DRILLING SYSTEM WITH MUD MOTOR INCLUDING MUD LUBRICATED BEARING ASSEMBLY

A drilling system for drilling a wellbore using drilling fluid includes a drillstring, a drill bit coupled to the drillstring, and a mud motor coupled to the drillstring and operable to rotate the drill bit by rotating a driveshaft with a bore. The drilling system also includes a bearing assembly that includes a bypass fluid flowpath through the bearings for drilling fluid to divert from the bore. A choke assembly positioned in the bypass fluid flowpath restricts flow of the diverted drilling fluid such that some diverted drilling fluid flows into an annulus in the wellbore outside of the bearing assembly through an unsealed annulus port and some of diverted drilling fluid is recaptured through a return flowline. The drilling system also includes a rotary steerable system operable to push the drill bit in a desired direction using pads extendable with the drilling fluid.