Evaluation of “X2” delination well drilling project block on oil service company

• Published in: Journal of physics. Conference series 2021-03, Vol.1839 (1), p.12003
• Main Authors: Sardjono, W, Lahlianti, RC, Hobri, Tohir, M, Mukhlis, M
• Format: Article
• Language: English
• Subjects: Contractors; Cost analysis; Factor analysis; Independent variables; Physics; Regression analysis; Schedules; Well drilling
• ISSN: 1742-6588; 1742-6596
• DOI: 10.1088/1742-6596/1839/1/012003

Project is an activity or business that is temporary and has a certain period of time, unique and produces a product, service or both. Achieving project activity right on the schedule was an important thing for project owners or contractors. However, the schedule of the "X2" Well Drilling Project has delayed from the original plan due to several inhibiting factors. Therefore, the cost’s project increased during project implementation. The factor analysis method is used to reduce the number of independent variables until new variables are found which are then examined for their relationship and a mathematical model is built using the regression analysis method. The location of this research was one company with 100 valid respondents. The results of this study indicate that there are 3 (three) new factors that have a positive effect and 1 (one) new factors that have a negative effect on the condition of the differences that occur. If a project can be completed before the work period ends, at other times if the owner wants to build a construction project again, there is no doubt that the owner will re-choose Oil Service Company to work on another Drilling Project.