491 Project No. 4 - PETE 491 Drilling Engineering Project...

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PETE 491 Drilling Engineering Project No. 4 Student Summary of API Standards for Drilling Rigs UL Department of Petroleum Engineering Date Assigned: October 4, 2005 Date Submitted: October 11, 2005 Submitted to Dr. Hayatdavoudi ________________________ C
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Ba PETE 491 Project No. 4 Performed: 9/22/05 Submitted: 11/1/05 Student Summary of API Standards for Drilling Rigs Every industry has the underlying goal to produce its selected goods and services in a manner and to the level that is optimum. In an attempt to reach a level of production optimization, several areas such as safety, time utilization, and production costs are measured and adjusted in order to maximize goals of production. When individual companies within an industry identify production-limiting factors under their control, the necessity for having machinery standards, safe practices, codes of operation, and tolerances for safety and production becomes a necessary focus for predicting success. These companies can select delegates who meet in a forum and construct a list points that when implemented, allow for the entire industry to reach production optimization. Within the Petroleum E & P industry, such a meeting has identified a code as related to drilling units. The API, (American Petroleum Institute of Standards, a trade
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This note was uploaded on 10/27/2009 for the course PETROLEUM 491 taught by Professor Staff during the Spring '09 term at University of Louisiana at Lafayette.

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491 Project No. 4 - PETE 491 Drilling Engineering Project...

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