| Exploration Well Cost To Upper Targets | Espanol |
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Well Cost Schedule to 2100 Meters, Work Description: Drill 12.25" hole to 100m. Set 9.625" casing. Drill 8.5" hole with low solids mud system to 2100m. Log. Run 7" casing. Rig mobilization is an annual cost which might be avoided. Costs were extrapolated from a higher cost inaccessible jungle. PetroInti 13 Charlottetown Place St. John's, Newfoundland A1A 2P5 FAX: 1 (709) REX-LIMA |
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Well Cost Schedule to 2100 Meters,
8" diameter well to the base of the shallow target horizons
P/DAY DRILL RUN CSG TOTAL
COST & LOG TEST, COM WELL COST
Expenses \ Days > 62 7 69
Administrative Overhead 1500 93000 10500 103500
Bits, Scrapers, Reamers 30000 2000 32000
Camp and Catering 600 37200 4200 41400
Casing Inspection & Repair 15000 10000 25000
Cementing 40000 20000 60000
Contract Labour 200 12400 1400 13800
Core Handle and Analysis 20000 10000 30000
Direct Supervision 1300 80600 9100 89700
Drilling Rig 10000 620000 70000 690000
Electric Logging 150000 50000 200000
Formation & WSO Tests 15000 20000 35000
Lab Tests 5000 10000 15000
Location & Road +/- 5 km. 150000 0 150000
Air Strip,Wharf,Whse&Camp 70000 0 70000
Misc. Services 500 31000 3500 34500
Misc. Supplies 200 12400 1400 13800
Mud & Chemicals, MW=9.0 135000 30000 165000
Mud Logging 600 37200 4200 41400
Other Maint. & Repairs 200 12400 1400 13800
Perforating 0 26000 26000
Rig Mob & Demob 900000 0 900000
Tool & Equipment Rentals 1500 93000 10500 103500
Trans. - Materials 150000 50000 200000
Trans. - Others 500 31000 3500 34500
Well Stimulation 0 50000 50000
Water Supply 50000 0 50000
Contingency 20% 348040 79540 427580
TOTAL INTANGIBLES 3138240 477240 3615480
Casing - 9.625" 15000 0 15000
Casing - Production 7" 0 105000 105000
Casing Accessories 35000 15000 50000
Downhole Equipment 0 20000 20000
Surface Lift Equipment 0 0 0
Tubing 0 40000 40000
Wellhead Equipment 18500 35000 53500
TOTAL TANGIBLES 68500 215000 283500
TOTAL 3206740 692240 3898980
 South America's Geology
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Deeper Drilling Costs  |