Borehole Costing Model V2.

8 BETA
Authors: Tom Heath, Philip Tibenderana, Richard Carter,Kerstin Danert & Etsegenet Berhe 2009 Macros need to be enabled Password: borehole Navigate using the buttons on the top Instructions: Water Well Reference No: Field note Location: St Gallen Date 2/24/2009 Coordinates/GPS

Stage A: Unit Costs 1. Fill in Fixed Costs 2. Update Rig Database 3. Update Casing Database

Go
Go Go

Description: This is the test run for the costing and pricing field note.

Stage 2: Borehole Specifications 1. Fill in Home data 2. Fill in Mobilisation 3. Fill in Drilling 4. Fill in Completion

St Gallen

5. Fill in Development & Test Pumping Stage 3: Results

Enter Data Editable data Dark blue cell = formulas Light Blue = local currency Red = Summed variables for each section

1. Overview Results 2. Export to Database 3. Export Bill of Quantities 4. Overview Overheads

Go Go Go

1 2 3

4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26

All of the staff work and are paid for all stages of the job and the hourly rate remains constant Rig lifetime (years) is calculated by lifetime (hours)/(Utilisation (days) * Working Hours in Day) Rig deprecation is based on the straight line method (equal amounts each year) incorporating the utilisation of the rig. It is calculated by taking the value/(lifetime (years)*365*utilisation/365 then converted into an hourly figure by dividing it by the number of working hours in day The residual value of the rig is zero Depreciation is the same for each hour of mobilisation, drilling, completion and development Short vehicle trips are not included in the model (pick up lunch, drop off at accommodation etc) as very small amount The vehicles used are present for the entire duration of the boreholes construction The average fuel consumption is the same as the values set in the fixed cost The distance travelled to get to the site during mobilisation is the same during demobilisation (leaving the site) The mobilisation and demobilisation takes the same amount of time and has the same labour costs The depreciation is equal for the mobilisation and demobilisation The total mobilisation is the sum of depreciation, fuel, vehicles and labour for the mobilisation and demobilisation The total depth equals the thickness of the overburden plus the thickness of the rock The time to drill the hole is equal to the depth divided by the drilling speed The depreciation (straight line method) for the compressor is constant The compressor fuel consumption rate is constant throughout drilling The cost of fuel for the rig is a fixed cost per hour The cost of mud and foam is constant per hour The drilling fixed cost takes into account the rig's drilling lifetime. It is calculated taking the Rig value/lifetime (hours * (1+maintenace%). It assumes the rig residual value is zero and is an additional cost of top of fixed Rig deprecation

During delays the cost is calculated by the cost the hourly depreciation, labour and vehicle costs The maintenance cost is a fixed percentage of the fixed drilling cost The Drilling String has no residual value and will be replaced after its lifetime The Drag Bit has no residual value and will be replaced after its lifetime The Hammer has no residual value and will be replaced after its lifetime The Hammer Bit has no residual value and will be replaced after its lifetime The cost of drilling through overburden is the sum of the cost per meter of the drilling string and the Drag bit (cost per meter = Replacement cost/lifespan (m)) 27 The cost of drilling through rock is the sum of the cost per meter of the drilling string, hammer and hammer bit (cost per meter = Replacement cost/lifespan (m))

28 The total drilling cost is the sum of the fixed overburden and rock costs multiplied by their respective depths, plus the hourly cost of depreciation, fuel, lube, mud foam, labour and fixed drilling multiplied by the number of hours to drill the hole 29 The volume of the annulus equals the area of the hole minus the area of the casing multiplied by the depth 30 If the hole is screened/cased then the entire hole is cased/screen 31 The casing and screen are the same diameter 32 If the hole is screened/cased then the entire hole has backfill/gravel pack/a sanitary seal 33 The density is the same for all of the backfills (set in fixed costs) 34 The bags of backfill are all the same size (set in fixed costs) 35 The time to screw casing/screen together is constant with depth 36 The time to weld casing/screen is constant with depth 37 The volume of material required to backfill the borehole is calculated based on the size on the annulus plus 10% 38 39 40 41 42 43 44 45 Total completion cost is the sum of the screening, casing, backfill, sand, cement, rig depreciation and labour The compressor is running for all of development The compressor fuel consumption rate is constant throughout development The compressor depreciation cost is constant The pump and generator fuel consumption rate is constant throughout development The pump and generator depreciation cost is constant The pump is running for all of the pumping test period Total development and test pumping is the sum of development, pumping, labour and depreciation

