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Petroleum Engineering & Technology: Formation Evaluation Lesson

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The Goal of Drilling

The purpose of formation evaluation is to quantify the production potential of a well. Operators want to know the size of the reservoir, the quantity of hydrocarbons in place, and the ability of the reservoir to produce hydrocarbons. The ultimate goal of formation evaluation is to decide whether it is worthwhile to complete a well, and, if so, how the well should be completed. In the end, these are business decisions that come down to economic considerations.

This lesson is also included in the Petroleum Engineering & Technology Full Course.