When to Trust a Statistical Drilling Benchmark and When Not To
A benchmark is trustworthy only when its population, independent unit, measurement method, weighting, dispersion, selection, and recency fit the decision.
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Statistical methods for comparing drilling execution without hiding context or uncertainty.
A benchmark is trustworthy only when its population, independent unit, measurement method, weighting, dispersion, selection, and recency fit the decision.
Read article →Percentiles locate observations within a defined population. Metric direction, analytical unit, weighting, cohort, spread, and sample size determine their meaning.
Read article →Averages can hide repeatability, multimodal behavior, and rare operational delays. Distributions reveal what is typical, variable, and worth investigating.
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