Cost per foot of coring

Input(s)

Cb\mathrm{C}_{\mathrm{b}}: Core Bit Cost ($)(\$)

C: Rig Cost ($)

Td\mathrm{T}_{\mathrm{d}}: Total Coring Time (h)

Tt\mathrm{T}_{\mathrm{t}}: Trip Time (h)

Tr\mathrm{T}_{\mathrm{r}}: Core Recovery Time (h)

F: Footage Cored (ft)

Rc\mathrm{R}_{\mathrm{c}}: Core Recovery Percentage (fraction)

Output(s)

C: Cost per Foot of Coring ($/ft)(\$ / f t)

Formula(s)

C=Cb+Cr( Td+Tt+Tr)FRc\mathrm{C}=\frac{\mathrm{C}_{\mathrm{b}}+\mathrm{C}_{\mathrm{r}} *\left(\mathrm{~T}_{\mathrm{d}}+\mathrm{T}_{\mathrm{t}}+\mathrm{T}_{\mathrm{r}}\right)}{\mathrm{F} * \mathrm{R}_{\mathrm{c}}}

Reference(s)

Samuel. E Robello. 501 Solved Problems and Calculations for Drilling Operations. Sigma Quadrant. 2015. Houston, Texas, Page: 469.


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