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Daevin Dev 2015 PEGN 361 Project #1 Due: Friday, February 27, 2015 at 23:59 via Blackboard This page will be the cover page for your project. Name: DAEVIN DEV Determine and document the following for a production casing string; β€’ Design equation(s) and graph(s) for collapse conditions β€’ Design equation(s) and graph(s) for burst conditions β€’ Design equation(s) and graph(s) for tensile loading Design and select the least expensive 5-1/2” production casing string that does not fail. Do not use more than four sections. You can use fewer sections if it is the least expensive string Report your design in the following table for the production casing string (top to bottom as in the wellbore): Weight (lbf/ft) Grade Connection Bottom depth (ft) Top depth (ft) Cost ($) 23 N80 LTC 11500 0 288,535 20 Q125 LTC 11500 12000 17,045 - - - - - - - - - - - - Total Cost $305,580 Do not use any casing other than what is listed in the inventory. Deliverables: β€’ Write a one page memo addressed to Dr. Ermila and myself describing the situations and scenarios and the selection of casing string. It should be in a narrative format. β€’ Four graphs o One for all collapse scenarios o One for all burst scenarios o One for all tensile scenarios (pipe body) o One for all tensile scenarios (joint strength) β€’ Show your casing selection collapse, burst, and tensile capabilities on your respective graphs. β€’ Be certain to show your work. β€’ Show and describe all design criteria equations used o Add sample calculations.

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Project done during Completions Engineering Course. Production casing string was designed based on casing material properties and various potential failure scenarios

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Page 1: 5-1/2" Production Casing Design

Daevin Dev 2015 PEGN 361 Project #1

Due: Friday, February 27, 2015 at 23:59 via Blackboard

This page will be the cover page for your project.

Name: DAEVIN DEV

Determine and document the following for a production casing string;

β€’ Design equation(s) and graph(s) for collapse conditions

β€’ Design equation(s) and graph(s) for burst conditions

β€’ Design equation(s) and graph(s) for tensile loading

Design and select the least expensive 5-1/2” production casing string that does not fail.

Do not use more than four sections. You can use fewer sections if it is the least expensive string Report

your design in the following table for the production casing string (top to bottom as in the

wellbore):

Weight (lbf/ft) Grade Connection Bottom depth (ft) Top depth (ft) Cost ($)

23 N80 LTC 11500 0 288,535

20 Q125 LTC 11500 12000 17,045

- - - - - -

- - - - - -

Total Cost $305,580

Do not use any casing other than what is listed in the inventory.

Deliverables:

β€’ Write a one page memo addressed to Dr. Ermila and myself describing the situations and scenarios

and the selection of casing string. It should be in a narrative format.

β€’ Four graphs

o One for all collapse scenarios

o One for all burst scenarios

o One for all tensile scenarios (pipe body)

o One for all tensile scenarios (joint strength)

β€’ Show your casing selection collapse, burst, and tensile capabilities on your respective graphs.

β€’ Be certain to show your work.

β€’ Show and describe all design criteria equations used

o Add sample calculations.

Page 2: 5-1/2" Production Casing Design

MEMO

To : Dr. Ermila & Dr. Eustes

From : Daevin Dev

Subject : Production Casing String Design Criteria

Date : 2/27/2015

An inexpensive and safe 5.5in production casing string was to be designed based on the casing material properties and several

potential failure scenarios. A table of available pipe inventory was used as the main basis of comparison and reference for t he

surface material properties. Three cases were considered as potential failure events. These were collapse, burst and tensile. Each

case was then analyzed based on two of the worst possible scenarios that could cause the casing to fail by the specified case.

Based on the analysis performed, the final casing design is estimated to cost $305,580 in material costs.

The two worst possible cases for which the casing could collapse is when the casing is evacuated and during a cementing job. In

an evacuated casing, there isn’t any fluid inside the casing but the last run mud weight, 16.5ppg in this case, is in the annulus of

the production casing. This means that there is an outer radial pressure acting inwards on the casing string and no backup lo ad to

mitigate the outer pressure. As for the cementing job, different types of fluids will be present in the annulus and one type of fluid

will be present on the inside. In our scenario, cement, spacer fluid and original mud were present in the annulus and

displacement fluid (brine) was present on the inside. Because of the varying fluid types, the casing strength requirements vary at

the different fluid depth intervals. Figure 1 graphically i l lustrates this scenario. From the graph, it is apparent that the evacuated

casing scenario has a higher casing strength requirement than the cementing scenario. Next corresponding real tension

equations for both the aforementioned scenarios were determined and its corresponding adjusted collapse pressure rating was

computed.

