2015 Well Cost Study

Transcription

2015 Well Cost Study
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Upcoming Summer Costs - Published April 30, 2015
© 2015 Petroleum Services Association of Canada (PSAC) - Reproduction rights reserved. Nothing herein may be reprinted in part or in whole without explicit permission from PSAC.
PSAC 2015 Well Cost Study – Upcoming Summer Costs – published April 30, 2015
Table of Contents
page 1
Introduction
Objective
1
Well Information Provided
2
Methodology
3
Summer 2015 Costs
4
Well Summary Table
5
PSAC Area Map
6
Drilling Cost Directory
7
Completion Cost Directory
9
BC1 & BC2 British Columbia
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64
AB1 Foothills
86
AB2 Foothills Front
124
AB3 Southeastern Alberta
151
AB4 East Central Alberta
176
AB5 Central Alberta
208
AB6 Northeastern Alberta
221
AB7 Northwestern Alberta
253
SK1 Central Saskatchewan
281
SK2 Southwestern Saskatchewan
306
SK3 Eastern Saskatchewan
325
MB
Manitoba
Well cost data and consulting by N.L. Fisher Supervision & Engineering Ltd.
Schematics by Weatherford Completion Systems
© 2015 Petroleum Services Association of Canada (PSAC) — Reproduction rights reserved. Nothing herein may be reprinted in part or in whole without explicit permission from PSAC.
While all reasonable effort is made to ensure the quality of the source of data and the accuracy of this report, PSAC, N.L. Fisher Supervision & Engineering Ltd. and
Weatherford Completion Systems accept no liability for the contents of this Study.
1
Introduction
The semi-annual PSAC Well Cost Study has been produced by the Petroleum Services Association of Canada (PSAC) since
1981. N.L. Fisher Supervision & Engineering Ltd. is the official supplier of all well drilling and completion data estimates
for the Study. PSAC would also like to acknowledge Weatherford Completion Systems for providing the downhole
assembly schematics for each well in the Study.
Drilling and completion well costs are being provided in the 2015 Well Cost Study for a list of 51 wells. This selection of
wells is a reflection of current well types along with previously drilled wells which are left in the study for historical
tracking purposes. This accounts for recent operator interests in developmental and exploratory activity, as well as
horizontal, coil tubing, SAGD and natural gas from coal (NGC) drilling activity.
The wells listed in this study reflect wells drilled in western Canada. Each well has been sorted by PSAC area. A summary
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table listing all of the “typical wells”, as well as their location, well status, well type and depth is contained on page 4. Some
of the wells are not included in this year’s study due to inactivity in the area. A PSAC area map is provided on page 5.
Objective
The Well Cost Study is a popular tool used by oil and gas company exploration, drilling and completions personnel for
multiple purposes, some of which include:
• Scoping out typical drilling cost estimates and drilling times in new areas
• Benchmarking and comparing budgeted and actual costs
• General planning or forecasting of activity levels
When used in conjunction with the PSAC Canadian Drilling Activity Forecast, the Well Cost Study can help petroleum
service companies determine potential market sizes for drilling and completion products and services, as well as pricing
and activity direction.
Well Information Provided
The following information is supplied for each typical well:
• Well description with drilling and completion assumptions
• Drill and complete AFE
• Detailed drilling estimate
• Detailed completion estimate
• Downhole assembly schematic
2
Methodology
Typical Well
Each typical well is named after a known field or major centre in the general vicinity. Well depths, pool names and
approximate locations are also supplied for terms of reference when proposing drilling and completion parameters.
Due to the multiplicity of variables associated with drilling and completion operations, the typical well cost is an
approximation of current prices, based on the experience of N.L. Fisher Supervision & Engineering.
Assumptions
• The estimates were constructed assuming summer drilling operations and includes pricing obtained from
discussions with various service providers.
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• Camps were included in remote locations.
Detailed Cost Estimates
Detailed estimates were prepared based on current pricing in the industry and actual experience in the 51 locations.
Terminology has been adjusted in a few instances to more closely describe costs incurred. Discounts in areas of pad
drilling or large shallow gas drilling can vary and should be treated as such.
At the time of writing, prices of various services are fluctuating. Considering that charges vary from supplier to supplier,
the estimates in this document provide the most up-to-date estimate of prices.
