Drill bit performance analysis tool

A method and system for automatically calculating and generating performance analysis charts, including a reliability curve. The method and system are used to selectively convert performance records data from a database into graphs and charts reflective of a performance analysis. A tool and method i...

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Bibliographische Detailangaben
1. Verfasser:	STEINKE STEPHEN C
Format:	Patent
Sprache:	eng
Schlagworte:	CALCULATING COMPUTING CONTROL OR REGULATING SYSTEMS IN GENERAL CONTROLLING COUNTING EARTH DRILLING EARTH DRILLING, e.g. DEEP DRILLING ELECTRIC DIGITAL DATA PROCESSING FIXED CONSTRUCTIONS FUNCTIONAL ELEMENTS OF SUCH SYSTEMS MINING MONITORING OR TESTING ARRANGEMENTS FOR SUCH SYSTEMS ORELEMENTS OBTAINING OIL, GAS, WATER, SOLUBLE OR MELTABLE MATERIALS OR ASLURRY OF MINERALS FROM WELLS PHYSICS REGULATING
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Beschreibung
Zusammenfassung:	A method and system for automatically calculating and generating performance analysis charts, including a reliability curve. The method and system are used to selectively convert performance records data from a database into graphs and charts reflective of a performance analysis. A tool and method is provided for predicting the effective life or run time of a component, such as a drill bit, based on calculated reliabilities for similar components.