Integrated Rfid Model For Optimal Selection of Drilling Projects

Article ID

R77V3

Integrated Rfid Model For Optimal Selection of Drilling Projects

Dr. Maki K. Rashid
Dr. Maki K. Rashid Sultan Qaboos University
DOI

Abstract

This work presents a model resolving data shortage problems when facing investment decisions in selecting drilling projects based on availability of equipments and drilling facilities. This is accomplished by enabling an environment for automatic information exchange using the technology of Radio Frequency Identification (RFID) integrated with assessments for projects net profit values. Incorporating the information technology tools facilitates the components selection and improves information retrieval efficiency for such missions especially during projects evaluation and drilling operation phase. Also, a fuzzy model is presented and convoyed with an optimization technique to take into consideration the risk of possible variation in oil prices and production cost. All these components are integrated by using information system design tools.

Integrated Rfid Model For Optimal Selection of Drilling Projects

This work presents a model resolving data shortage problems when facing investment decisions in selecting drilling projects based on availability of equipments and drilling facilities. This is accomplished by enabling an environment for automatic information exchange using the technology of Radio Frequency Identification (RFID) integrated with assessments for projects net profit values. Incorporating the information technology tools facilitates the components selection and improves information retrieval efficiency for such missions especially during projects evaluation and drilling operation phase. Also, a fuzzy model is presented and convoyed with an optimization technique to take into consideration the risk of possible variation in oil prices and production cost. All these components are integrated by using information system design tools.

Dr. Maki K. Rashid
Dr. Maki K. Rashid Sultan Qaboos University

No Figures found in article.

Dr. Maki K. Rashid. 2011. “. Global Journal of Research in Engineering – J: General Engineering GJRE-J Volume 11 (GJRE Volume 11 Issue J7): .

Download Citation

Journal Specifications

Crossref Journal DOI 10.17406/gjre

Print ISSN 0975-5861

e-ISSN 2249-4596

Classification
Not Found
Article Matrices
Total Views: 5502
Total Downloads: 2924
2026 Trends
Research Identity (RIN)
Related Research
Our website is actively being updated, and changes may occur frequently. Please clear your browser cache if needed. For feedback or error reporting, please email [email protected]

Request Access

Please fill out the form below to request access to this research paper. Your request will be reviewed by the editorial or author team.
X

Quote and Order Details

Contact Person

Invoice Address

Notes or Comments

This is the heading

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

High-quality academic research articles on global topics and journals.

Integrated Rfid Model For Optimal Selection of Drilling Projects

Dr. Maki K. Rashid
Dr. Maki K. Rashid Sultan Qaboos University

Research Journals