ملخص
Abstract
The objective of this study is to formulate a drilling cost model which incorporates the drilling parameters, encountered during drilling operation of the petroleum well. This model is coupled with the selected drilling rate model proposed by Bourgoyne & Young, in order to predict the bit rotating time utilized in this model. The new drilling cost model was formulated using actual drilling data collected from thirteen wells selected in three oil fields in Sirte Basin (Ghani, Zenad, and Ed Dib).The drilling engineer can use drilling correlations in the planning stages of a well to help evaluate various drilling parameters encountered during drilling operations in order to update the proposal drilling plan and to evaluate any deviations from original projections. The gathered information will help selecting the best completion strategies as well as gaining experiences in the drilled area which will be the basis for the planning of future drilling activities in the area.