and financial management of drilling programs, ensuring participants gain practical knowledge applicable to real-world projects.
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Time : 9 PM Indian Time | Duration : 90 Minutes

Advanced Drilling and Completion Techniques
This webinar explores modern drilling and completion practices that enhance efficiency, reduce operational risks, and maximize reservoir productivity. Participants will gain insights into innovative technologies, design strategies, and case applications that are reshaping drilling and completion operations in today’s oil and gas industry.