This paper presents a tubular reciprocating translational motion permanent magnet synchronous motor for percussive drilling applications for offshore oil & gas industry. The motor model and rock model are built up by doing force analysis of the motor and analyzing the physical procesof impact. The optimization of input voltage waveforms to maximize the rate of penetration is done by simulations. The simulation results show that the motor can be utilized in percussive drilling applications and achieve a very large impact force. Simulation results for optimization also show that second harmonic input voltage produces a higher rate of penetration than the sine wave and fourth harmonic input voltages.