AFE Cost Summary Sheet
Each “typical well” AFE Sheet is a summary of the detailed drilling and completion costs provided.
Data Qualifications
Many factors directly impact drilling and completion costs even within a field or typical area, for example, leases
impacted by weather conditions. Costing is therefore at best speculative and should not be taken to represent “actual”
well costs. However, major services such as drilling rigs often set prices for a four-to-five month period. This pricing has
been incorporated into the Study costs.
Factors that may influence well costs may include, but are not limited to:
• Type and size of company or operation
• Sweet or sour production
• Company policy
• Surface conditions
• Company drilling practices
• Well location and nearby infrastructure
• Economic environment
• Drilling program
• Commodity prices
• Mud program
• Developmental or exploratory target
• Evaluation program
• Oil or gas play
• Completion methodology (i.e. dual zones)
3
Summer 2015 Costs
Major goods and services influencing the general direction of drilling and completion costs are as follows:
• Service rigs
• Trucking/rig moving
• Road and site preparation
• Drilling fluids
• Trucking
• Evaluation/logging
• Cased hole logging and perforating
• Cement and cementing services
• Tubing and attachments
• Casing
• Stimulation
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• Construction
• Drill bits
• Pumping equipment
• Wellsite accommodations
• Wellheads
• Rentals
• Safety services
• Fuel
• Testing
• Land, engineering, supervision and administration
• Rig rates
• Completion costs
• Safety programs
For additional information or comments, please contact:
Peter Cameron, C.E.T.
NL Fisher Supervision & Engineering Ltd.
Tel: (403) 266-7478
Email: [email protected]
Website: www.nlfisher.com
For additional information or comments, please contact:
Mark Salkeld, President
Petroleum Services Association of Canada
Tel: (403) 781-7383
Email: [email protected]
Disclaimer:
While all reasonable effort is made to ensure the quality of the source of data and the accuracy of this report, the Petroleum Services Association of
Canada (PSAC), N.L. Fisher Supervision & Engineering Ltd. and Weatherford Completion Systems accept no liability for the contents of this Study.
5
PSAC Area Map
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Tuktoyatuk
YT
Whitehorse
NT
NU
Yellowknife
BC2
Fort
Nelson
AB6
AB7
Fort
St. John
Fort
McMurray
Grande
Prairie
BC3
BC1
AB2
SK1
AB5
SK3
St. John's
NL
MB
Edmonton
AB4
AB1
Vancouver
Red
Deer
ON
Saskatoon
QC
NB
Calgary
AB3
Victoria
Lloydminster
SK2
PE
Charlottetown
Fredericton
Regina
Quebec
Lethbridge Swift
Current
Winnipeg
Thunder Bay
NS
Halifax
Montreal
Ottawa
Toronto
BC1
BC2
BC3
AB1
AB2
AB3
AB4
AB5
AB6
AB7
Southern British Columbia
Northern British Columbia
Coastal British Columbia
Foothills
Foothills Front
Southeastern Alberta
East Central Alberta
Central Alberta
Northeastern Alberta
Northwestern Alberta
SK1
SK2
SK3
MB
ON
QC
EC
NC
Central Saskatchewan
Southwestern Saskatchewan
Eastern Saskatchewan
Manitoba
Ontario
Quebec
Eastern Canada
NB New Brunswick
NS Nova Scotia
PE
Prince Edward Island
NL
Newfoundland & Labrador
Northern Canada YT
Yukon
NT Northwest Territories
NU Nunavut
6
Drilling Cost Directory
AFE DRILLING COST ITEM
DETAILED DRILLING ESTIMATE SHEET
CATEGORY
Well License / OGC Applications
Surface Lease & Survey
License Fees
Lease Acquisition
Surveying
Total Construction Cost - Lease Clean-Up
Lease Clean-up
Lease Clean-up
Rig Move
Rig Permit Rig Contract
Demob / Interwell Move
Rig-in / Tear-out Labour
Daywork
Additional Labour Costs
Standby
Directional Drilling Services
Boiler
Bits - Surface Hole
Bits - Intermediate Hole
Bits - Main Hole
Bits - Openhole
Fuel
Fuel Storage
Water and Trucking
