Research Article

An Integrated Approach for Drilling Optimization Using Advanced Drilling Optimizer

Table 4

Well B optimization savings potential.

ā€‰ROP (ft/h)Time (hours)Cost per footTotal costs

Real100.8955.07$107.92$601,817.74
Optimized123.9544.97$94.73$528,226.36
Savings23.0610.10$13.19$73,591.38