Drilling Technology and Costs

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Drilling Technology and Costs ( drilling-technology-and-costs )

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Chapter 6 Drilling Technology and Costs 600 MITDD Drilling Cost Index Depth Intervals (Feet) Unadjusted for Inflation 1250-2499 2500-3749 500 1977 = 100 3750-4999 5000-7499 400 7500-9999 10000-12499 300 200 100 12500-14999 15000-17499 17500-19999 200 150 100 1250-2499 2500-3749 3750-4999 5000-7499 7500-9999 10000-12499 12500-14999 15000-17499 17500-19999 0 1975 1980 1985 1990 1995 2000 2005 GDP Deflator Index Figure 6.6 MITDD drilling cost index compared to GDP deflator index for 1977­2004 (U.S. Office of Year Management and Budget, 2006). Note: 1 ft = 0.3048 m. 6­16 250 Depth Intervals (Feet) 50 MITDD Drilling Cost Index Adjusted for Inflation 1977 = 100 0 1975 1980 1985 1990 1995 2000 2005 Figure 6.7 MITDD drilling cost index made using new method, adjusted for inflation to year 2004 U.S. $. Adjustment for inflation made using GDP Deflator index (1977 = 100). Note: 1 ft = 0.3048 m. Year Drilling Cost Index Drilling Cost Index & GDP Deflator Index

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