Utilization is defined as the percentage of available time during which the equipment is effectively operating in productive drilling activities. Operational elasticity represents the sensitivity of utilization to changes in availability and can be expressed as: = %∆ %∆ ( 1 ) In regression-based terms, operational elasticity can be estimated as: = ∙ ̅ ̅ ( 2 ) Where: ● β is the slope coefficient obtained from linear regression. ● X̄ is the average mechanical availability. ● Ȳ is the average utilization. A negative elasticity value indicates that increases in availability are not translated into proportional increases in utilization, suggesting that operational constraints dominate performance. 7. METHODOLOGY This research follows a quantitative analytical approach based on the use of historical operational records. The methodology consisted of integrating operational databases, calculating KPIs, applying regression analysis, and evaluating the causes of unproductive time. 7.1 Data Sources Two databases were used: 7.1.1 Production Database Contains records of drilled meters per shift including date, shift, equipment, and drilled meters.
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