Predictive Drilling Boosts ROP by 26%, Saving $270k per Pad on Vertical Sections in the Permian Basin
Optimize ROP & Boost Operational Efficiency
An operator in the Permian Basin faced significant challenges enhancing ROP and ensuring smooth transitions. These drilling inefficiencies resulted in higher operational costs and extended drilling times, adversely impacting the overall profitability and efficiency of their operations.
Key Results & Value Delivered
By utilizing Predictive Drilling, the operator automated key parameters such as weight on bit, RPM, and differential pressure. This approach guaranteed the consistent application of optimal settings, resulting in a 26% increase in on-bottom rotary ROP and a 30% reduction in average bit trips compared to offset pads. Ultimately, leading to $270,000 in cost savings per pad.
