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Journal of Petroleum Engineering
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Journal of Petroleum Engineering
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2015
/
Article
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Tab 2
Research Article
An Integrated Approach for Drilling Optimization Using Advanced Drilling Optimizer
Table 2
Well A optimization savings potential.
ROP (ft/h)
Time (hours)
Cost per foot
Total costs
Real
55.45
111.00
$168.70
$1,034,097.34
Optimized
84.38
78.20
$129.66
$794,778.82
Savings
28.93
32.80
$39.04
$239,318.52