Petromium Tools / Formula set COST-NPT-001

Drilling Cost & NPT Tracker

Activity timeline · spread accrual · explicit NPT attribution · SPE bit-run audit· V2.0

Context
Depth units
Stored only in this browser · rate basis and every depth/duration unit are independently editable

Animated reconciliation

Rig-time, cumulative cost, and NPT Pareto

Rig-time ribbon

Direct user classification · gaps stay unclassified

24 h

OPERATING4 h00:00OPERATING3 h04:00OPERATING5 h07:00NPT5 h12:00OPERATING3 h17:00OPERATING4 h20:00OPERATINGNPTEXCLUDEDUNCLASSIFIED = UNFILLED

Operating

19 h

NPT

5 h

Excluded

0 h

Unclassified

0 h

Cumulative cost

Actual accrual · linear budget reference

USD 320k

USD 0USD 80kUSD 160kUSD 240kUSD 320k0 h24 h

NPT cause Pareto

Lost circulation
5 h · USD 77k

Review · not an approval

Reporting-window status

Actual report cost

USD 320,000

Attributed NPT cost

USD 76,958

NPT / counted

20.83%

Budget variance

USD 20,000

All classifications, cause labels, responsibility labels, rates, and costs are direct entries. This tool does not infer policy, root cause, liability, contractual responsibility, or approval.

Timeline, rates, and costs remain separate

Drilling cost and NPT worksheet

Activity timeline

Overlaps are blocked. Gaps remain unclassified. Time class and plan status are deliberately independent.

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Time-rate cost components

Multiple components may overlap. Switching day/hour basis preserves the same effective hourly rate.

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Direct cost ledger

A direct cost becomes NPT-attributed only when linked to an explicitly NPT-classified activity.

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SPE PEH bit-run comparison

Independent Eq. 11.1 relationship; no bit or drilling-practice recommendation is made.

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Calculated: USD 16,150 total · USD 14.04 per ft

Calculation complete

Calculation audit

0 warnings

Report hours

24 h

Counted hours

24 h

Entered drilled

450 ft

All-in cost / ft

USD 711.11

Time-rate cost

USD 235,000

Direct cost

USD 85,000

Both NPT denominators are retained: 20.83% counted and 20.83% elapsed.

Calculation observations

USER_CLASSIFICATION_POLICY

NPT, plan status, cause, and responsibility are direct user classifications; the tool does not infer company policy, root cause, or liability.

REFERENCE_DATA_REPLACEMENT

The loaded values are a reference example only and must be replaced with controlled DDR, tour-sheet, cost, AFE, and contract records.

Operational warning: reconcile controlled DDR/tour sheets, company NPT policy, time zone, contracts, tickets, invoices, accrual cutoff, AFE/WBS, taxes, FX, and finance-approved values. Attribution is not liability or approval.
COST-NPT-001 v1.0.0 · explicit time classes · overlap accrual · SPE PEH Eq. 11.1Reference example loaded — replace it with controlled DDR, cost, contract, and NPT-policy records.