Day 3 Wed, November 14, 2018 2018
DOI: 10.2118/192775-ms
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Enhanced Life Cycle Costing Approach to Tubing Material Selection - New Cost and Revenue Drivers Identified from Experience with Non-Metallics Downhole

Abstract: ISO 15663 Lifecycle cost (LCC) analysis principles are commonly applied to evaluate the viability of downhole tubing materials. This includes the initial CAPEX, operating or maintenance OPEX, Replacement costs and Revenue impact of tubing failure. Increased implementation of Glass Re-informed Epoxy (GRE) Lined tubing has provided significant evidence of flow assurance benefits of the system. This paper will present a modern adaptation of LCC analysis based on operator data and quantification of these benefits … Show more

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