New Indiana oil well drilling
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@Miguel1994000000 Only certain areas in Indiana have a chance of hitting oil and then its hard to find the spot that will produce oil. We spend around $100,000 for drilling and completion cost on a new well and it does cost less to drill offsets on producing leases.
tyoung317 9 months ago
Does almost every place has chance of having an oil well?
How much would it cost to get an oil well with its pump getting like 10 bbs per day?
Miguel1994000000 9 months ago
@sethcat99 Its running about $55,000 for a 1250ft well to drill on a dry hole bases.
tyoung317 1 year ago
How much did the piping and drilling cost?
sethcat99 2 years ago