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DRILLING CALCULATOR

The Average Depth of an oil well is 2,000 Meters but can vary depending on geological rock formation.​

Drilling Costs are on average $6,000 per Meter but can decrease or increase based on geological rock formation.

Additional Costs include Wages, Consulting, Surveying, Ground Clearing, Development, Supplies, and Logistics.

Daily Wages for a Drilling Crew range between $50,000 to $100,000 Per Day depending on the location.

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