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- W2364457851 abstract "In order to understand the achievements of the produced oilfield units' crude oil development projects during the Ninth-five Years Project in PetroChina, the statistics and reservoir engineering methods are used to analyze their productivity coincidence rates, major development characters' behavior and the economic index from the following levels: sub-units where the construction projects were implemented, the oil fields, and whole PetroChina. The average productivity coincidence rate was quite high; the later the project was implemented, the less its new producers' initial output was, but the production decline rate had little relation to which year the project was implemented; the later year's projects led to higher water cut levels, indicating less and less potential and effect in produced reservoirs adjusting during their middle or late life periods; the economic indexes showed that 95.2% of the whole crude oil output during 1996-2001 in these projects had brought a quite high economic profit, and that the majority of units had gotten an average investment payback period of (4.24) years, and that these projects' investment averaged (17.76)×10~8 RMB Yuan per million tons productivity. Although challenged with great risks, the projects of oil development in the produced oilfield units which entered middle or late life periods, did achieve quite good economic returns." @default.
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- W2364457851 date "2004-01-01" @default.
- W2364457851 modified "2023-09-27" @default.
- W2364457851 title "Achievements of projects for crude oil development of PetroChina produced oilfield units during the Ninth-five Years Project" @default.
- W2364457851 hasPublicationYear "2004" @default.
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