The two worst possible cases for which burst could occur is when there is a leak in the production tubing (especially near the

hanger) and when a pressure test is done on the casing. Both these cases account for the situation in which the fluid density on

the inside of the casing is significantly higher than the fluid density in the annulus, thus creating an outward pressure differential

that could burst the casing. In the case of leaky tubing, the completions fluid and leaked gas will exert an outward pressure on

the casing. The leaked gas pressure is exacerbated by the reservoir pressure which pushes the gas out of the tubing and into the

annulus of the tubing. The backup load here is assumed to be connate water (0.465psi/ft). In the case of pressure testing, a well

head pressure is applied onto a predetermined mud weight with the same backup load as the previous scenario. Figure 2

i l lustrates these situations.

As for tensile scenarios, the two worst cases were assumed to occur when the original mud was on the inside & outside of the

casing and when a pressure test was being done. Real tension equations were computed for both scenarios and a corresponding

pipe body strength and joint strength value were computed by multiplying the real tension by its required design factor and then

adding that product to the required margin of overpull. A few assumptions were made. First, the margin of overpull was added to

the minimum casing strength requirements. (Product solved before addition) Second, the outside mud weight for the pressure

test was assumed to be 16.5ppg.

The initial casing design selection was done by plotting all the minimum casing strength requirements , Sc (Figures 1 through 4)

and then referencing the inventory table for a casing that satisfied all the minimum requirements for collapse, burst, pipe b ody

and joint strength. The initial casing design was a 5.5in N80 23ppf LTC case which extended from surfac e to 11,500ft followed by

a 5.5in Q125 20ppf LTC which extended from 11,500ft to 12,000ft. After analyzing this initial design with the biaxial stress effects,

it was deduced that the initial design could be used as the final design. See sample calculations for computations performed to

arrive at the aforementioned conclusion of casing design.

Page 3: 5-1/2" Production Casing Design

0

1000

2000

3000

4000

5000

6000

7000

8000

9000

10000

11000

12000

0 1000 2000 3000 4000 5000 6000 7000 8000 9000 10000 11000 12000 13000 14000

De

pth

, D (

ft)

Minimum Casing Strength, Sc (psi)

Figure 1: Minimum Casing Strength Requirements For Collapse.

Evacuated Casing Minimum Strength Requirement

Cement Job Minimum Strength Requirement

Casing Collapse Strength:Cement Job

Casing Collapse Strength:Evacuated Casing

Uniaxial Stress

Different Scenarios

Worst Case

Ideal Case

Neutral Point Of Tension & Compression

Neutral Point Of Tension &

Compression

Page 4: 5-1/2" Production Casing Design

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

11,000

12,000

0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 12,000 13,000 14,000

De

pth

, D (

ft)

Minimum Casing Strength, Sc (psi)

Figure 2: Minimum Casing Strength For Burst Prevention.

Leaky Tubing

Pressure Testing

Casing Burst Strength

Different Scenarios

Page 5: 5-1/2" Production Casing Design

0 100,000 200,000 300,000 400,000 500,000 600,000 700,000

De

pth

, D (

ft)

Minimum Casing Strength, Sc (psi)

Figure 3: Minimum Casing Strength Requirements Based On Pipe Body Strength.

OMW Inside & Outside

Pressure Testing

Casing Pipe Body Strength

Different Scenarios

Page 6: 5-1/2" Production Casing Design

0 100,000 200,000 300,000 400,000 500,000 600,000

De

pth

, D (

ft)

MInimum Casing Strength, Sc (psi)

Figure 4: MInimum Casing Strength Requirements Based On Joint Strength.

