That's a very difficult question to answer without knowing your data. You are asking for performance but not telling about your space requirements. Is your 500GB sufficient? You may want to start with UTIL equal to WORK and monitor closely. Be prepared to add when you see your space being consumed totally.
What strikes me is what seems like a rather high WAIT-FOR-IO percentage. If it is 75%, you may have an issue that will not likely be completely solved by adding separate UTIL space. I know it is a recommended configuration and it will help, but when applied in a system where I/O is constrained like yours seems to be the I/O throughput to UTIL will likely also be less than desired. Look at other bottlenecks first. Do you use striping/RAID? WORK/UTIL do not usually require the resiliance of a RAID5, 6 or 10 like the locations where your data is stored. RAID2 can give you the performance boost you're looking for. A single SAS or SATA channel to an SSD is still a bottleneck so consider spreading out over multiple channels. Divide and conquer. Look at the complete storage architecture and then decide to split WORK and UTIL. And keep them local, on a SAN or on a special purpose shared storage system like GPFS. Never use a NAS with NFS or CIFS (Windows shares). Not even a fancy Scale-out NAS, no matter what the sales people tell you. Just don't. Ever. Tell them I told you so. Do throughput benchmark tests outside of SAS. There are many (open source) utilities Look at large blocksizes (>256k) with a 50/50 read-write ratio. Also look for high throughput rather than high IOPS.
SAS is very I/O intense and tuning your I/O needs careful consideration. It can become cumbersome and expensive, but also very rewarding. Embark on a journey and do not expect quick returns. But they can be big.
Hope this helps,
- Jan.