Monitor well costs

Description

Daily monitoring of well costs; compare current well costs with expenditure proposals; develop cost-effective measures and strategies.

Alternative labels

oil well cost reviewing
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oil well costs reviewing
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oil well costs monitoring

Skill type

skill/competence

Skill reusability level

occupation-specific

Relationships with occupations

Essential skill

Monitor well costs is an essential skill of the following occupations:

Drilling engineer: Drilling engineers develop and supervise the drilling of gas and oil wells. They assist in the designing, testing and creation of wells and are employed on land or offshore platforms. Drilling engineers work with other mining professionals and oversee the drilling progress and safety of the site.

Optional skill

Monitor well costs is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.

 


 

References

  1. Monitor well costs – ESCO

 

Last updated on September 20, 2022