Day 2 Tue, November 15, 2016 2016
DOI: 10.2523/iptc-18964-ms
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Hybrid Intelligent Decision Support System for Drill Rig Performance Analysis and Selection During Well Construction

Abstract: Drilling rig selection is one the major bottom line during the development phase of hydrocarbons or geothermal well based on comprehensive consideration of a variety of factors for its purpose. The process of drilling a well is highly cost as it involves hiring a drilling rig and crew for the duration of drilling the well. Problem of drilling rig performance and selection has always been viewed as the most important responsibility during the well design phase of a field development, this is mainly caused due t… Show more

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Cited by 2 publications
(1 citation statement)
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“…On the other hand, the reliability of decision information and the experience of experts are still in need of better incorporation into modelling complex decision-making processes [4]. For instance, how self-confident in their choices are stakeholders as decision makers and how much knowledge experts as financial analysts have in appropriate asset classes and markets [5]. Moreover, established TOPSIS methods have a very low transparency level and consequently are not able to trace the performance of benefit and cost measures [6].…”
Section: Introductionmentioning
confidence: 99%
“…On the other hand, the reliability of decision information and the experience of experts are still in need of better incorporation into modelling complex decision-making processes [4]. For instance, how self-confident in their choices are stakeholders as decision makers and how much knowledge experts as financial analysts have in appropriate asset classes and markets [5]. Moreover, established TOPSIS methods have a very low transparency level and consequently are not able to trace the performance of benefit and cost measures [6].…”
Section: Introductionmentioning
confidence: 99%