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The economic incentive for predicting sand production is based upon the completion cost and the loss of well productivity associated with sand control, productivity associated with sand control, especially in case of gravel packing.
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production. However, the efficiency of capacity utilization has been considered as 80%. 2. Labour and wages will be as per the prescribed minimum wages. 3. The rate of interest for both the fixed and working capital has been considered as 17%. 4. Margin money of around 25% of the project cost has to be arranged by the entrepreneur.