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.
West Virginia Advance of Well Costs
Category:
State:
Multi-State
Control #:
US-OG-693
Format:
Word;
Rich Text
Instant download
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How to fill out Advance Of Well Costs?
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Sewage SystemWell with watertight casing to a depth of ? 6 m (19.7 ft )greywater system10 m (33 ft )cesspool30 m (100 ft )treatment units (such as a septic tank)15 m (50 ft )distribution pipe in a leaching or filter bed15 m (50 ft )3 more rows
The average well drilling cost is around $5,000-$10,000. However, the exact amount depends on many factors, including: Well type.
The drilling depth to water and bedrock and the well's diameter are the most significant cost factors. The average well is drilled 100 to 300 feet deep, while some shallow wells only go down to 25 feet to reach groundwater.
The Ontario Water Resources Act specifies that any person that engages in the business of well construction must have a valid well contractor licence unless exempt under the Wells Regulation . Engaging in the well construction business includes making money or receiving other forms of compensation.
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.
The average well drilling cost is around $5,000-$10,000. However, the exact amount depends on many factors, including: Well type.
