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Well Cost Estimating (Level 1 to 4)

Well Cost Estimating is an additional feature of our Well Design expertise.

Using in-house proprietary techniques, Stuart Wright is able to generate a budgetary time and cost estimation breakdown for clients who may have a design concept (Level 1) or a project at the feasibility study stage (Level 2), detailed design stage (Level 3) or at the execution stage (Level 4).

 

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Our costing methods combine deterministic time estimation, essential to perform post-job analysis, with probabilistic range estimating to ensure budgets contain defendable contingencies against real and perceived risks. We can provide costing estimates from every level of accuracy (1-4) assisting our clients with critical decision-making.