Cost of P&A a Well

General Mineral Rights Discussion
1

Hi,

I am looking to get an estimate for P&A costs for a vertical well which has ~7000 TVD depth. Can someone please provide a reasonable ballpark number.

Thanks, WI Owner

2

Each state will have different rules and regulations for plugging a well. Can the casing be pulled and sold for salvage? Same for surface equipment. What type of surface remediation must be done?

3

The well is in Oklahoma. I am a non-op owner trying to get out of a well by paying my share of the P&A costs. So probably no remediation will be done right now. Can you please provide a value with and without the salvage value of the casing?

4

I usually earmark ~$40k for P&A with site reclamation. It can be more or less depending on the operator and the area, but that’s what I use when I need a generic number.

5

TX RRC shows 2023 cost per foot for wells which RRC plugged as varying by district from low of $6.36 per foot in District 9 to $30.75 per foot in District 8. Variance is probably due to problems arising in plugging wells in some districts vs. very shallow wells in other districts. Average of $14.49 per foot which would equate to $101,430 for 7,000 feet. Interesting to see the cost increase over the years. https://www.rrc.texas.gov/oil-and-gas/compliance-enforcement/hb-2259-hb-3134-inactive-well-requirements/cost-calculation/

1 Like
6

I just plugged one that was 2000 and it was 46K without reclamation.

7

This topic was automatically closed after 90 days. New replies are no longer allowed.