Surface Mud and Chemicals
Main Mud and Chemicals
Mud Logging
Crew Transportation
Crew Subsistence
CSA Extra Crew
Cores Cut
Drill Stem Tests
Electric Logging
Surface Casing
Attachments and Accessories
Tongs
Cement and Service
Intermediate Casing
Tongs
Cement and Service
Wellsite Trailer(s)
Sump Pump(s)
Surface Equipment
Solids Control Equipment
High Speed Mixer(s)
Tank Rental
Downhole Tool Rentals
Geological Rentals
Trucking and Hauling
Fluid Hauling
Vacuum Truck and Disposal
Drilling Supervisor
Well Site Geologist
Planning and Programs
Communications
Inspection and Repair
Insurance
Safety
Waste Management
Welding
Contingency @ 5%
Miscellaneous @ 2%
Overhead on Subtotal @ 3,2,1
Abandonment Cement
Cement Plug Logging
Pre-Drill & Planning
Construction
Construction
Service & Supplies
Rig Contract
Rig Contract
Rig Contract
Rig Contract
Rig Contract
Rig Contract
Rig Contract
Service & Supplies
Rig Contract
Service & Supplies
Service & Supplies
Service & Supplies
Service & Supplies
Rig Contract
Rig Contract
Rig Contract
Service & Supplies
Service & Supplies
Service & Supplies
Rig Contract
Rig Contract
Rig Contract
Service & Supplies
Service & Supplies
Service & Supplies
Casing & Cementing
Casing & Cementing
Casing & Cementing
Casing & Cementing
Casing & Cementing
Casing & Cementing
Casing & Cementing
Casing & Cementing
Rentals
Rentals
Rentals
Rentals
Rentals
Rentals
Service & Supplies
Supervision & Administration
Service & Supplies
Service & Supplies
Service & Supplies
Service & Supplies
Service & Supplies
Service & Supplies
Service & Supplies
Preparation & Roads
Cleanup
Rig Move
Daywork
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Directional Costs
Boiler
Bits
Fuel & Power
Water
Mud & Chemicals
Crew Travel
Camp & Subsistence
Coring & Analysis
DST & Analysis (1 DST)
Logging
Surface Casing & access.
Cementing - Surface
Intermediate Casing & access.
Cementing - Intermediate
Equipment Rentals
Transportation
Supervision & Consulting
In-house Engineering (Drilling)
Equipment Inspection
Well Insurance
Other Services (Safety)
Environmental Services
Misc. Costs
Overhead
Abandonment Cost
Casing & Cementing
Casing & Cementing
7
Completion Cost Directory
AFE COMPLETION COST ITEM
DETAILED DRILLING ESTIMATE SHEET
Prod. Csg. & Accessories
Production Casing (Casing & Cementing)
Attachments and Accessories (Casing & Cementing)
Tongs (Casing & Cementing)
Cement and Service (Casing & Cementing)
Cementing - Production
Tubing & Accessories
Wellhead Equipment
Remedial Cementing
Service Rig
Tubing
Wellhead
Remedial Cementing
Service Rig
Boiler
CSA
Crew Transportation
Cased Hole Logs
Wireline
Perforating and Logging
Stimulation
Production Test
Fluids Analysis
Hauling and Trucking
Surface Equipment Rentals
Downhole Equipment Rentals
Packers, Plugs, Retainers
Water and Trucking
Completion Fluids and Chemicals
Snubbing
Nitrogen
Inspection / Safety
Completions Supervisor
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Logging (cement bond log)
Slickline/Wireline (Other)
Perforating
Stimulation (Frac or Acid)
Testing / Pressure Surveys
Gas / Liquid Analysis
Transportation
Equipment Rentals
DETAILED COMPLETION
ESTIMATE SHEET
Downhole Tools (intangibles)
Completion Fluids
Snubbing
Nitrogen
Inspection / Safety
Wellsite Supervision
In-house Engineering (Completions)
Other Services
Misc. Costs
Overhead
Vacuum Truck
Environmental
Lease and Road Maintenance
Contingency @ 5%
Miscellaneous @ 2%
64
Area AB1 Foothills
AB1A
AB1B
AB1C
Burmis - Foothills - Alberta Twp 7 Rge 6 W5M
Cutpick - Foothills - Alberta Twp 60 Rge 7 W6M
Cutpick - Foothills - Alberta Twp 60 Rge 7 W6M
Geology
Production is predominantly gas (sour), with varying levels of gas liquids. The principal zones are the Rundle Group of the Mississippian and
Cretaceous Cardium and Viking sands.
