Study of Economic Indices of Technological Changes in Drilling Industry using the MRC Method

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KHORRAMI MARYAM; TORABI TAGHI; TOLOIE ESHLAGHY ABBAS

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Journal: ENERGY ECONOMICS REVIEW Year:2021 | Volume:17 | Issue:68 Page(s): 175-194

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Title

Study of Economic Indices of Technological Changes in Drilling Industry using the MRC Method

Author(s)

KHORRAMI MARYAM | TORABI TAGHI | TOLOIE ESHLAGHY ABBAS | Issue Writer Certificate

Keywords

Economic AspectsQ1

Technology ChangesQ1

drilling IndustryQ1

System DynamicQ1

Vensim softwareQ1

MRCQ1

Abstract

This research has been done in order to study Economic Aspects of technological changes in Horizontal Drilling methods especially MRC method in drilling for oil. In order to identify and evaluate related variables in both technological changes and economic indices, we used Vensim software to treat data collected during the time period of 2013 to 2017, in order to capture System Dynamics. Data was collected through use of a questionnaire developed in consultation with drilling and economic experts. The study considered many constant variables. The study confirms positive growth in the technological changes of horizontal drilling especially via MRC method which, increased values of economic indices.

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APA: Copy

KHORRAMI, MARYAM, TORABI, TAGHI, & TOLOIE ESHLAGHY, ABBAS. (2021). Study of Economic Indices of Technological Changes in Drilling Industry using the MRC Method. ENERGY ECONOMICS REVIEW, 17(68 ), 175-194. SID. https://sid.ir/paper/368689/en

Vancouver: Copy

KHORRAMI MARYAM, TORABI TAGHI, TOLOIE ESHLAGHY ABBAS. Study of Economic Indices of Technological Changes in Drilling Industry using the MRC Method. ENERGY ECONOMICS REVIEW[Internet]. 2021;17(68 ):175-194. Available from: https://sid.ir/paper/368689/en

IEEE: Copy

MARYAM KHORRAMI, TAGHI TORABI, and ABBAS TOLOIE ESHLAGHY, “Study of Economic Indices of Technological Changes in Drilling Industry using the MRC Method,” ENERGY ECONOMICS REVIEW, vol. 17, no. 68 , pp. 175–194, 2021, [Online]. Available: https://sid.ir/paper/368689/en

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