BIT COST ANALYSIS 17.

5"
Bit No. #2 Size 17 1/2
Well SG-1 Manufac HDBS
Bit Cost 6,300 US $ Type A1GSC
Rig Cost 1,541.7 US $/Hrs Nozzle 2x20,2x22
Trip Fac 3.00 Hrs / 1000 f Serial No. 13009209
BIT Depth Depth Footage Trip Time CPF ROP breakheven
HOURS (m) (f) (f) Hours $/f Ft/hrs
0,0 115,0
0.5 149 488.72 111.52 1.47 83.67 18.425
1 178 584.02 206.64 1.75 51.02 30.217
1.5 203.5 667.68 290.28 2.00 40.31 38.247
2 240 787.44 410 2.36 31.77 48.527
2.5 277.5 910.48 533 2.73 26.95 57.202
3 292 958.05 580.56 2.87 26.45 58.285
3.5 311.5 1022.03 644.52 3.07 25.48 60.504
4 335 1099.14 721.6 3.30 24.32 63.388
4.5 364 1194.28 816.72 3.58 22.97 67.113
5 386 1266.47 888.88 3.80 22.35 68.981
5.54 398 1305.84 928.24 3.92 22.49 68.535

ROP METERAGE
M/HR (M)

88.53 34
57.47 63
89.15 88.5
79.35 125
46.38 162.5
21.59 177
20.08 196.5
52.5 220
6.42 249
24.8 271
0.91 283
 BIT CO
Bit No.
Well
Bit Cost
Rig Cost
Trip Fact
BIT
HOURS
0
0.5
1
1.5
2
2.5
3
3.5
4
4.5
5
5.5
6
6.5
7
7.5
8
8.5
9
9.5
10
10.5
11
11.5
12
12.5
13
13.5
14
14.5
15
15.5
16
16.5
 17
17.5

METERAGE
(M) BIT Depth Depth Fotage
HOURS (m) (f) (f)
35 1.5 503.5 1651.48 346.04
191.5 2 540.5 1772.84 467.4
226 2.5 579 1899.12 593.68
263 3 609 1997.52 692.08
301.5 3.5 635 2082.8 777.36
331.5 4 666 2184.48 879.04
357.5 4.5 690.5 2264.84 959.4
388.5 5 715 2345.2 1039.76
413 5.5 740 2427.2 1121.76
437.5 6 760 2492.8 1187.36
462.5 6.5 791 2594.48 1289.04
482.5 7 810.5 2658.44 1353
513.5 7.5 835 2738.8 1433.36
533 8 874 2866.72 1561.28
557.5 8.5 898.5 2947.08 1641.64
596.5 9 924.5 3032.36 1726.92
621 9.5 957 3138.96 1833.52
647 10 1000.5 3281.64 1976.2
679.5 10.5 1033.5 3389.88 2084.44
723 11 1071.5 3514.52 2209.08
756 11.5 1113.5 3652.28 2346.84
794 12 1159.5 3803.16 2497.72
836 12.5 1197 3926.16 2620.72
882 13 1231.5 4039.32 2733.88
919.5 13.5 1276 4185.28 2879.84
954 14 1308 4290.24 2984.8
998.5 14.5 1351.5 4432.92 3127.48
1030.5 15 1381 4529.68 3224.24
1074 15.5 1415.5 4642.84 3337.4
1103.5 16 1480.5 4856.04 3550.6
1138 16.5 1513.5 4964.28 3658.84
1203 17 1541.5 5056.12 3750.68
1236 17.5 1556 5103.68 3798.24
1264
1278.5
 BIT COST ANALYSIS 12.25"
2 Size 12.1/4
SG-1 Manufac HUGHES
7,250 US $ : Type TK66
1,541.7 US $/Hrs: Nozzle 5x22
3.00 Hrs / 1000 f Serial No. E227826
Depth Depth Fotage Trip Time CPF ROP breakheven
(m) (f) (f) (Hr) $/Ft f/hrs
398
433 1420.24 114.8 4.26 127.09 12.13
469 1538.32 232.88 4.61 68.30 22.57
503.5 1651.48 346.04 4.95 49.71 31.02 BIT Depth
540.5 1772.84 467.4 5.32 39.65 38.88 HOURS (m)
579 1899.12 593.68 5.70 33.50 46.02 2.5 579
609 1997.52 692.08 5.99 30.51 50.53 3 609
635 2082.8 777.36 6.25 28.66 53.79 3.5 635
666 2184.48 879.04 6.55 26.76 57.62 4 666
690.5 2264.84 959.4 6.79 25.71 59.97 4.5 690.5
715 2345.2 1039.76 7.04 24.82 62.12 5 715
740 2427.2 1121.76 7.28 24.03 64.16 5.5 740
760 2492.8 1187.36 7.48 23.61 65.31 6 760
791 2594.48 1289.04 7.78 22.71 67.89 6.5 791
810.5 2658.44 1353 7.98 22.42 68.76 7 810.5
835 2738.8 1433.36 8.22 21.96 70.20 7.5 835
874 2866.72 1561.28 8.60 21.04 73.29 8 874
898.5 2947.08 1641.64 8.84 20.70 74.47 8.5 898.5
924.5 3032.36 1726.92 9.10 20.35 75.74 9 924.5
957 3138.96 1833.52 9.42 19.86 77.63 9.5 957
1000.5 3281.64 1976.2 9.84 19.15 80.50 10 1000.5
1033.5 3389.88 2084.44 10.17 18.77 82.15 10.5 1033.5
1071.5 3514.52 2209.08 10.54 18.32 84.17 11 1071.5
1113.5 3652.28 2346.84 10.96 17.84 86.41 11.5 1113.5
1159.5 3803.16 2497.72 11.41 17.35 88.85 12 1159.5
1197 3926.16 2620.72 11.78 17.05 90.43 12.5 1197
1231.5 4039.32 2733.88 12.12 16.82 91.68 13 1231.5
1276 4185.28 2879.84 12.56 16.47 93.63 13.5 1276
1308 4290.24 2984.8 12.87 16.31 94.54 14 1308
1351.5 4432.92 3127.48 13.30 16.02 96.23 14.5 1351.5
1381 4529.68 3224.24 13.59 15.92 96.85 15 1381
1415.5 4642.84 3337.4 13.93 15.77 97.78 15.5 1415.5
1480.5 4856.04 3550.6 14.57 15.31 100.67 16 1480.5
1513.5 4964.28 3658.84 14.89 15.21 101.37 16.5 1513.5
 1541.5 5056.12 3750.68 15.17 15.16 101.72 17 1541.5
1556 5103.68 3798.24 15.31 15.23 101.25 17.5 1556

