Is a
Patent attributes
Current Assignee
Patent Jurisdiction
Patent Number
Patent Inventor Names
William W. King0
Date of Patent
August 1, 2006
0Patent Application Number
106079000
Date Filed
June 27, 2003
0Patent Citations Received
0
0
0
Patent Primary Examiner
Patent abstract
An iterative drilling simulation method and system for enhanced economic decision making includes obtaining characteristics of a rock column in a formation to be drilled, specifying characteristics of at least one drilling rig system; and iteratively simulating the drilling of a well bore in the formation. The method and system further produce an economic evaluation factor for each iteration of drilling simulation. Each iteration of drilling simulation is a function of the rock column and the characteristics of the at least one drilling rig system according to a prescribed drilling simulation model.
Timeline
No Timeline data yet.
Further Resources
No Further Resources data yet.
