Drilling Cost 3.0


Free Trial
1.78 MB
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Publisher Description



Drilling Cost is a free trial software application from the Office Suites & Tools subcategory, part of the Business category. The app is currently available in English and it was last updated on 2011-02-03. The program can be installed on iOS.

The Drilling Cost provides to the drillers, toolpushers, drilling engineers, students and other professionals in the petroleum industry a productivity tool helpful in drilling operation to calculate the drilling cost per length unit drilled, analysis of drill bit performance and to use in planning phase of oil wells.

For new features, report bugs, improvements and suggestions please contact us: contact@wellcontrol.com.br

Formula:

Drilling Cost = (Bit Cost + Rig Cost x (Drilling Time + Trip Time)) (Length Drilled)

Drilling Cost => drilling cost $ per length unit ($/ft, $/m)
Bit Cost => bit cost, $
Rig Cost => rig cost per hour, $ / hour
Drilling Time => total drilling time, hour
Trip Time => trip time, hour
Length Drilled => total length drilled by drill bit, ft or m

The Advanced Feature:

This application provides an advanced feature that is the modeling of data Drilling Cost vs. Drilling Time using quadratic regression. The minimum point of the parable may correspond to the operation time of the drill bit, where will occur the minimum cost. The more the R squared is close to 1, the result will be better.

Quadratic regressions:

1) Drilling Cost = c + b (LD) + a (LD)*(LD), LD = total Length Drilled by the dril bit
2) Drilling Cost = c + b (DT) + a (DT)*(DT), DT = total drilling time by the drill bit

Data Files:

The user can work with data files that must correspond to the drill bits used in each phase of drilling.

DISCLAIMER:

These tools & materials are provided 'as is' without warranties of any kind, express or implied.
Please verify the tools provided by this application by yourself before you use them. Ensure you understand the impact of using these tools.
Any use you choose to make of these tools & materials is undertaken by you entirely at you own risk.

Requires iOS 5.1 or later. Compatible with iPhone, iPad, and iPod touch.

Drilling Cost (version 3.0) has a file size of 1.78 MB and is available for download from our website. Just click the green Download button above to start. Until now the program was downloaded 1 times. We already checked that the download link to be safe, however for your own protection we recommend that you scan the downloaded software with your antivirus.

Program Details



General

 
Publisher Carlos Moura
Released Date 2011-02-03
Languages English

Category

 
Category Business
Subcategory Office Suites & Tools

System requirements

 
Operating systems ios

Download information

 
File size 1.78 MB
Total downloads 1

Pricing

 
License model Free Trial
Price $9.99

Version History



Here you can find the changelog of Drilling Cost since it was posted on our website on 2016-11-07. The latest version is 3.0 and it was updated on soft112.com on 2017-06-29. See below the changes in each version:

version 3.0

posted on 2011-02-03






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Release Date: 2011-02-03
Publisher: Carlos Moura
Operating System: ios