YE Zhengrong; WU Qi; WANG Liangang; ZHAO Chun; GONG Lin; ZHAO Zhihong and JIANG Haijun
, 2004, 31(1): 777-0.
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For evaluating economic benefit of stimulation treatment reasonably, to distinguish and calculate the expense and benefit properly should be a premise. The incremental analysis is considered and the attention must be given to the total evaluation index, and the incremental operation cost only contains the payments and downhole operating expenditure that is connected to the stimulation treatment directly. The treatments more than one year validity is evaluated with the dynamic method, however, the ones less than one year validity are suitable with the static method. For static method, the cost is dealt with payment, the treatment input is considered as downhole operating expenditure, the evaluation indexes are the incremental profit, incremental net profit and profit ratio. For dynamic method, the cost is dealt with investments; the indexes are composed of the incremental profit ratio of investment, the incremental financial net present value and the ratio of incremental financial net present value ratio. The benefits of several stimulation treatments are calculated, such as hydraulic fracturing, water shutoff, and pump change. The results show that the methodology of economic evaluation of stimulation treatment can reflect the economic benefit of stimulation treatments.