Real-Time Analytics Drive a 360% ROP Increase for North Sea Operator

Faced with declining bit performance in the 17.5" section, the drilling team made a strategic decision to trip the bit early. Leveraging real-time performance data, they replaced the underperforming bit and completed the remainder of the section in just 46 hours—far ahead of the projected 145 hours if the bit had remained in place. The result: a time savings of nearly 100 hours (over 4 days) and a significant uplift in on-bottom ROP.

This operational breakthrough translates to approximately $6 million per year in efficiency gains, based on a $300k per day spread rate. Powered by Corva’s analytics platform, the team demonstrated how fast, data-driven decisions can drastically improve performance and deliver measurable ROI in high-cost drilling environments.