×
INTELLIGENT WORK FORUMS
FOR ENGINEERING PROFESSIONALS

Log In

Come Join Us!

Are you an
Engineering professional?
Join Eng-Tips Forums!
  • Talk With Other Members
  • Be Notified Of Responses
    To Your Posts
  • Keyword Search
  • One-Click Access To Your
    Favorite Forums
  • Automated Signatures
    On Your Posts
  • Best Of All, It's Free!
  • Students Click Here

*Eng-Tips's functionality depends on members receiving e-mail. By joining you are opting in to receive e-mail.

Posting Guidelines

Promoting, selling, recruiting, coursework and thesis posting is forbidden.

Students Click Here

Jobs

The percentage of service company fee among total exploration fee?

The percentage of service company fee among total exploration fee?

The percentage of service company fee among total exploration fee?

(OP)
Hello.
I want to know 'among total exploration fee, how many percentages of service company fee are'.

I know there are lots of services during exloration and drilling.

I want to know the percentage of them and how the percentages have been changed for 10 years.

Of course, this is too tough to know so I just need rough numbers. Anybody please help me. This is my mission in my company.

Thanks all.

RE: The percentage of service company fee among total exploration fee?

Have you considered talking nicely to someone in the accounting department?
If you access past project records of your company you will be able to find and deliver much more accurate and authoritative information than you can get by asking strangers on the internet.

Bill
--------------------
"Why not the best?"
Jimmy Carter

RE: The percentage of service company fee among total exploration fee?

(OP)
Yes, I've alredy tried but my company is a kind of small company so people in the accounting department don't know well.

Actually my company's main cashcow is building ships.

Have you ever heard Daewoo?

As a E&P business company, we are just beginners.  

RE: The percentage of service company fee among total exploration fee?

Most of the total amount of the AFE goes to the contractors (rig, materials, equipments, etc) and a smaller amount goes to the service companies (logging, mud, cementing, catering, etc). It might be 70% for contractors and 30% for services....but it varies so much from operation to operation that is hard to give even rough numbers.
 

RE: The percentage of service company fee among total exploration fee?

Worktolove,

1) You need to get your service companies involved. Large service company expeditures (with suggested multinational companies) will be:

Wireline (Schlumberger, Halliburton, Western Atlas)
Cementing (Schlumberger, Halliburton, BJ)
Mud (MI - Schlumberger, Baroid - Halliburton, Baker)
MWD/Directional (Anadril - Schlumberger, Sperry - Halliburton, Inteq - Baker)

2) then you have tier 2 service companies (tier 2 meaning less expensive services that you will need)

Casing Running (Weatherford, Franks)
Inspection (Tuboscope or Smith-Drilco)
Welding (Local welders)

3) Then you have specialty tools equipment that usually comes with service hands

Wellheads, Casing Hangers, various pakers etc (Vetco, Baker, Weatherford)

Anyway this is not an exhaustive list. Depending on what kind of well, country, or land/water/deepwater the % could change dramatically so there is no point guessing. From the above list I would contact Schlumberger, Halliburton, and Baker and between the three they could answer 90+% of the services you need and at least give you a guesstimate for AFE purposes. More importantly though is to get some drilling people into your organization if you guys get serious about this.

Cheers,

 

Red Flag This Post

Please let us know here why this post is inappropriate. Reasons such as off-topic, duplicates, flames, illegal, vulgar, or students posting their homework.

Red Flag Submitted

Thank you for helping keep Eng-Tips Forums free from inappropriate posts.
The Eng-Tips staff will check this out and take appropriate action.

Reply To This Thread

Posting in the Eng-Tips forums is a member-only feature.

Click Here to join Eng-Tips and talk with other members!


Resources