Optimization of Rock-Bit Life Based on Bearing Failure Criteria

This paper reports that recent advances in rock-bit seal technology have allowed greater predictability of bearing life. Cone loss following bearing failure incurs costs related to remedial activities. A risk analysis approach, incorporating bearing-life relationships and the inter-dependence of drilling events, is used to formulate a bit-run cost-optimization method. The procedure enables a choice to be made between elastomeric and metal seals on a lowest-replacement-cost basis. The technique also provides a formal method for assessing the opportunity cost for using a device to detect bit-bearing failures downhole.