| Well Cost Estimating (Level 1 to 4) |
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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).
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. |