Cost of drilling a well

We are drilling wells for about $23 per foot plus $75 per foot for stainless steel screen. We also itemize out the cost of drilling mud, grout, and a few fittings. This is forward mud rotary. Our wells are anywhere from 50 feet (we have a minum rate of $2000) to 700 feet. After 700 feet the wells are probably more like $40 per foot because of the need to use steel casing.
 
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$15.00 per foot this week. (Oil keeps making the PVC go up) $350.00 mobilization fee, Couple hundred for permits. No screen. Additional cost for casing past 60 foot at current rates. (Which I have lost track of) Mud rotary and cable tool, prices don't really vary that much.

bob...
 
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