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Journal of Petroleum Engineering
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2015
/
Article
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Tab 6
Research Article
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