Cost of Coring per Foot

on . Posted in Drilling Engineering

            

Cost of Coring per Foot Formula

\( C_c \;=\;  \dfrac{ C_b + C_r \cdot ( T_c + T_t + T_r )  }{ F_c \cdot R_c } \)     
Symbol English Metric
\( C_c \) = Cost of Coring  $ / ft -
$ C_b $ = Core Bit Cost \( \) $ -
\( C_r \) = Rig Cost \( \) $ -
$ T_c $ = Total Coring Time $hr$ -
$ T_t $ = Trip Time $hr$ -
$ T_r $ = Core Recovery Time $hr$ -
$ F_c $ = Footage Cored $ft$ -
$ R_c $ = Core Recovery Percentage $dimensionless$ -

 

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Tags: Drilling Cost