Abstract

HERNANDEZ MARTINEZ, Henry Daniel  and  LEMUS POLANIA, Diego Fernando. Time Series Model for the Rate of Penetration in a Reference Oil Well: Puerto Boyacá - Colombia Case. ing.cienc. [online]. 2015, vol.11, n.22, pp.151-172. ISSN 1794-9165.  https://doi.org/10.17230/ingciencia.11.22.7.

In this work, a time series control model was identified to describe the rate of penetration in a reference oil drilling well named V_***. The oil field development plan was named VEL (located in the Magdalena Medio Valley, municipality of Puerto Boyacá - Colombia). The fitted values of the identified model and its 95% confidence interval can be used to guide the wells drilling process for the same field in order to reduce uncertainty in operation times. It is necessary to make a comparative analysis between different ROP drilling processes to verify that the presented methodology can be used in the entire field

Keywords : penetration rate; long memory process; ARFIMA model; optimization.

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