Abstract: A recursive method of optimizing rate of penetration while drilling a well. The method can include collecting historical data on a plurality of drilling parameters, performing a mathematical analysis on the historical data to correlate each drilling parameter to a rate of penetration, determining an importance of each drilling parameter, establishing an operating envelope for each drilling parameter, and adjusting at least one drilling parameter to achieve a desired rate of penetration. The steps can then be repeated at a user defined interval.

Abstract: A method for quantifying frac hits within a few days using a novel pressure-transient analysis technique called differential pressure-transient analysis (DPTA). Unlike pressure transient analysis (PTA) methods, focused on single-well analyses, DPTA evaluates pressure response from two or more wells simultaneously to (1) determine the existence of frac hits, and (2) determine the degree of interference, defined as the ratio of inter-connected to total number of primary fractures from a given well. The output from (2) can be subsequently used to accurately predict oil and/or gas production rates for infill and offset wells.