Drill bit performance analysis tool

Data processing: measuring – calibrating – or testing – Measurement system – Performance or efficiency evaluation

Reexamination Certificate

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Details

C175S327000, C705S007380

Reexamination Certificate

active

10872661

ABSTRACT:
A method and system that can be used to automatically calculate and generate performance analysis charts, including a reliability curve is disclosed. The method and system may be used to selectively convert performance records data from a database into graphs and charts reflective of a performance analysis. The invention also provides a tool and method that can be used to predict the effective life or run time of a component, such as a drill bit, based calculated reliabilities for similar components.

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Hall, Robert A., Reliability Analysis and Discrete Event Simulation As Tool for Mining Equipment Management, Apr. 2000, Queen's University, Canada, Ph. D. Thesis.
SPE 80493 A Study of Drilling Performance of Energy Balanced Roller Cone Bit, 2003 S.L.Chen, SPE, J. Dahlem, SPE, C.Rayburn, SPE, Security DBS/Halliburton Energy Services.
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