Abstract:
Drilling is much expensive process , in this project we aim to reduce cost and time required to accomplish the drilling .
Time and cost are functions on ROP so increasing ROP can save cost and time .
We simulated the actual well conditions and run series of optimization to obtain the optimum effective parameters ( bit type , WOB & RPM and hydraulics ) which helps to drill a well by minimum cost and time taking the safety side in consecration.
The results of Combining all effective optimized parameters can give better results and saves more time and cost. It saved 194945$ of cost and 72 hrs of time.
The simulator was used is an old version , using an upgrade version is recommended .
