Evaluation and improvement of economic efficiency in the sphere of bore-hole drilling methods

Abstract

One of the important requirements for the methods and technologies, especially in the extractive industry, is cost-effective use of resources. The amount of exploration and industrial bore-hole drilling for various purposes is increasing in today’s world. Since drilling is the main type of exploration, it is necessary to improve the technology and to reduce costs. The article discusses an alternative to the existing method of bore-hole drilling developed in Tomsk Polytechnic University on the basis of the discovery made by scientists of the University. Electric pulse drilling technology is an innovation with the estimated base of evidence. The technique consists of rock breaking without drilling in it. This technology is fundamentally different from the existing ones; therefore, its application requires modification and updating of all operation systems. High barriers to entry and introduction to the industry are specific to electric pulse drilling. The authors concluded that the technology of electric pulse drilling provides an alternative of production methods and tools, which allows finding the best option to reduce costs and thereby to increase resource efficiency of production or project.