Area Highlights
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Area AB1 encompasses the eastern slopes and foothills of the Rocky Mountains in Alberta. Wells drilled here are typically vertical and
some of the deepest in western Canada. These wells are technically challenging, and pose both safety and environmental regulatory
compliance issues. Wellsites are often remote from towns and service and supply centres. The cumulative result is that on a dollar-permetre basis, this is the generally most expensive area to drill in western Canada.
Fort
Nelson
AB6
AB7
Fort
St. John
Fort
McMurray
Grande
Prairie
AB2
SK1
AB5
Edson Edmonton
AB1
r
AB4
Red
Deer
Lloydminster
Provost
Saskatoon
Calgary
AB3
SK2
Lethbridge
Swift
Current
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AB1A
Burmis - Foothills
Alberta Twp 7 Rge 6 W5M
Well Cost Estimate
Gas
D
Y
Wabamun
4500
4000
1.6
C
Invert
Y
N
N
Y
150
35000
35000
Total Days Rig-in to Tear-out
Rig Type/Size
Rig Loads
Rig Move (days)
Rig Transport Distance (km)
Rig Crew (# men)
Extra Men
Rig Fuel (litres/day)
Fuel Cost ($/l)
Camp Required (Y/N)
Camp (# of men)
Camp Loads
Camp Cost
188
Triple
50
4
150
12
1
4000
$0.75
Y
40
8
$7,000
Surface Casing Set Depth (m)
Surface Casing Spec.
Intermediate Casing Set Depth (m)
Intermediate Casing Spec.
Production Casing Set Depth (m)
Production Casing Spec
Production Casing Cementing
Liner Req'd (Y/N)
Liner Set Depth (m)
Openhole Length (m)
Tubing Spec.
Tubing Set Depth (m)
Packer (Y/N)
Packer Set Depth (m)
Packer Type
600
339.7 mm 90.78 kg/m J-55
3340
244.5 mm 79.6 kg/m L-80
4500
177.8 mm 43.20 kg/m L-80
Single
N
0
0
88.9 mm 13.85 kg/m, J-55 SML
4300
Y
4300
N
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Oil / Gas
Vertical / Horizontal / Directional
Critical H2S (Y/N)
Target Formation
Total Measured Depth (m)
Total Vertical Depth (m)
Oil and Gas Lease (Hectares)
Freehold or Crown Land (F/C)
Drilling Fluid Type
Drilling Fluid Hauled for Disposal
Drill out of Sump (Y/N)
Land Spray While Drilling (Y/N)
Stimulation
Estimated BHT ( Degrees C)
Estimated BHP (kPa)
Wellhead Capacity (kPa)
Drilling Assumptions
Completion Assumptions
Service Rig Size
Single or Multi Zone
Sweet or Sour
Remedial Cementing Req'd (Y/N)
TCP / Underbalanced / Csg Guns
Stimulation Required (Y/N)
Propped Frac or Acid
Type of Frac
Proppant Size and Tonnage
Flow Test Required (Y/N)
Flow Test Duration (days)
Pressure Recorders Required
Move in/Rig up (days)
Rig - Drilling Days (days)
Rig - Final Depth to RR (days)
Rig - Standby Days (days)
Rig - Total Contract Days (days)
Horizontal/Dir Drilling Days (days)
Drilling Rig Boiler Days (days)
Lease Construction Days (days)
Survey Days (days)
Access Road length (km)
Drill Stem Tests (number)
Cores Cut (number)
Service Rig Days (days)
Service Rig Boiler Days (days)
Unit
Unit Cost
8
165
15
0
188
100
0
18
3
5
2
1
10
0
$14,800
$18,500
$20,125
$14,800
$18,500
$9,500
$1,920
$10,000
$4,000
$5,000
$10,000
$15,000
6480
1000
Double
Single
Sour
N
TCP
Y
Acid
N/A
N/A
Y
8
Y
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AB1A
ACCT #
Burmis - Foothills
Well Cost Estimate
DRILL AND COMPLETE AFE
DRILLING
ACCT #
