calc with pump

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# Drill days 31 1/2 days NPT 10 or 4 1/2 days Total # of days to reach TVD 36 days Total depth of well 15000' Type of cost cost($ /day) cost ($ /part) # part(s) / unit # unit( s) Frequency/ total days total cost Rig $ 100,000.00 - - 1 36 $ 3,600,000.0 0 Mud pump expendibles liner - $ 1,500.00 3 3 1 $ 13,500.00 seal - $ 850.00 3 3 1 $ 7,650.00 BOP expendibles Ram seal - $ 750.00 2 1 1 $ 1,500.00 Service technician $ 500.00 - - 2 1 $ 1,000.00 mud cooler monthly rental $ 800.00 - - 1 36 $ 28,800.00 mud cooler technician $ 1,200.00 - - 2 2 $ 2,400.00 generator $ 150.00 - - 1 36 $ 5,400.00 diesel tank $ 31.00 - - 1 36 $ 1,116.00 diesel delivery charge $ 34.00 - - 1 36 $ 1,224.00 diesel cost $ 290.00 - - 1 36 $ 10,440.00 water tank $ 54.00 - - 1 36 $ 1,944.00 delivery charge of $ - - 1 36 $

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Page 1: Calc With Pump

# Drill days 31 1/2 daysNPT 10 or 4 1/2 days

Total # of days to reach TVD 36 days

Total depth of well 15000'

Type of cost cost($ /day) cost ($ /part)# part(s) /

unit # unit(s)Frequency/total

days total cost

Rig $ 100,000.00 - - 1 36 $ 3,600,000.00

Mud pump expendibles liner - $ 1,500.00 3 3 1 $ 13,500.00 seal - $ 850.00 3 3 1 $ 7,650.00

BOP expendibles

Ram seal - $ 750.00 2 1 1 $ 1,500.00

Service technician $ 500.00 - - 2 1 $ 1,000.00

mud cooler monthly rental $ 800.00 - - 1 36 $ 28,800.00

mud cooler technician $ 1,200.00 - - 2 2 $ 2,400.00 generator $ 150.00 - - 1 36 $ 5,400.00 diesel tank $ 31.00 - - 1 36 $ 1,116.00

diesel delivery charge $ 34.00 - - 1 36 $ 1,224.00 diesel cost $ 290.00 - - 1 36 $ 10,440.00 water tank $ 54.00 - - 1 36 $ 1,944.00

delivery charge of water $ 60.00 - - 1 36 $ 2,160.00 water $ 100.00 - - 1 36 $ 3,600.00

cumulative total cost $ 3,680,734.00

Table 1.b, Possible cost savings and mud cooler related costs.