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Production Casing Set @ 2400'+ <br /> 9 5/8" 36#, J-55 ST&C @ $13.00/ft . . . 31,200 <br /> Bits & Reamers & Stabilizers: <br /> 2 - 12 1/4" MT Bits $3,600 <br /> 2 - 12 1/4" Stabilizers $3,000 . . . 6,600 <br /> Cement & Services . . . 9,500 <br /> Slotted Liner in bottom of well - <br /> 500' 7" - 23# J-55 ST&C @ $8.00/ft . . . 4,000 <br /> Bits & Reamers: <br /> 1 - 8 3/4" Bit $1,100 <br /> 2 - 8 3/4" Reamer & Stab $2,000 <br /> Liner Hardware $2,500 <br /> Welding $ 500 .. . 6,100 <br /> Drilling Mud - Surface Hole and <br /> Running 9 5/8" Casing . . . 3,500 <br /> Water and Trucking . . . 4,500 <br /> Casing Crew for Running 9 5/8" Casing ... 2,300 <br /> Misc. Trucking - Casing, Supplies, Etc. . . . 2,500 <br /> Supervision & Expenses - <br /> 15 Days @ $525/Day . . . 7,900 <br /> Rat & Mouse Hole & 40' Conductor Casing . . . 4,500 <br /> Well Head - 13 3/8" X 2000# with 9 5/8" <br /> Slips . . . 2,400 <br /> Misc. Rentals - Water tank, blow line, <br /> Etc. . . . 2,250 <br /> Sub-Total: $232,080 <br /> Unforseen Contingency - 10% 23,000 <br /> Estimated Drilling Costs: $255 080 <br /> Completion of Surface Facilites and <br /> Testing Well 7,500 <br /> Estimated Completed Well Cost $262,580 <br /> -7- <br />