An Integrated Approach for Drilling Optimization Using Advanced Drilling Optimizer

<div class="floats-full-page floats-full-page-other"><h2>Table 2</h2><div class="floats-full-page-caption">Well A optimization savings potential.</div><div class="floats-full-page-content"><table class="table-group" id="tab2"><tr><td><table class="table"><tr><td class="thead-hr" colspan="5"><hr /></td></tr><tr class="thead"><td align="left"> </td><td align="center">ROP (ft/h)</td><td align="center">Time (hours)</td><td align="center">Cost per foot</td><td align="center">Total costs</td></tr><tr><td class="thead-hr" colspan="5"><hr /></td></tr><tr><td align="left">Real</td><td align="center">55.45</td><td align="center">111.00</td><td align="center">$168.70</td><td align="center">$1,034,097.34</td></tr><tr><td align="left">Optimized </td><td align="center">84.38</td><td align="center">78.20</td><td align="center">$129.66</td><td align="center">$794,778.82</td></tr><tr><td align="left">Savings</td><td align="center"><b><i>28.93</i></b></td><td align="center"><b><i>32.80</i></b></td><td align="center"><b><i>$39.04</i></b></td><td align="center"><b><i>$239,318.52</i></b></td></tr><tr class="table-tr"><td colspan="5"><hr class="tbody-hr" /></td></tr></table></td></tr></table></div></div>

Table 2 | An Integrated Approach for Drilling Optimization Using Advanced Drilling Optimizer

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Table 2: An Integrated Approach for Drilling Optimization Using Advanced Drilling Optimizer

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Table 2

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Journal of Petroleum Engineering

An Integrated Approach for Drilling Optimization Using Advanced Drilling Optimizer

Table 2