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Method and system to improve engineered system decisions and transfer risk

  • US 20090076873A1
  • Filed: 09/19/2007
  • Published: 03/19/2009
  • Est. Priority Date: 09/19/2007
  • Status: Abandoned Application
First Claim
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1. A method of drilling a well, the method comprising:

  • providing an interactive decision-support planning tool that aids a user as to how to drill the well and how to make drilling decisions while the well is being drilled; and

    operating the decision-support planning tool to generate drilling decisions that reduce financial risk associated with the cost of drilling the well below that achievable without using the interactive decision-support planning tool and/or increase financial return associated with the cost of drilling the well above that achievable without using the interactive decision-support planning tool, such that the financial risk and/or financial return are allocated in a desired manner among a plurality of drilling operation stakeholders, wherein the stakeholders are held contracturally to subsets of the fleet of asset'"'"'s risks.

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