This form is one which grants the Operator the right to request and receive from each Non-Operator payment in advance of its respective share of (i) the dry hole cost or (at Operator’s election) the completed well cost for the Initial Well to be drilled.
Kentucky Advance of Well Costs
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State:
Multi-State
Control #:
US-OG-693
Format:
Word;
Rich Text
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How to fill out Advance Of Well Costs?
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FAQ
Drilling a residential water well costs $25 to $65 per foot or $3,750 to $15,300 on average for a complete system and installation. Prices include the drilling, a pump, casing, wiring, and more. Total costs largely depend on the depth drilled and the well's diameter.
Drilling a Water Well for household use will usually range from about 100 feet to 500 feet deep, but... When drilling a new well for your home or business, the depth of the well depends on the geology and underground water levels of the area.
The typical depth of a well for a private residence ranges anywhere from 100 to 800 feet. If the geology of your region is different from that of another part of the country, you might need a well that is either deeper or shallower.
Depending on the conditions of the weather, ground and water depth as well as drilling conditions, it typically takes 1 to 3 days, sometimes longer, to drill a well. You should keep in mind that these factors vary from one site to another and from one well to another.
The average depth of wells drilled during 1997 is 2,287 feet. The overall Statewide average total depth is 1,436 feet (from more than 118,000 wells in the Kentucky Oil and Gas Well Record Data Base).
Drilling a residential water well costs $25 to $65 per foot or $3,750 to $15,300 on average for a complete system and installation. Prices include the drilling, a pump, casing, wiring, and more.
Construction, modification, and abandonment of wells in Kentucky must be done by a Kentucky Certified (Water) Well Driller. In Kentucky, there are no permitting applications or fees for constructing or abandoning a water well required of the property owner.