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The competitive threat to fixed steel platforms. Phase 2
The decision on wether or not to adopt a fixed steel platform for a particular field development is made by the operator at the feasibility stage. Evaluations at that time often make use of weight and cost forecasting algorithms. Recent projects have demonstrated that existing forecasters are often hopelessly inaccurate and can significantly overestimate the cost of steel jackets, thereby putting them at a distinct, but unnecessary, disadvantage. One of the primary objects of this project, therefore, was to produce a new cost estimating tool which can be used with confidence. In order to achieve this, a database of new platform designs was generated. Thirteen jackets covering a range of topside weights and water depths were designed and analysed. These incorporated many of the latest design techniques and ensured that the forecaster was based on modern jackets, rather than on the earlier out-of-date generation structures that are incorporated into the existing erroneous cost algorithms. The second important aspect was to evaluate the various recent advances in materials, design techniques, fabrication procedures and installation technology. Some of these developments are quite profound and in the forthcoming years will almost certainly translate into significantly cheaper steel jackets. As a result, it is concluded that in the forthcoming years the actual cost of fixed steel platforms will continue to decrease. As long as the perceived costs reduce in line with the actual costs, fixed steel platforms should be assured a healthy share of the market. The use of up-to-date cost forecasters is essential to this aim and forecasters should continue to be reviewed from time to time to ensure that they display steel jackets to their best advantage.
The competitive threat to fixed steel platforms. Phase 2
The decision on wether or not to adopt a fixed steel platform for a particular field development is made by the operator at the feasibility stage. Evaluations at that time often make use of weight and cost forecasting algorithms. Recent projects have demonstrated that existing forecasters are often hopelessly inaccurate and can significantly overestimate the cost of steel jackets, thereby putting them at a distinct, but unnecessary, disadvantage. One of the primary objects of this project, therefore, was to produce a new cost estimating tool which can be used with confidence. In order to achieve this, a database of new platform designs was generated. Thirteen jackets covering a range of topside weights and water depths were designed and analysed. These incorporated many of the latest design techniques and ensured that the forecaster was based on modern jackets, rather than on the earlier out-of-date generation structures that are incorporated into the existing erroneous cost algorithms. The second important aspect was to evaluate the various recent advances in materials, design techniques, fabrication procedures and installation technology. Some of these developments are quite profound and in the forthcoming years will almost certainly translate into significantly cheaper steel jackets. As a result, it is concluded that in the forthcoming years the actual cost of fixed steel platforms will continue to decrease. As long as the perceived costs reduce in line with the actual costs, fixed steel platforms should be assured a healthy share of the market. The use of up-to-date cost forecasters is essential to this aim and forecasters should continue to be reviewed from time to time to ensure that they display steel jackets to their best advantage.
The competitive threat to fixed steel platforms. Phase 2
Die Marktchancen von fixierten Stahlplattformen im Wettbewerb mit Konkurrenzwerkstoffen. Phase 2
Cuthill, A.M. (author)
1998
186 Seiten, 40 Bilder, 88 Tabellen, 31 Quellen
Book
English
The competitive threat to fixed steel platforms : phase 2
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