Well License / Applications
Surface Lease & Survey
Preparation & Roads
Cleanup
$500
$14,600
$343,000
$162,000
SUB - TOTAL
$520,100
$444,400
$3,465,000
$950,000
$0
$130,000
$564,000
$159,800
$346,875
$65,800
$1,438,200
SUB - TOTAL
$7,564,075
Prod. Csg. & Accessories
Cementing - Production
Tubing & Accessories
Wellhead Equipment
Remedial Cementing
Service Rig
Logging (cement bond log)
Slickline/Wireline (Other)
Perforating
Stimulation (Frac or Acid)
Testing / Pressure Surveys
Gas / Liquid Analysis
Transportation
Equipment Rentals
Downhole Tools (intangibles)
Completion Fluids
Snubbing
Nitrogen
Inspection / Safety
Wellsite Supervision
In-house Engineering (Completions)
Other Services
Misc. Costs
Overhead
$443,250
$112,500
$137,600
$30,000
$0
$75,300
$10,200
$20,400
$25,500
$68,000
$34,000
$2,000
$27,000
$18,700
$38,250
$34,600
$0
$0
$15,000
$17,400
$0
$17,300
$40,000
$7,700
Total Casing and Completion Estimate
$1,174,700
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Rig Move
Daywork
Directional Costs
Boiler
Bits
Fuel & Power
Water
Mud & Chemicals
Crew Travel
Camp & Subsistence
COMPLETION
Coring & Analysis
DST & Analysis
Logging
$15,000
$20,000
$33,150
SUB - TOTAL
$68,150
Surface Casing & access.
Cementing - Surface
Intermediate Casing & access.
Cementing - Intermediate
$129,300
$18,000
$860,050
$73,480
SUB - TOTAL
$1,080,830
Equipment Rentals
Transportation and Hauling
Supervision & Consulting
In-house Engineering (Drilling)
Equipment Inspection
Well Insurance
Safety
Misc. Costs
Overhead
SUB - TOTAL
$1,952,310
$571,000
$432,000
$54,800
$12,600
$18,800
$169,200
$15,000
$881,800
$126,900
$4,234,410
Abandonment Cost
$23,100
SUB - TOTAL
$23,100
Total D & A Estimate
$13,490,665
Total Drill and Case Est.
$14,065,815
Total Drill, Case and Complete Estimate $14,684,765
Assumptions include but not limited to:
Oil / Gas
Vertical / Horizontal / Directional
Critical H2S (Y/N)
Target Formation
Estimated BHT ( Degrees C)
Estimated BHP (kPa)
Single or Multi Zone
Sweet or Sour
Total Days Rig-in to Tear-out
Drill Stem Tests (number)
Cores Cut (number)
Surface Casing Set Depth (m)
Surface Casing Spec.
Production Casing Set Depth (m)
Production Casing Spec
Stimulation Required (Y/N)
Propped Frac or Acid
Type of Frac
Proppant Size and Tonnage
Flow Test Required (Y/N)
Tubing Set Depth (m)
Tubing Spec.
Gas
D
Y
Wabamun
150
35000
Single
Sour
188
2
1
600
339.7 mm 90.78 kg/m J-55
4500
177.8 mm 43.20 kg/m L-80
Y
Acid
N/A
N/A
Y
4300
88.9 mm 13.85 kg/m, J-55 SML
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AB1A
Burmis - Foothills
Well Cost Estimate
Proposed Well Completion
20
19
Company
Reference
AB1-A Burmis - Foothills
Prepared for
Phone
18
Prepared by
16
Service Centre
Location
Sales Rep
Weatherford
Drawn by
AB1-A
Wabamun
7-6-W5M
Date
TUBULAR
Size
Weight
Grade
Thread
Depth
Casing 1
339.7mm
90.78kg/m
J-55
8 rd
600m
14
Casing 2
244.5mm
79.6kg/m
L-80
8 rd
3340m
17
Casing
Liner 3
177.8mm
127mm
26.78
43.20kg/m
kg/m
L-80
Premium
4400m
4500m
13
Tubing 1
88.9mm
13.84 kg/m
L-80
Premium
Tubing 2
60.3mm
6.99 kg/m
L-80
Premium
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ITEM
12
11
10
09
08
07
06
05
04
DESCRIPTION
01.
