This document provides a method for calculating surge and swab pressure during drilling operations. It involves determining pressure losses separately around the drill pipe and drill collar based on their geometry, fluid properties, and flow velocities. The pressure losses are then summed to obtain the total pressure loss, which is used to calculate surge and swab pressures by adding to and subtracting from the hydrostatic pressure, respectively. Key steps include calculating fluid shear stresses and equivalent flow rates around each component to determine the individual pressure losses.