OMW Inside & Outside

Pressure Testing

Casing Joint Strength

Different Scenarios

Page 7: 5-1/2" Production Casing Design

Project 1 PEGN 361 2/27/2015

Sample Calculations

Collapse Scenario: Evacuated Casing

πΏπ‘œπ‘Žπ‘‘ = 16.5

19.25𝐷

Backup = 0

𝑆𝑐 β‰₯ 1.1 Γ— (0.857𝐷)

𝑆𝑐 β‰₯ 0.9429𝐷

π‘‡π‘Ÿπ‘’π‘Žπ‘™1 = 20 Γ— (12000 βˆ’ 𝐷) βˆ’ (16.5

19.25Γ— 12000) Γ—

πœ‹

4Γ— (5.52)

π‘‡π‘Ÿπ‘’π‘Žπ‘™1 = βˆ’4371 βˆ’ 20𝐷 0 ≀ 𝐷 ≀ 11500

π‘‡π‘Ÿπ‘’π‘Žπ‘™2 = [23 Γ— (11500 βˆ’ 𝐷) + (βˆ’4371 βˆ’ 20(11500)) ]

π‘‡π‘Ÿπ‘’π‘Žπ‘™2 = 30129 βˆ’ 23𝐷

πœŽπ‘Ž =30129 βˆ’ 23(0)

πœ‹4

Γ— (5.5.2βˆ’ 4.672)

πœŽπ‘Ž = 4544.6 𝑝𝑠𝑖

π‘Œπ‘ƒπ‘Ž = 80000 Γ— √[1 βˆ’ 0.75 Γ— (4544.6

80000)

2] βˆ’ (

1

2Γ— [

4544.6

80000])

π‘Œπ‘ƒπ‘Ž = 77630.8𝑝𝑠𝑖

𝑁𝑒𝑀 πΆπ‘œπ‘™π‘™π‘Žπ‘π‘ π‘’ π‘ƒπ‘Ÿπ‘’π‘ π‘ π‘’π‘Ÿπ‘’ = 10832𝑝𝑠𝑖

Note: VBA Function used to find adjusted collapse

pressure.

Page 8: 5-1/2" Production Casing Design

Project 1 PEGN 361 2/27/2015

Collapse Scenario: Cement Job

πΏπ‘œπ‘Žπ‘‘1 = 16.5

19.25𝐷

πΏπ‘œπ‘Žπ‘‘2 = 16.5

19.25(5711) +

15

19.25(𝐷 βˆ’ 5711)

πΏπ‘œπ‘Žπ‘‘3 = 16.5

19.25(5711) +

15

19.25(10000 βˆ’ 5711) +

16.4

19.25(𝐷 βˆ’ 10000)

π΅π‘Žπ‘π‘˜π‘’π‘ = 8.7

19.25𝐷

𝑆𝑐 β‰₯ 1.1 Γ— (16.5

19.25𝐷 βˆ’

8.7

19.25𝐷)

𝑆𝑐 β‰₯ 1.1 Γ— (16.5

19.25(5711) +

15

19.25(𝐷 βˆ’ 5711) βˆ’

8.7

19.25𝐷)

𝑆𝑐 β‰₯ 1.1 Γ— (16.5

19.25(5711) +

15

19.25(10000 βˆ’ 5711) +

16.4

19.25(𝐷 βˆ’ 10000) βˆ’

8.7

19.25𝐷)

𝑆𝑐 β‰₯ 0.4457𝐷 0 ≀ 𝐷 ≀ 5711

𝑆𝑐 β‰₯ 489.51 + 0.36𝐷 5711 ≀ 𝐷 ≀ 10000

𝑆𝑐 β‰₯ 0.44𝐷 βˆ’ 310.486 10000 ≀ 𝐷 ≀ 12000

SIMILAR PROCEDURES TO COMPUTE REAL TENSION IN THE CEMENT JOB WERE REPEATED HERE.