Nisku/ Leduc Perforations
02.
60.3 mm Wireline Re-entry Guide
03.
47.6 mm No-go Landing Nipple
04.
60.3 mm Perforated Pup Joint
05.
47.6 mm Landing Nipple
06.
60.3 mm Pup Joint
07.
08.
60.3 mm Pup Joint
09.
60.3 mm Sealbore Tail Pipe Adapter
10.
68.27mm Sealbore Extension
11.
127 mm Permanent Sealbore Packer
12.
68.27 mm Locator Seal Assembly
13.
60.3 mm Pup Joint
14.
15.
60.3 mm Tubing as Required
16.
Crossover Sub
17.
88.9 mm Tubing
18.
Heater String Catcher
19.
88.9 mm Tubing as Required
20.
Heater String
03
02
NOTES
Casing is perforated and packer/ tail pipe assembly is set on wireline .
Seal assembly is run on final completion string
01
This document is confidential correspondence between Weatherford and the Customer named in this document
. It may not be reproduced in any form
nor its contents disclosed to anyone other than employees of Weatherford and
/or the named Customer
.
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AB1A
Burmis - Foothills
Well Cost Estimate
DETAILED DRILLING ESTIMATE
No. of
Units
Unit Type
Cost Per Unit
Predrill and Planning
Lease Acquisition
License Fees
Surveying
Planning and Programs
1.6
1
3
200
Hectares
Each
Days
Hours
$2,600
$500
$4,000
$180
Construction
Road
Location
Lease Maintenance
Lease Cleanup
Bridges / Culverts / Cattle Guards
Standby Equipment
Supervision
Lease Reclamation
Lease Reclamation Supervision
5
18
180
0
6
0
18
18
18
Kms
Days
Days
Days
Each
Days
Days
Days
Days
$5,000
$10,000
$500
$10,000
$5,000
$550
$1,000
$8,000
$1,000
Engineering and Construction
Engineering and Construction
Labour and Equipment
Labour, Materials and Equipment
Grader, Hoe, Cat
Daily Rate incl. Sub and Exp
Daily Rate incl. Sub and Exp
Rig Contract
Rig Move
Rig Permit
Demob / Inter-well Move
Rig-in Set Up Labour
Daywork
Loader
Additional Labour Costs
Camp
CSA
Crew Transportation
Boiler
Fuel
Fuel Storage
Standby
Water and Trucking
50
4
40
8
180
180
180
188
188
188
0
188
0
0
188
Loads
Days
Loads
Each
Days
Days
Days
Crew Days
Days
Each
Days
Days
Days
Days
Days
$3,600
$500
$3,600
$14,800
$18,500
$500
$250
$7,000
$650
$350
$1,920
$3,000
$0
$14,800
$850
$300/hr and 8 hr/100km/load
As required by area
$300/hr and 8 hr/100km/load
Move in, set up
Rig rate from Spud to RR w/ drillpipe
Rig loader
Additional crew as required
Camp / hotel including meals etc.
Crew Subsistence Allowance
Crew Truck, Mileage, Bus or Aircraft
Basic rate fuel out
Fuel
Additional fuel storage
Testing, logging, waiting on orders
Water access and supply
188
188
188
188
188
188
188
188
Days
Days
Days
Days
Days
Days
Days
Days
$185
$125
$1,800
$1,375
$675
$205
$3,150
$10
#
Drilled and
Abandoned
Drilled and
Cased
$2,600
$500
$12,000
$36,000
$51,100
$2,600
$500
$12,000
$36,000
$51,100
$25,000
$180,000
$90,000
$0
$30,000
$0
$18,000
$144,000
$18,000
$505,000
$25,000
$180,000
$90,000
$0
$30,000
$0
$18,000
$144,000
$18,000
$505,000
$180,000
$2,000
$144,000
$118,400
$3,330,000
$90,000
$45,000
$1,316,000
$122,200
$65,800
$0
$564,000
$0
$0
$159,800
$6,137,200
$180,000
$2,000
$144,000
$118,400
$3,330,000
$90,000
$45,000
$1,316,000
$122,200
$65,800
$0
$564,000
$0
$0
$159,800
$6,137,200
Well site Unit rental
$139,120
Centrifugal pump rental
$23,500
Garbage bin, Pumps, Pason, Invert acc, etc $338,400
Cenrtiguge(s), BOS tank etc
$517,000
High speed mixer, pill tank, lines
$126,900
Floc, Flare, 400 bbl tank etc
$38,540
Perf Motors, subs, jars, stabilizers etc
$592,200
HWDP, Small inch drillpipe, etc.
