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OverviewFull Product DetailsAuthor: Sanjib ChowdhuryPublisher: John Wiley & Sons Inc Imprint: John Wiley & Sons Inc Dimensions: Width: 16.30cm , Height: 2.50cm , Length: 24.10cm Weight: 0.689kg ISBN: 9781119100034ISBN 10: 1119100038 Pages: 336 Publication Date: 27 September 2016 Audience: Professional and scholarly , Professional & Vocational Format: Hardback Publisher's Status: Active Availability: Out of stock ![]() The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available. Table of ContentsPreface xv About the Author xvii Acknowledgments xviii 1 Optimization and Business Improvement Studies in Upstream Oil and Gas Industry: An Overview 1 1.1 Introduction, 1 1.2 E&P Activities and Processes, 2 1.3 Need for Optimization in Upstream Industry, 3 1.4 Importance of Creativity and Data Usability for Business Performance Improvement, 4 1.5 Overview of the Book, 5 Review Exercises, 8 References, 8 Further Reading, 9 2 Optimizing Productivity of Drilling Operations 11 2.1 Introduction, 11 2.2 A Brief Note on Drilling Operation and Cost, 12 2.3 Objectives, 15 2.4 Key Observations and Findings, 16 2.5 Human Factors, 21 2.6 Organizational Factors, 25 2.7 Technical Factors, 28 2.8 Benefits and Savings Potential, 32 2.9 Limitations of the Study and Scope for Further Work, 33 2.10 Conclusion, 33 Review Exercises, 35 References and Useful Links, 35 Further Reading, 36 3 A Diagnostic Approach to Optimize Controllable Rig Time Loss 37 3.1 Introduction, 37 3.2 Rig Time Loss and Nonproductive Drilling Time, 38 3.3 Objectives, 39 3.4 Observations, 39 3.5 Waiting on Materials, 42 3.6 Waiting on Decisions, 45 3.7 Waiting on Logging, 46 3.8 Equipment Repair Downtime, 49 3.9 Other Shutdown, 53 3.10 Waiting on Weather, 55 3.11 Conclusion and Scope for Improvement, 57 Review Exercises, 59 References, 59 Further Reading, 59 4 Optimizing G&G Strategies for Deepwater Oil and Gas Exploration 61 4.1 Introduction, 61 4.2 Objectives, 62 4.3 Methodology, 63 4.4 Optimization of G&G Evaluation Time in Deepwater Wells, 65 4.5 Economics of Acquiring LWD for Own Deepwater Rig, 70 4.6 Improve Accuracy of Geological Predictions, 73 4.7 Effect on Downhole Complications due to Variation in formation Pressure, 75 4.8 Slippage in Well Completion Time of Deepwater Wells, 78 4.9 Influence of People’s Factors on the Success of Deepwater Exploration, 80 4.10 Benefits, 81 4.11 Limitations of the Study and Scope for Improvement, 81 4.12 Conclusion, 82 Review Exercises, 83 Further Reading, 84 5 Optimization of Offshore Supply Vessel Fleet Size Using Queuing Theory 85 5.1 Introduction and Background of the Problem, 85 5.2 Objectives, 86 5.3 Waiting Line Model: A Brief Note, 87 5.4 Formulation of the Model, 91 5.5 Results, 93 5.6 Limitations of the Model and Scope for Further Work, 96 5.7 Conclusion, 98 Review Exercises, 99 Appendices, 100 References, 101 Further Reading, 101 6 Standardizing Consumption of HSD, Cement, and Chemicals in Oil/Gas Wells and Rigs 103 6.1 Introduction, 103 6.2 Objectives, 104 6.3 Methodology, 104 6.4 Standardization of HSD Consumption, 105 6.5 Standardization of Oil Well Cement Consumption, 117 6.6 Standardization of Chemical Consumption, 124 6.7 Benefits and Scope for Improvement, 131 6.8 Conclusions, 132 Review Exercises, 134 Appendix, 135 Reference, 135 Further Reading, 135 7 Optimizing Rig Move Time and Activity Schedule Using Critical Path Analysis 137 7.2 Objectives, 139 7.3 A Brief Note on Network Analysis Using PERT/CPM, 139 7.4 Development of Network Analysis Model, 141 7.5 Results and Discussions, 145 7.6 Probability of Completion of Project on Time, 146 7.7 Crashing of Activity and Project Completion Time, 148 7.8 Suggestions, 150 7.9 Limitations of the Study and Scope for Further Work, 151 7.10 Conclusions, 153 Review Exercises, 154 Appendices, 155 References and Useful Links, 165 Further Reading, 165 8 Developing Uniform Standards for Emergency Alarm System and Indicators for Offshore Oil and Gas Installations 167 8.1 Introduction, 167 8.2 Objectives, 168 8.3 Methodology, 169 8.4 Observations, 169 8.5 Deep Dive and Findings, 170 8.6 Recommendations, 173 8.7 Conclusions, 174 Review Exercises, 175 Appendices, 176 References and Useful Links, 180 9 Optimizing Supply Chain Management System of an E&P Company 181 9.1 Introduction, 181 9.2 The Evolution of SCM, 182 9.3 Objectives, 185 9.4 SCM System, 186 9.5 Procurement Group, 188 9.6 Materials Management Group, 200 9.7 SCM Support Group, 206 9.8 Benefits, 209 9.9 The Scope for Further Work, 210 9.10 Conclusions, 211 Review Exercises, 213 References and Useful Links, 213 Further Reading, 214 10 Manpower Optimization and Strategic Workforce Planning 215 10.1 Introduction, 215 10.2 Objectives, 216 10.3 Manpower Planning and Optimization Process, 217 10.4 Methods of Manpower Demand Forecasting, 218 10.5 Other Key Issues in Manpower Planning, 221 10.6 Introduction of Multiskilling and Multidisciplinary Approach, 222 10.7 Rationalization of Disciplines, Trades, and Categories, 225 10.8 A Case Study on Manpower Optimization, 229 10.9 Conclusion, 244 Review Exercises, 246 Appendices, 247 Further Reading, 262 11 Improving Organizational Efficiency through Business Process Simplification 263 11.1 Introduction, 263 11.2 Objectives, 264 11.3 Differences between Business Process Simplification and Business Process Redesign/Reengineering, 265 11.4 Identify Opportunities for Business Process Simplification, 267 11.5 Business Process Simplification: Some Real]Life Examples, 267 11.6 Suggestions for Improvement, 281 11.7 Scope for Further Work, 282 11.8 Conclusion, 283 Review Exercises, 283 References, 284 Further Reading, 284 12 Optimization of Base Oil Price Using Linear Programming 287 12.1 Introduction, 287 12.2 Objectives, 291 12.3 A Brief Note on LP, 292 12.4 Formulation of the Model, 294 12.5 Model Calibration and Execution, 301 12.6 Results, 302 12.7 Limitations of the Model and Scope for Further Work, 308 12.8 Conclusions, 308 Review Exercises, 309 Appendices, 310 References and Useful Links, 313 Index 315ReviewsAuthor InformationSanjib Chowdhury is working in a major oil company and has over thirty years of experience in cross-functional areas of Strategic and Corporate Planning, Optimization and Business Improvement, HR and General Management in Upstream sector. He has held responsible positions and carried out many impressive work and studies in these areas – this book is a testimony of that. He holds B.Tech, M.Tech., and Ph.D. degrees in Industrial Engineering & Management all from Indian Institute of Technology, Kharagpur and published several technical papers in journals of repute. Tab Content 6Author Website:Countries AvailableAll regions |