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 $16,000 $14,000 $12,000 $10,000 4 Casing Strings 5 Casing Strings 6 Casing Strings $8,000 $6,000 $4,000 3000 4000 5000 6000 7000 8000 Figure 6.10 Change in Wellcost Lite model predictions as a function of depth and number of casing intervals. Depth (meters) 6­26 2,500 2,000 1,500 1,000 Tripping Time Rotating Time 500 00 2000 4000 6000 8000 10000 12000 Figure 6.11 compares rotating time with tripping time for different depths of completion, using the Wellcost Lite model. Both grow almost linearly with depth, assuming ROP and bit life remain constant. However, these may not be appropriate assumptions at greater depths. Depth (meters) Figure 6.11 Comparison of rotating and tripping hours as a function of well depth from Wellcost Lite model. Time (Hours) Completed Well Cost (Thousands of US$)

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