Method for optimization of drilling costs

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United States of America Patent

PATENT NO 4845628
SERIAL NO

06897769

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Abstract

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Disclosed is a real-time method for minimizing the expected, controllable unit cost over a future drilling interval by simulating the values of selected operating variables and lithologies.

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Patent Owner(s)

Patent OwnerAddress
AUTOMATED DECISIONS INCP O BOX 357 RIDGEFIELD CT 06877

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Cambridge, Vivien J Baton Rouge, LA 7 239
Gray, Richard L Austin, TX 27 418

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