1. A computer implemented method for correcting data points acquired during well drilling, the method comprising: (a) reading, using a processor, the data points from a computer readable medium, wherein the data points represent at least one of hole depth of a well, rate of penetration of a drill bit used to drill the well, depth of the drill bit, on bottom rate of penetration of the drill bit, weight on the drill bit, rotations per minute of a drill string used to drill the well as measured at surface, rotary torque applied to the drill string as measured at the surface, and total pump output of a drilling fluid pump as measured at the surface; (b) applying, using the processor, a tag to one or more of the data points wherein the tag corresponds to a characteristic of the one or more of the data points; (c) identifying, using the processor, a data fault indicative of inaccurate data in the one or more of the data points associated with the tag; and (d) correcting, using the processor, the data fault.