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Research ArticleOpen accessPhrase in the titleReal-Time Simulation Method Using Monte Carlo and Clustering Algorithms: A Case Study Covering Drill Bit WearRodolfo Wilvert Reitz, Paulo José de Freitas FilhoMinimization of the cost of drilling an oil well is primarily achieved by reducing the operation completion time, which in turn can be achieved by increasing the Rate of Penetration (ROP). The ROP is the result of a combination of factors, such as lithological formation, operational parameters and bit wear. This paper addresses bit wear during drilling, using a method … …Journal of Computer Science, Vol. 14, Issue 2 · 27 Feb 2018 · 8,210 accessesView PDF Cite

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