Performance forecasting and bit selection tool for drill bits

Details Performance forecasting and bit selection tool for drill bits Performance forecasting and bit selection tool for drill bits

G - Physics

01

M

G01M 13/00 (2006.01) E21B 10/00 (2006.01) E21B 12/00 (2006.01) G01N 3/58 (2006.01)

Patent

CA 2525221

A method for forecasting performance of a drill bit, that includes obtaining a performance model for the drill bit, using a plurality of bit run records of the drill bit, wherein the obtaining is performed with a multivariate regression, and inputting a set of drilling parameters to the performance model to obtain the performance of the drill bit.

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