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Bit Cost
EE047-3.5-2
Drilling Engineering
Module Code and Module Title Title of Slides 2
Round Trip
The bits have a life expectancy in hours, given the hardness of the
rock material that they go through.
When a rotary bit or button bit wears out, it will “drop a cone”, a piece
of hardened metal that is part of the spinning head. Drillers avoid that
by “tripping” after the bit starts to become dull and the drilling rate
decreases.
10
1
0
A chart versus depth must be 0 15
constructed for each rig for 0
f
ultimate analyses. t
20
10
1
0
Trip T=(5.2+5.7)/2=5.45 hr 0 15
0
f
20
t
TRIP TIME (hours)
35.71
TCFSteel $
ft
29.11
TCFInsert $
ft
Module Code and Module Title Title of Slides
END OF LESSON