Question: 1. Bit Evaluation Bit Bit Cost ($) Rotating Hrs Connection Time (Hrs) ROP (ft/hr) Acme 15 30 0.1 0.4 Our drilling rig costs $200,000 per

1. Bit Evaluation Bit Bit Cost ($) Rotating Hrs Connection Time

1. Bit Evaluation Bit Bit Cost ($) Rotating Hrs Connection Time (Hrs) ROP (ft/hr) Acme 15 30 0.1 0.4 Our drilling rig costs $200,000 per day Trip time is estimated Based on cost/ft, which bit would you choose? Show calculations. hours

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