Page 9: 5-1/2" Production Casing Design

Project 1 PEGN 361 2/27/2015

Burst Scenario: Leaky Tubing

πΏπ‘œπ‘Žπ‘‘ = 9.5

19.25𝐷 + 𝑆𝐼𝑇𝑃

π΅π‘Žπ‘π‘˜π‘’π‘ =0.465𝑝𝑠𝑖

𝑓𝑑

BHP = 16

19.25Γ— 12000 = 9974𝑝𝑠𝑖

BHT = [70 +1.8℉

100𝑓𝑑× 12000𝑓𝑑] + 459.67 = 745.67Β°R

π‘ƒπ‘π‘Ÿ = 9974 + 14.7

673= 14.842

π‘‡π‘π‘Ÿ =745.67

343= 2.174

Z = 1.36

πœŒπ‘”π‘Žπ‘  =9974

1.36 Γ—154416.04

Γ— 745.67= 0.10217𝑝𝑠𝑖/𝑓𝑑

𝑆𝐼𝑇𝑃 = 9974 βˆ’ (0.10217 Γ— 12000) = 8747.933𝑝𝑠𝑖

πΏπ‘œπ‘Žπ‘‘ =9.5

19.25𝐷 + 8747.933

𝑆𝑐 β‰₯ 1.1 Γ— (9.5

19.25𝐷 + 8747.933 βˆ’ 0.465𝐷)

𝑆𝑐 β‰₯ 0.03136𝐷 + 9622.73

Burst Scenario: Pressure Testing

πΏπ‘œπ‘Žπ‘‘ = 3500𝑝𝑠𝑖 +9.5

19.25𝐷

π΅π‘Žπ‘π‘˜π‘’π‘ = 0.465𝑝𝑠𝑖/𝑓𝑑

𝑆𝑐 β‰₯ 1.1 Γ— (3500 +9.5

19.25𝐷 βˆ’ 0.465𝐷)

𝑆𝑐 β‰₯ 0.03136𝐷 + 3850

Page 10: 5-1/2" Production Casing Design

Project 1 PEGN 361 2/27/2015

Initial Casing Design:

5.5" 23𝑝𝑝𝑓 𝑁80 𝐿𝑇𝐢 0 ≀ 𝐷 ≀ 11500

5.5" 20𝑝𝑝𝑓 𝑄125 𝐿𝑇𝐢 11500 ≀ 𝐷 ≀ 12000

Tensile Scenario: Same OMW Inside & Outside

π‘‡π‘Ÿπ‘’π‘Žπ‘™1 = 20 Γ— (12000 βˆ’ 𝐷) βˆ’ (16.5

19.25Γ— 12000) Γ—

πœ‹

4Γ— (5.5.2βˆ’ 4.7782)

π‘‡π‘Ÿπ‘’π‘Žπ‘™1 = 180052.63 βˆ’ 20𝐷 11500 ≀ 𝐷 ≀ 12000

π‘‡π‘Ÿπ‘’π‘Žπ‘™2 = [23 Γ— (11500 βˆ’ 𝐷) βˆ’ (16.5

19.25Γ— 11500) Γ—

πœ‹

4

Γ— (4.7782 βˆ’ 4.672)] + [180052.63 βˆ’ 20(11500)]

π‘‡π‘Ÿπ‘’π‘Žπ‘™2 = 206653.035 βˆ’ 23𝐷 0 ≀ 𝐷 ≀ 11500

Axial Stress

At D = 0 (surface)

πœŽπ‘Ž =206653.035 βˆ’ 23(0)

πœ‹4

Γ— (5.5.2βˆ’ 4.672)

πœŽπ‘Ž = 31171.2psi

Page 11: 5-1/2" Production Casing Design

Project 1 PEGN 361 2/27/2015

Adjusted Yield Point

At D=0 (surface)

YP = 80,000psi

π‘Œπ‘ƒπ‘Ž = 80000 Γ— √[1 βˆ’ 0.75 Γ— (31171.2

80000)

2] βˆ’ (

1

2Γ— [

31171.2

80000])

π‘Œπ‘ƒπ‘Ž = 59722.25𝑝𝑠𝑖

New Collapse Pressure Rating (Biaxial Collapse Stress)

A = 2.8762 + (0.0000010679 Γ— 59722.25 ) + (0.000000000021301 Γ— 59722.252)

βˆ’ (5.3132E βˆ’ 17 Γ— 59722.253)

A = 3.00463

B = 0.026233 + 0.00000050609 Γ— 59722.25

B = 5.6458E-02

𝐢 = βˆ’465.93 + 0.030867 Γ— 59722.25 βˆ’ 0.000000010483 Γ— 597222.252 + 3.6989𝐸 βˆ’ 14

