DCUSM meaning in oil and gas
DCUSM means Drilling and Completions Uncertainty Statement and Management. Similar to RUSM = Reservoir Uncertainty Statement and Management. Methods of quantifying impacts from risks to projects on the uncertainty range…
Definition
Drilling and Completions Uncertainty Statement and Management
Similar to RUSM = Reservoir Uncertainty Statement and Management. Methods of quantifying impacts from risks to projects on the uncertainty range of key performance indicators such as reserves or rate. Similar for drilling; impact on drilling costs. The management involves mitigation of these risks.