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What is Drilling Cost Breakdown and Estimation about?

The document provides information about drilling costs, including: - Drilling a vertical well to 2000m takes 50 days, while a horizontal well to 3500m takes 75 days. - Drilling engineering costs $4500 per meter drilled. - Total drilling costs are broken down by categories depending on shallow or deep water drilling, with rig hire and drilling engineering making up the largest portions. - Additional subsea costs include $2 million for xmas trees and $0.5 million for subsea control modules. - The valu

Author

Joseph Anthony Carew

Language

EN