GREY:ENGFF - Post by User
Comment by
Columbus1494on Jan 22, 2011 8:43pm
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Post# 18013163
RE: RE: RE: RE: well costs
RE: RE: RE: RE: well costsSeekthetruth,
Exploration wells most often are vertical so my point is that the cost of a well at Lotshi
should be 3 times cheaper than the numbers in the presentation Wallywill posted.
In the presentation a horizontal producing well was estimated to cost 10-12m$,in that price 20% infrastructure
cost was included.So a well at Lotshi could be 3 times cheaper - 20% than 10-12m$.