Well No. Bit Type Depth in (ft) Depth out (ft) Rotating Time (hrs) Trip time (hrs) 1 XX 5,468 8,138 144 8 2 XY 4,973 7,795 180 8

Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
Publisher:KASSIMALI, Aslam.
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
Determine the cost/ft for the following bit types which were used to drill the same type of formation in three wells. Which bit would you select for the next well? Assume bit cost = $10,000 and rig cost= 900 $/hr
Well No.
Bit Type
Depth in
(ft)
Depth out
(ft)
Rotating
Time (hrs)
Trip time
(hrs)
1
XX
5,468
8,138
144
8
2
XY
4,973
7,795
180
8
Transcribed Image Text:Well No. Bit Type Depth in (ft) Depth out (ft) Rotating Time (hrs) Trip time (hrs) 1 XX 5,468 8,138 144 8 2 XY 4,973 7,795 180 8
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Structural Analysis
Structural Analysis
Civil Engineering
ISBN:
9781337630931
Author:
KASSIMALI, Aslam.
Publisher:
Cengage,
Structural Analysis (10th Edition)
Structural Analysis (10th Edition)
Civil Engineering
ISBN:
9780134610672
Author:
Russell C. Hibbeler
Publisher:
PEARSON
Principles of Foundation Engineering (MindTap Cou…
Principles of Foundation Engineering (MindTap Cou…
Civil Engineering
ISBN:
9781337705028
Author:
Braja M. Das, Nagaratnam Sivakugan
Publisher:
Cengage Learning
Fundamentals of Structural Analysis
Fundamentals of Structural Analysis
Civil Engineering
ISBN:
9780073398006
Author:
Kenneth M. Leet Emeritus, Chia-Ming Uang, Joel Lanning
Publisher:
McGraw-Hill Education
Sustainable Energy
Sustainable Energy
Civil Engineering
ISBN:
9781337551663
Author:
DUNLAP, Richard A.
Publisher:
Cengage,
Traffic and Highway Engineering
Traffic and Highway Engineering
Civil Engineering
ISBN:
9781305156241
Author:
Garber, Nicholas J.
Publisher:
Cengage Learning