how much does a well really cost?, page-6

Azoic,

Well cost will depend a lot on rig availability at the time they decide to drill, as mob / demob costs can be very expensive, especially inland TZ where road access will be minimal for rig movers. Aminex are planning to drill holes in Southern TZ 2ndQ 2014 so if they utilise the rig that Aminex will be using, then mob costs are reduced.
I would guess that the well cost will be $20-30M, lower end if they piggy back on someone else's drill program, higher end if a rig is brought in from elsewhere.

Nulla