The study is aimed to calculate an innovative numerical index for bit performance evaluation called Bit Index (BI), applied on a new type of bit database named Formation Drillability Catalogue (FDC). A dedicated research programme (developed by Eni E&P and the University of Bologna) studied a drilling model for bit performance evaluation named BI, derived from data recorded while drilling (bit records, master log, wireline log, etc.) and dull bit evaluation. This index is calculated with data

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... llected inside the FDC, a novel classification of Italian formations aimed to the geotechnical and geomechanical characterization and subdivisions of the formations, called Minimum Interval (MI). FDC was conceived and prepared at Eni E&P Div., and contains a large number of significant drilling parameters. Five wells have been identified inside the FDC and have been tested for bit performance evaluation. The values of BI are calculated for each bit run and are compared with the values of the cost per metre. The case study analyzes bits of the same type, diameters and run in the same formation. The BI methodology implemented on MI classification of FDC can improve consistently the bit performances evaluation, and it helps to identify the best performer bits. Moreover, FDC turned out to be functional to BI, since it discloses and organizes formation details that are not easily detectable or usable from bit records or master logs, allowing for targeted bit performance evaluations. At this stage of development, the BI methodology proved to be economic and reliable. The quality of bit performance analysis obtained with BI seems also more effective than the traditional "quick look" analysis, performed on bit records, or on the pure cost per metre evaluation.