Wellbore Genius
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Sized by the entered completion
The pad plan prices this budget
What one well costs
$4.63 MM to drill, complete and equip one well — $2,314 a foot of lateral, $1.43 MM of lifting cost over 120 months, $18.52 MM of capital for 4 wells.
Oil price: saved value on this device (no live quote recorded). The download carries this same line, so a budget file and a pad plan export always agree.
Drilling
$2.39 MM
Completion
$1.35 MM
Equipment
$0.88 MM
Operating
$1.43 MM
$11,900 a month
Capital, one well
$4.63 MM
$2,314 a foot of lateral
Cost per stage
$578,600
Cost per cluster
$96,433
Capital, 4 wells
$18.52 MM
Life of well, one well
$6.06 MM
Life of pad
$24.23 MM
The completion this budget prices
2,000 ft of lateral, 8 stages, 6 clusters a stage, 4 MM lb of proppant and 72,000 bbl of fluid — read from your pad plan, so a longer lateral or tighter spacing moves these dollars on its own.
Drilling
Money spent before first oil.
$2.39 MM
$9.58 MM for 4 wells
| Line | Unit cost | Basis | Quantity | One well | Pad |
|---|---|---|---|---|---|
| Location, roads and site work | per well | 1 well | $300,000 | $1,200,000 | |
| Rig day rate and mobilisation | per well | 1 well | $900,000 | $3,600,000 | |
| Casing, cement and wellhead | per well | 1 well | $550,000 | $2,200,000 | |
| Drilling fluid and cuttings handling | per well | 1 well | $180,000 | $720,000 | |
| Drilling the lateral | per ft of lateral | 2,000 ft of lateral | $380,000 | $1,520,000 | |
| Directional and logging while drilling | per ft of lateral | 2,000 ft of lateral | $84,000 | $336,000 |
Completion
Money spent before first oil.
$1.35 MM
$5.42 MM for 4 wells
| Line | Unit cost | Basis | Quantity | One well | Pad |
|---|---|---|---|---|---|
| Pumping services | per stage | 8 stage | $416,000 | $1,664,000 | |
| Wireline and pumpdown | per stage | 8 stage | $112,000 | $448,000 | |
| Perforating | per cluster | 48 cluster | $312,000 | $1,248,000 | |
| Proppant delivered | per lb of proppant | 3,600,000 lb of proppant | $162,000 | $648,000 | |
| Water, chemicals and disposal | per bbl of fluid | 72,000 bbl of fluid | $172,800 | $691,200 | |
| Flowback and well testing | per well | 1 well | $180,000 | $720,000 |
Equipment and facilities
Money spent before first oil.
$0.88 MM
$3.52 MM for 4 wells
| Line | Unit cost | Basis | Quantity | One well | Pad |
|---|---|---|---|---|---|
| Artificial lift | per well | 1 well | $260,000 | $1,040,000 | |
| Tanks, separators and metering | per well | 1 well | $320,000 | $1,280,000 | |
| Flowlines and tie-in | per well | 1 well | $240,000 | $960,000 | |
| Automation and telemetry | per well | 1 well | $60,000 | $240,000 |
Operating
Lifting cost, charged over the producing window.
$1.43 MM
$5.71 MM for 4 wells
| Line | Unit cost | Basis | Quantity | One well | Pad |
|---|---|---|---|---|---|
| Fixed lifting cost | per producing month | 120 producing month | $1,140,000 | $4,560,000 | |
| Workover reserve | per producing month | 120 producing month | $288,000 | $1,152,000 |
What the pad plan is being told
The pad plan's value, payout and break-even oil price price these six numbers.
Drilling, per foot
$232
Fixed drilling and completion
$2.11 MM
Completion, per stage
$105,000
Proppant
$0.045 / lb
Fluid
$2.40 / bbl
Equipment and facilities
$0.88 MM
Pad-wide roll-ups with rigs and crews live on the cost estimator and pad schedule pages.