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Summary This paper presents the results of a recent study conducted to determine application and operating requirements for polycrystalline diamond compact (PDC) bits in the Gulf of Mexico. This study evaluated PDC-bit usage in Miocene sections of the Gulf of Mexico and has resulted in a saving of more than $1.4 million based on 22 bit runs. As a result of this study, operational guidelines for PDC bits were established and drilling costs per foot were significantly reduced. In addition, a relationship was found between shale reactivity, strength, and density. This proved to be an effective aid in bit selection and determination of hydraulic requirements and verified the results of the study. |