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Bit Formulas

The document provides various drilling formulas used in the oil and gas industry, including calculations for cost per foot, breakeven rates, bit pressure drop, and hydraulic horsepower. Key formulas include the cost per foot (CPF), breakeven rate of penetration (BROP), and hydraulic horsepower index (HSI). These formulas are essential for evaluating drilling efficiency and costs.

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trrbwywy26
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3 views2 pages

Bit Formulas

The document provides various drilling formulas used in the oil and gas industry, including calculations for cost per foot, breakeven rates, bit pressure drop, and hydraulic horsepower. Key formulas include the cost per foot (CPF), breakeven rate of penetration (BROP), and hydraulic horsepower index (HSI). These formulas are essential for evaluating drilling efficiency and costs.

Uploaded by

trrbwywy26
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Drilling Formulas Page 1 de2

Drilling Formulas
Bit Cost + Rig Cost per Hour (Trip Hours + Drilling Hours)
CPF= ----------------------------------------------------------
Cost per foot Footage Drilled

Rig Cost per Hour


-----------------
BROP= Offset CPF - (Rig Cost per Hour * Trip Hours + Bit Cost)
Breakeven ROP --------------------------------------------------------
Projected Footage

Rig Cost per Hour * Trip Hours + Bit Cost


Breakeven BEF= ------------------------------------------------
Footage Offset CPF - (Rig Cost per Hour / Projected ROP)

Flow Rate² * Mud Weight


Bit Pressure DeltaP= -----------------------
Drop 10,856 * TFA²

Bit Pressure Drop * Flow Rate


Hydraulic HHP= -----------------------------
Horsepower 1,714

Hydraulic Horsepower
Hydraulic HSI= --------------------
Horsepower / sq Hole Area (sq in)
in

[Link] 01/09/2000
Drilling Formulas Page 2 de2
PI * Hole Diameter²
Ah -------------------
Hole Area 4

[Link] 01/09/2000

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