Abstract: Methods and apparatus for accurately determining drill bit depth are provided. A hook load is sampled at a rate of at least 4 Hz and is compared to a low threshold to establish a slips-in condition. A determination is made retroactively that the drill string stopped moving when the hook load passed through a high dynamic threshold. On the slips-out procedure, the identical high threshold is used, with movement established when the hook load exceeds the high threshold. The high dynamic threshold corresponds to the points at which the drill string actually stops and starts moving in the slips-in and slips-out procedures. The apparatus provided is a drawworks encoder mounting assembly which retrofits an auxiliary brake section of the drawworks or the rotary seal air coupler of a drawworks clutch. A split ring gear fits around and is secured to the rotating cylinder of the rotary seal air coupler.