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Drilling performance requires attention to a variety of key indicators. Improved bottomhole assemblies and a wide array of advanced downhole tools contribute to the vast improvement in drilling efficiency the industry has seen within the last decade. Since 1996, E&P has tracked improvements in bit performance, and 2010 has shown to be a year of advancement for what remains as the most aggressive part of any drillstring.
For 2010, the full records have been updated with 76 new records added for both ROP and Single Run Footage. Cumulative Footage records saw 56 landmark achievements for bits run in multiple wells.This year’s updates span the globe from Alaska’s Prudhoe Bay east to Sakhalin Island in Russia. Even with the amount of innovation in tools and drilling processes, tracking the reach of specific types of bits can benefit field operations by adding an additional level of indication to overall performance.
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