Γ— 59722.253

𝐢 = 1348

𝑋 =5.6458E βˆ’ 02

3.00463

𝑋 = 1.879𝐸 βˆ’ 02

𝐹 = (46950000 βˆ— ((3 βˆ— 𝑋) / (2 + 𝑋)) ^ 3) / (59722.25 βˆ— ((3 βˆ— 𝑋 / (2 + 𝑋)) βˆ’ 𝑋) βˆ— (1

βˆ’ ((3 βˆ— 𝑋) / (2 + 𝑋))) ^ 2)

𝐹 = 1.983

𝐺 =1.983

1.879𝐸 βˆ’ 02

𝐺 = 3.7266𝐸 βˆ’ 02

𝐢𝑂𝐿1 = (((3.00463 βˆ’ 2) ^ 2 + 8 βˆ— (5.6458E βˆ’ 02 + 1348 / 59722.25)) ^ 0.5 + (3.00463

βˆ’ 2)) / (2 βˆ— (5.6458E βˆ’ 02 + 1348 / 59722.25))

𝐢𝑂𝐿1 = 14.462

Page 12: 5-1/2" Production Casing Design

Project 1 PEGN 361 2/27/2015

𝐢𝑂𝐿2 = (59722.25 βˆ— (3.00463 βˆ’ 1.983)) / (1348 + 59722.25 βˆ— (5.6458E βˆ’ 02 βˆ’ 3.7266𝐸

βˆ’ 02))

𝐢𝑂𝐿2 = 24.456

𝐢𝑂𝐿3 = (2 + 1.879𝐸 βˆ’ 02) / (3 βˆ— 1.879𝐸 βˆ’ 02)

𝐢𝑂𝐿3 = 35.813

OD = 5.5”

ID = 4.67”

𝑂𝐷

𝑑=

5.5

5.5 βˆ’ 4.672

𝑂𝐷

𝑑= 13.253

𝑂𝐷

𝑑≀ 𝐢𝑂𝐿1

π‘ƒπΆπ‘œπ‘™π‘™π‘Žπ‘π‘ π‘’_𝑁𝑒𝑀 = 2 βˆ— 59722.25 βˆ— (13.253 βˆ’ 1) / (13.253^ 2)

π‘ƒπΆπ‘œπ‘™π‘™π‘Žπ‘π‘ π‘’_𝑁𝑒𝑀 = 8332.59𝑝𝑠𝑖

Pipe Body Strength

𝑆𝑐 β‰₯ 1.5 Γ— (206653.035 βˆ’ 23𝐷) + 100000

𝑆𝑐 β‰₯ 409979.55 βˆ’ 34.5𝐷 0 ≀ 𝐷 ≀ 11500

𝑆𝑐 β‰₯ 1.5 Γ— (180052.63 βˆ’ 20𝐷) + 100000

𝑆𝑐 β‰₯ 370078.945 βˆ’ 30𝐷 11500 ≀ 𝐷 ≀ 12000

Joint Strength

𝑆𝑐 β‰₯ 1.8 Γ— (206653.035 βˆ’ 23𝐷) + 100000

𝑆𝑐 β‰₯ 471975.5 βˆ’ 41.4𝐷 0 ≀ 𝐷 ≀ 11500

𝑆𝑐 β‰₯ 1.8 Γ— (180052.63 βˆ’ 20𝐷) + 100000

𝑆𝑐 β‰₯ 424094.73 βˆ’ 36𝐷 11500 ≀ 𝐷 ≀ 12000

Page 13: 5-1/2" Production Casing Design

Project 1 PEGN 361 2/27/2015

Tensile Scenario: Pressure Testing

π‘‡π‘Ÿπ‘’π‘Žπ‘™1 = 20 Γ— (12000 βˆ’ 𝐷) βˆ’ (16.5

19.25Γ— 12000) Γ—

πœ‹

4Γ— (5.52)

+ [8.7

19.25Γ— 12000 + 3500] Γ—

πœ‹

4(4.7782)

π‘‡π‘Ÿπ‘’π‘Žπ‘™1 = 155625.8 βˆ’ 20𝐷 11500 ≀ 𝐷 ≀ 12000

π‘‡π‘Ÿπ‘’π‘Žπ‘™2 = [23 Γ— (11500 βˆ’ 𝐷) βˆ’ (8.7

19.25Γ— 11500 + 3500) Γ—

πœ‹

4

Γ— (4.7782 βˆ’ 4.672)] + [155625.8 βˆ’ 20(11500)]

π‘‡π‘Ÿπ‘’π‘Žπ‘™2 = 197096 βˆ’ 23𝐷 0 ≀ 𝐷 ≀ 11500

Note: Similar procedures to determine the biaxial collapse stress in the first tensile scenario were done

for this tensile scenario as well.

