AFE - Drilling & Completion
Operator: ABC Exploration, LP
Well Name: Example #1-H
Legal:
Contractor: Nabors ???
Prepared By:
Field:
Parish/County:
State:
Tax Rate
Depth:
Days:
Spud Date:
RDR
Expl
Harrison
TX
13,150 '
22
TBA
Well Program
Casing
Conductor
Surface
Intermediate
1st Liner
2nd Liner
Production
Depth
80 '
2,850 '
7,900 '
Drilling Fluid
Formation Evaluation
12 1/4
8 3/4
Casing Size Weight, & Grade
14" 3/8" Wall Welded
9 5/8" 36 ppf J/K-55 STC
7" 29 ppf N-80 BTC
Spud
LSND
None
Triple Combo
6 1/4
4 1/2" 11.6 ppf P-110
13,150 '
LSND
LWD
Days/Units
Drilling Cost
Hole Size
Costs
8300
Item
Code
Item Cost per
Unit
8500
Days/No.
Completion
Cost
Total
Cost
Capitalized Intangible Drilling & Completion Costs
100 Site Preparation & Maintenance
Permits & Surveys
Location, Roads, Pits
Water/Water Well/Plugging
Conductor/Mousehole Installation
Site Restoration & Land Use
Wellsite Security
Roustabouts & Labor
140 Fuel
150 Well Evaluation
Open Hole Logging
Cased Hole Logging
Mud Logging
Core Analysis
Drill Stem Testing
Fluid Analysis
Production Testing
66,000
400
150
22
22
8,800
3,300
4,500
22
99,000
45,900
78,100
25,000
7,500
950
1
22
10,000
2
35,000
2
40,000
1
40,000
1,500
15,000
5
7,500
500
3
210 Drill String
81,000
7,500
53,400
7,500
25,000
7,500
20,900
10,000
30,000
10,000
30,000
35,000
105,000
35,000
105,000
15,000
64,000
25,000
20,900
20,000
1
70,000
1
49,000
40,000
1
15,000
7,500
15,000
13,500
115,800
13,500
112,500
3,300
19,000
32,120
1,500
1,500
102,300
22
22
93,100
15,000
99,000
70,000
4,500
150
15,000
8,800
3,300
20,000
200 Equipment Rentals
Shale Shaker
Mud Cleaner
Centrifuge
Transfer Pumps
Steam Cleaners
Wear Bushing
Rentals - Surface
Rentals - Subsurface
PVT/Flo-Show
BOP Rental
Forklift
Hydraulic Choke
Tankage (Frac Tanks)
5
1
190 Drilling/Completion Fluids & Services
Fluids & Servcies
Shaker Screens
150,000
407,000
22
180 Drilling Tools
Drill Bits
Core Bits
Stabilizers/Reamers
Performance Motors
Turbines
Shock Subs
557,000
150,000
407,000
3,000
170 Cementing Services
Primary Cementing
Remedial Cementing
Loss Circulation
Squeeze Packers & Cementers
Kick-Off Plugs
557,000
1
22
160 Casing Services
Casing Crews & Rental Tools
Roustabouts & Cleaning
Thread Specialist
7,500
75,000
7,500
25,000
20,000
150,000
18,500
130 Engineering & Supervision
Wellsite Supervision
Engineering & Geology
Rig Supervisor Camp
Communications
Field/Office Supplies
135,000
7,500
75,000
7,500
25,000
20,000
1
1
1
1
1
110 Title Opinion
120 Drilling/Completion Rig
Mob/Demob
Rig Rental
Top Drive & Mousehole
Additional Crew/Oil Base pay
135,000
7,500
75,000
7,500
25,000
20,000
99,000
3,300
3
13,120
350
7
2,450
2,450
35
22
770
770
350
22
7,700
7,700
100
4,000
15
22
2,200
4
200
32,500
16,000
3,000
16,000
3,000
32,500
AFE - Drilling & Completion
Drill Pipe
Drill Collars
Drill Pipe Protectors
Inspections & Repair
Corrosion Control
2,500
7
17,500
17,500
100
7,500
2
15,000
15,000
220 Environmental
4,400
Solid Waste Disposal
Brine & Water Disposal
Cuttings Haul-off & Disposal
Closed Loop Services
Reserve & Flare Pit Closure
Spill Cleanup
200
750
230 Miscellaneous
240 Specialty Tools & Services
250
22
5,500
86,500
10,000
7,500
7
1
70,000
7,500
3,000
1,500
650
1,000
2
2
22
2
6,000
3,000
Directional & MWD Services
Well Surveying (SS,EMS,Gyro)
Fishing Tools and Services
Sidetrack: Whipstock,Mills,Service
Coring Services
Safety (H2S)
Control Of Well
BOP NU & Testing Services
Wellhead Technician
250 Trucking & Transportation
260 Welding
270 Production Services
Stimulation
Perforating
Wireline Services -BP,cement, lubricators, cranes
Slickline Services
Coil Tubing & Nitrogen Services
Misc. Rental Equipment
Pressure Testing Services
Facilities Construction
300
310
400
500
Contract Labor
Plug and Abandonment
OEE Insurance
Overhead Allocation
22
20
14,300
2,000
10
20,000
2,500
4,500
8,000
91,000
1
1
10
1
3,000
1,500
9,000
4,500
6,500
1,000
1,685,000
20,800
3,000
1,685,000
1,600,000
60,000
1
60,000
60,000
25,000
1
25,000
25,000
5
5,000
27,000
$1,854,500
$3,243,720
4
1,000
13150
52,600
22
22,000
52,600
$1,389,220
8400
8600
275,050
40
21
27
80
2850
8000
411,700
3,200
59,850
212,000
686,750
3,200
59,850
212,000
18
175,000
13150
1
236,700
175,000
50,000
50,000
236,700
175,000
50,000
6
8000
20,000
30,000
1
20,000
20,000
10,000
3
45,000
127,000
60,000
127,000
9,000
3
27,000
27,000
80,000
1
80,000
80,000
20,000
1
20,000
20,000
28,500
28,500
7,500
7,500
Tubing
Pups and cross-overs
120 Subsurface Equipment
10,000
20,000
10,000
1
10,000
15,000
1
15,000
150 Miscellaneous Equipment
Surface Lines/Gathering System
Line Pipe
Sucker Rods
3
Total Tangible Cost
Total Cost
Contengencies
AFE Cost
W.I. Share
20,000
70,000
7,500
110 Production Tubing
Tank Battery
Compressors
Pump Unit & Stuffing Box
Fluid Meters & run
Production Skid - separator, heater treater, de-hy
Treatment Units
4,400
15,000
1,600,000
100 Casing
130 Wellhead Equipment
140 Production Equipment
15,000
8
Tangible Drilling & Completion Costs
Liner Hanger & Packer
Production Packer, Anchor, Seals, Pump
Cementing Equipment
Gas Lift Mandrels & Valves
Pumps
Bridge Plugs
39,400
200,000
Total Intangible Cost
Conductor Casing
Surface Casing
Protection Casing
1st Drilling Liner
Production Casing
Stim Sleeves and Packers
35,000
4,400
100.00%
21,000
21,000
$300,050
8000
$682,200
$982,250
Drilling
$1,689,270
Completion
$2,536,700
Total
$4,225,970
$1,689,270
$1,689,270
$2,536,700
$2,536,700
$4,225,970
$4,225,970