Oilfield development efficiency evaluation based on DEA

Author

Wang, Hailing ; Song, Jiekun

Author_Institution

Sch. of Econ. & Manage., China Univ. of Pet. (East China), Qingdao, China

Volume

1

fYear

2011

fDate

22-23 Oct. 2011

Firstpage

74

Lastpage

77

Abstract

Improving the efficiency of oil field development is an important strategic objective of all oil fields. Development units are the basic units of production and operation of oil field, and their development efficiencies directly determine the efficiency of the whole oil field development. This paper establishes a scientific and applicable efficiency evaluation indexes system of oil field development unit, and based on the indexes system, it establishes DEA evaluation models including CCR model and super efficiency model, which provide effective means for the efficiency management of development units. An empirical analysis proves that the evaluation models are effective and applicable.

Keywords

data envelopment analysis; hydrocarbon reservoirs; productivity; CCR model; DEA evaluation; data envelopment analysis; efficiency management; oil field operation; oil field production improvement; oilfield development efficiency evaluation; Chemicals; data envelopment analysis; efficiency; evaluation; oil field development unit;

fLanguage

English

Publisher

ieee

Conference_Titel

System Science, Engineering Design and Manufacturing Informatization (ICSEM), 2011 International Conference on

Conference_Location

Guiyang

Print_ISBN

978-1-4577-0247-1

Type

conf

DOI

10.1109/ICSSEM.2011.6081236

Filename

6081236