$150,400
$1,926,060
$139,120
$23,500
$338,400
$517,000
$126,900
$38,540
$592,200
$150,400
$1,926,060
Comments and Detail
Surface Lease Entry
Per Well Fee
Site and Plan
Engineering and Programming
SA
M
PL
E
Operations, Services or Equipment
Rentals
Wellsite Trailer(s)
Sump Pump(s)
Surface Equipment
Solids Control Equipment
High Speed Mixer(s)
Tank Rental
Downhole Tool Rentals
Drill string
4
1
1
2
1
1
1
80
continued next page
69
AB1A
Burmis - Foothills
Well Cost Estimate
DETAILED DRILLING ESTIMATE (continued)
No. of
Units
Unit Type
Cost Per Unit
2
7
5
0
250
500
125
2
1
3900
5
10
188
100
188
165
500
165
3
3
Each
Each
Each
Each
Cubic metre
Cubic metre
Days
Each
Each
m MD
Each
Each
Days
Days
Days
Days
Cubic metre
Days
Each
Each
$5,000
$10,000
$10,000
$10,000
$50
$475
$775
$10,000
$15,000
$9
$750
$1,500
$900
$9,500
$1,500
$1,600
$50
$1,400
$2,500
$4,200
Casing and Cementing
Surface Casing
Tongs
Cement and Service
600
60
600
600
Metres
Each
Metres
Metres
$205
$25
$8
$30
Intermediate Casing
Tongs
Cement and Service
3340
334
3340
3340
Metres
Each
Metres
Metres
Production Casing
Tongs
Cement and Service
4500
450
4500
4500
Liner
Tongs
Cement and Service
Abandonment Cement
Cement Plug Logging
Drilled and
Abandoned
Drilled and
Cased
$10,000
$70,000
$50,000
$0
$12,500
$237,500
$96,875
$20,000
$15,000
$33,150
$0
$15,000
$169,200
$950,000
$282,000
$264,000
$25,000
$0
$7,500
$12,600
$2,270,325
$10,000
$70,000
$50,000
$0
$12,500
$237,500
$96,875
$20,000
$15,000
$33,150
$0
$15,000
$169,200
$950,000
$282,000
$264,000
$25,000
$0
$7,500
$12,600
$2,270,325
339.7 mm 90.78 kg/m J-55
Scratchers, centralisers, float equip
Crew and Equipment
Pumping, tonnage, additives
$123,000
$1,500
$4,800
$18,000
$123,000
$1,500
$4,800
$18,000
$250
$25
$5
$22
244.5 mm 79.6 kg/m L-80
Crew and Equipment
$835,000
$8,350
$16,700
$73,480
$835,000
$8,350
$16,700
$73,480
Metres
Each
Metres
Metres
$90
$25
$6
$25
177.8 mm 43.20 kg/m L-80
Crew and Equipment
0
0
0
0
2
2
Metres
Each
Metres
Metres
Plugs
Plugs
$0
$0
$0
$0
$6,300
$5,250
N/A
Crew and Equipment
Run plug logs, all in
$0
$0
$0
$0
$0
$0
$0
$0
$0
$12,600
$10,500
$1,103,930
$405,000
$11,250
$27,000
$112,500
$0
$0
$0
$0
$0
$0
$0
$1,636,580
188
125
125
188
188
Days
Days
Days
Each
Days
$1,500
$1,200
$210
$100
$100
Drilling consultant rate all in
Geological consultant rate all in
Gas detector etc
Drilling insurance
$282,000
$150,000
$26,250
$18,800
$18,800
$495,850
$282,000
$150,000
$26,250
$18,800
$18,800
$495,850
Subtotal
Contingency @ 5 %
Miscellaneous @ 2 %
$12,489,465
$624,500
$249,800
$126,900
$13,022,115
$651,100
$260,400
$132,200
Total Cost Estimate
$13,490,665
$14,065,815
Comments and Detail
Bit(s) required to drill surface hole
Bit(s) required to drill intermediate hole
Bit(s) required to drill main hole
N/A
Cost per cubic metre water out
Cost per cubic metre Invert out
Daily rate - crew plus costs
Unit, crew, analysis, samples
Equipment, crew, analysis
