Problems and Countermeasures of Comprehensive Budget Management in Drilling Enterprises

Abstract

In response to the requirements of sustainable high-quality development, market-oriented competition, and the practical development challenges in the drilling market, this paper focuses on the fundamental content of a comprehensive budget management model. It briefly analyzes the main problems and prominent contradictions in the current budget management practices of drilling enterprises. The emphasis is placed on advocating a business-volume-oriented approach, using established standards and calculation methods as a basis, and establishing a robust and comprehensive budgeting system throughout the entire process. The goal is to effectively control drilling costs, optimize cost control systems, and enhance the level of budget management. This is intended to provide reliable support for promoting sustainable high-quality development of drilling enterprises in the market competition.