Trip Time CPF ROP breakheven

(Hr) $/Ft f/hrs
9.81 71.34 21.61
10.53 56.84 27.12
11.28 48.00 32.12
11.87 43.59 35.37
12.37 40.80 37.78
12.98 38.02 40.55
13.45 36.41 42.35
13.93 35.04 44.00
14.42 33.84 45.56
14.81 33.12 46.54
15.41 31.83 48.43
15.79 31.33 49.21
16.27 30.62 50.34
17.03 29.36 52.51
17.51 28.84 53.46
18.01 28.31 54.45
18.65 27.62 55.82
19.49 26.68 57.79
20.14 26.14 58.98
20.88 25.53 60.39
21.69 24.90 61.93
22.59 24.25 63.57
23.32 23.84 64.67
23.99 23.51 65.57
24.86 23.05 66.87
25.48 22.82 67.55
26.33 22.45 68.68
26.91 22.29 69.18
27.58 22.07 69.85
28.84 21.51 71.66
29.49 21.36 72.18
30.03 21.27 72.50
30.32 21.32 72.32
Depth Fotage Trip Time CPF ROP breakheven
(f) (f) (Hr) $/Ft f/hrs
1899.12 593.68 5.70 33.50 46.02
1997.52 692.08 5.99 30.51 50.53
2082.8 777.36 6.25 28.66 53.79
2184.48 879.04 6.55 26.76 57.62
2264.84 959.4 6.79 25.71 59.97
2345.2 1039.76 7.04 24.82 62.12
2427.2 1121.76 7.28 24.03 64.16
2492.8 1187.36 7.48 23.61 65.31
2594.48 1289.04 7.78 22.71 67.89
2658.44 1353 7.98 22.42 68.76
2738.8 1433.36 8.22 21.96 70.20
2866.72 1561.28 8.60 21.04 73.29
2947.08 1641.64 8.84 20.70 74.47
3032.36 1726.92 9.10 20.35 75.74
3138.96 1833.52 9.42 19.86 77.63
3281.64 1976.2 9.84 19.15 80.50
3389.88 2084.44 10.17 18.77 82.15
3514.52 2209.08 10.54 18.32 84.17
3652.28 2346.84 10.96 17.84 86.41
3803.16 2497.72 11.41 17.35 88.85
3926.16 2620.72 11.78 17.05 90.43
4039.32 2733.88 12.12 16.82 91.68
4185.28 2879.84 12.56 16.47 93.63
4290.24 2984.8 12.87 16.31 94.54
4432.92 3127.48 13.30 16.02 96.23
4529.68 3224.24 13.59 15.92 96.85
4642.84 3337.4 13.93 15.77 97.78
4856.04 3550.6 14.57 15.31 100.67
4964.28 3658.84 14.89 15.21 101.37
5056.12 3750.68 15.17 15.16 101.72
5103.68 3798.24 15.31 15.23 101.25