PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Ish who wrote (145764)	5/15/2001 9:43:50 PM
From: average joe	Read Replies (2) of 769670

The numbers vary, a well could cost as little as $50,000 to complete in the Sweetgrass Hills of Montana or millions for the same well in Sudan or tens of millions for an offshore well. Depth to target, type of host rock, roads, power, messing (i.e. can the crew drive to McDonalds or do you have to set up a restaurant) all affect completion cost. The land owner usually get a surface access fee and rental payment and the mineral owner gets a cut of the action usually varying from 1/16 to 1/8th interest. Scumbria has less clues about oil than he does about politics. So many bees and such a small bonnet.

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