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AbstractThe conservation of energy principle is applied to analyze wellbore stability. A conceptual model and simple method to quantifj the energy associated with the main events during drilling are proposed here. However, evaluation of the consequences in terms of damage to the reek requires qxeially designed tests to determine the response of the reek in terms of energy. This approach can explain the failure mechanisms usually observed in laboratory tests and most of the problems faced in the field. In view of this new approach, adequate solutions to effectively alleviate current instability problems are discussed, Successful field cases are described demonstrating the validity of the suggested failure mechanisms.