Journal of Petroleum Engineering / 2015 / Article / 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 footTotal costs

Real55.45111.00$168.70$1,034,097.34
Optimized 84.3878.20$129.66$794,778.82
Savings28.9332.80$39.04$239,318.52