Cost per m logged all in
Spray field sampling, reporting, etc
Cost per fluid samples and analysis
Daily Rate Crew and Equipment
Daily rate all in crews and tools
Equipment and tool trucking
Fluid hauling other than water
Drilling fluid hauled for disposal
Cost per day for Vac Truck
Cost per well
Cost per well
SA
M
PL
E
Service and Supplies
Bits - Surface Hole
Bits - Intermediate Hole
Bits - Main Hole
Bits - Openhole
Surface Mud and Chemicals
Main Mud and Chemicals
Mud Logging
Drill Stem Tests
Cores Cut
Electric Logging
Drilling Waste Management
Safety
Directional Drilling Services
Trucking
Fluid and/or Cuttings Hauling
Fluid and/or Cuttings Disposal
Vacuum Truck (LSWD)
Welding
Inspection and Repair
#
Supervision and Administration
Drilling Supervisor
Well Site Geologist
Geological Rentals
Insurance
Communications
0
1
1
1
0
1
1
70
AB1A
Burmis - Foothills
Well Cost Estimate
No. of
Units
Unit Type
Cost
Per Unit
1
4300
1
10
0
10
10
10
10
10
160
1
1
1
1
4
0
1
12
10
2
10
8
4
0
0
Each
Each
Each
Day
Day
Day
Day
Day
Day
Day
Cubic Metre
Each
Each
Each
Each
Runs
Each
Each
Day
Each
Each
Day
Day
Each
Day
Cubic Metre
$30,000
$32
$38,250
$6,480
$1,000
$750
$300
$2,700
$1,080
$900
$160
$10,200
$8,500
$10,200
$25,500
$5,100
$15,000
$68,000
$1,450
$1,500
$1,000
$450
$4,250
$500
$7,500
$3
Comments and Detail
Type and accessories
88.9 mm 13.85 kg/m, J-55 SML
Anchors, packers, profiles, nipples etc
Daily rig rate all in
Basic day rate fuel in
Subsistence and accommodation
Mileage, bus or air
Tubing and other equipment
Rig days plus prod test days
Water access and supply
Reformate, KCl, MeOH
Rotating heads, frac heads etc
mud motors, packers, frac strings
CBL etc.
TCP/Csg guns
Gauge ring, run and pull recorders
Includes perforating, D/H tools etc
Acid
Daily rate all in
Environmental, operational, government
Technician
Crew and Equipment
Includes equipment, crews and analysis
Oil, gas and water
Unit and Crews
SA
M
PL
E
Completion and Testing
Wellhead
Tubing
Packers, Plugs, Retainers
Service Rig
Boiler
CSA
Crew Transportation
Hauling and Trucking
Vacuum Truck
Water and Trucking
Completion Fluids and Chemicals
Surface Equipment Rentals
Downhole Equipment Rentals
Cased Hole Logs
Perforating and Logging
Wireline
Remedial Cementing
Stimulation
Completions Supervisor
Inspection / Safety
Environmental
Lease and Road Maintenance
Production Test
Fluids Analysis
Snubbing
Nitrogen
#
DETAILED COMPLETION ESTIMATE
Subtotal Completion
Contingency @ 5 %
Miscellaneous @ 2 %
Total Completion Estimate
Total Drill, Case and Complete Estimate
Drilled and
Completed
$30,000
$137,600
$38,250
$64,800
$0
$7,500
$3,000
$27,000
$10,800
$9,000
$25,600
$10,200
$8,500
$10,200
$25,500
$20,400
$0
$68,000
$17,400
$15,000
$2,000
$4,500
$34,000
$2,000
$0
$0
$571,250
$28,600
$11,400
$7,700
$618,950
$14,684,765

2015 Well Cost Study

Transcription

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