An Integrated Approach for Drilling Optimization Using Advanced Drilling Optimizer

Table 6

Well C optimization savings potential.

	ROP (m/h)	Time (hours)	Cost per foot	Total costs
Real	67.42	103.74	$154.81	$1,041,860.35
Optimized	79.79	84.34	$125.21	$842,678.15
Savings	12.37	19.39	$29.60	$199,182.20