Pipe Body Strength

𝑆𝑐 β‰₯ 1.5 Γ— (183155.6 βˆ’ 23𝐷) + 100000

𝑆𝑐 β‰₯ 374733.4 βˆ’ 34.5𝐷 0 ≀ 𝐷 ≀ 11500

𝑆𝑐 β‰₯ 1.5 Γ— (155625.8 βˆ’ 20𝐷) + 100000

𝑆𝑐 β‰₯ 333438.7 βˆ’ 30𝐷 11500 ≀ 𝐷 ≀ 12000

Page 14: 5-1/2" Production Casing Design

Project 1 PEGN 361 2/27/2015

Depth, D (ft) Real Tension, Treal (lbf) Axial Stress, Οƒa (psi) Adjusted Yield Point, YpaC (psi) New Collapse Pressure Rating, Pc (psi)

0.0 131392.3 19819.0 68227.6 9519.3

10096.2 -100820.3 -15207.5 86512.2 11987.1

12713.6 -161020.4 -24288.0 89329.3 12303.9

13049.6 -168748.4 -25453.7 89629.9 12337.5

13085.3 -169568.9 -25577.4 89661.0 12341.0

13089.0 -169653.6 -25590.2 89664.2 12341.4

13089.3 -169662.4 -25591.6 89664.5 12341.4

13089.4 -169663.3 -25591.7 89664.6 12341.4

13089.4 -169663.4 -25591.7 89664.6 12341.4

13089.4 -169663.4 -25591.7 89664.6 12341.4

13089.4 -169663.4 -25591.7 89664.6 12341.4

13089.4 -169663.4 -25591.7 89664.6 12341.4

13089.4 -169663.4 -25591.7 89664.6 12341.4

13089.4 -169663.4 -25591.7 89664.6 12341.4

13089.4 -169663.4 -25591.7 89664.6 12341.4

Table 1: Iteration To Find The Theoretical Depth Of Failure For The Top Casing In Cement Job Scenario

Joint Strength

𝑆𝑐 β‰₯ 1.8 Γ— (183155.6 βˆ’ 23𝐷) + 100000

𝑆𝑐 β‰₯ 429680 βˆ’ 41.4𝐷 0 ≀ 𝐷 ≀ 11500

𝑆𝑐 β‰₯ 1.8 Γ— (155625.8 βˆ’ 20𝐷) + 100000

𝑆𝑐 β‰₯ 380126.44 βˆ’ 36𝐷 11500 ≀ 𝐷 ≀ 12000

ITERATION TO FIND THEORETICAL FAILURE DEPTH

Iteration using the real tensile equations and adjusted collapse pressure ratings for cement job, since

that is the worst case for collapse.

Find Neutral Point of Tension & Compression

π‘‡π‘Ÿπ‘’π‘Žπ‘™1 = 132711.2 βˆ’ 23𝐷

D = 5770.05ft

Theoretical Failure Point = 13089.4ft

Page 15: 5-1/2" Production Casing Design

Project 1 PEGN 361 2/27/2015

Given the new Collapse Pressure = 9519.3psi

&

𝑆𝑐 β‰₯ 0.9429𝐷 for the evacuated casing scenario which has a higher casing strength requirement than

the cement job scenario

Next Iteration Depth Would Be:

𝐷 =9519.3

0.9429= 10096.2𝑓𝑑

Keep repeating these steps until the depths & new collapse pressure ratings converge.

Final Casing Design

5.5" 23𝑝𝑝𝑓 𝑁80 𝐿𝑇𝐢 0 ≀ 𝐷 ≀ 11500

5.5" 20𝑝𝑝𝑓 𝑄125 𝐿𝑇𝐢 11500 ≀ 𝐷 ≀ 12000

COST ANALYSIS

N80 Casing Price per foot: $25.09

Total Length: 11500ft

Q125 Casing Price per foot: $34.09

Total Cost = (11500 x $25.09)+(500 x $34.09)

Total Cost = $305,580