46 The number of working hours in a day is constant (specified in results) 47 48 The yearly loan amount is calculated using the PMT function to calculate the monthly repayments and converts this into a yearly amount. PMT calculates the payment for a loan based on constant payments and a constant interest rate. The cost of overheads is converted into a daily fee based on the number of working days in a year

Local Currency
Working Hours in Day
Local Currency

8
GB

Working Hours in Day 1 2 Cost per hour $33.33 $6.67 $13.33 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.07 $53.33 52 10 21 0 0 0 0 0 0 0 83 Vehicles Rig Transport Truck Mounted Rig Pick Up and Trailer Truck and Trailer Compressor Transport Truck Mounted Compressor Pick Up and Compressor Truck and Compressor None (towed) Extra Vehicles Truck Pick Up 2 Pick Ups Hire/Upkeep per day $66.67 $6.67 $0.00 $33.33 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 104 10 0 52 0 0 0 0 0 0 Fuel litres/km 1.00 0.00 0.00 1.00 0.00 0.00 0.00 0.00 0.00 0.00
Local Currency

8
GB

Exchange Rate 1 USD = Mobilisation Fuel $/litre Labour Hydrologist Driller Assistant Driller 1 Assistant Driller 2 Driver 1 Driver 2 Driver 3 Labourer Security Person Other Total Hourly Rate Drilling Fuel for Rig (litres per hour) Lubricant for Rig ($ per hour) Mud pump ($ per hour) Compressor depreciation ($ per hour) Fuel for Compressor (litres per hour) Lubricant (and foam) for Comp. ($/hour) Completion Bag Density (kg/m3) Bag Weight (kg) Time to Install Casing (minutes/m) Time to Weld Casing (minutes/m) Test Pumping
Pump & generator depreciation ($ per hour) Pump & generator fuel use (litre per hour) Labour for pumping ($ per hour)

1.56 $1.33 No 1 1 1 0 0 0 0 0 0 0

Mobilisation Fuel per litre Labour Hydrologist Driller Assistant Driller 1 Assistant Driller 2 Driver 1 Driver 2 Driver 3 Labourer Security Person Other Total Hourly Rate Drilling Fuel for Rig (litres per hour) Lubricant for Rig ($ per hour) Mud pump ($ per hour) Compressor depreciation ($ per hour) Fuel for Compressor (litres per hour) Lubricant (and foam) for Comp. ($/hour) Completion Bag Density (kg/m3) Bag Weight (kg) Time to Install Casing (minutes/m) Time to Weld Casing (minutes/m) Test Pumping
Pump & generator depreciation ($ per hour) Pump & generator fuel use (litre per hour) Labour ($ per hour)

2.00 No 1.0 1.0 1.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

Cost per hour 50.00 10.00 20.00 0.00 0.00 0.00 0.00 0.00 0.00 0.10 80.00

Vehicles Rig Transport Truck Mounted Rig Pick Up and Trailer Truck and Trailer Compressor Transport Truck Mounted Compressor Pick Up and Compressor Truck and Compressor None Extra Vehicles Truck Pick Up 2 Pick Ups

Hire/Upkeep per day Fuel litres/km 100.00 10.00 0.00 50.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 0.00 0.00 1.00 0.00 0.00 0.00 0.00 0.00 0.00

Fixed Costs

2.00 $0.67 $1.33 $0.67 1.00 $1.33 1500 25 3 7 $1.50 1.00 $25.00

1 1 2 1 1 2 1 1 1 1 2 1 39

Instructions Enter fixed data into white cells. The light blue cells are the value in local currency. If have values in local currency enter in table on right then click on button to convert to USD, the values will then be converted based on the set exchange rate

Enter the values in local currency then click on grey button to convert to US$. The values must be converted as the model runs in US $

2 1 2.00 1.00 1.00 2.00 0 0 0 0 0.00 0.00 4.00 Legend: White = Enter Data Grey = Data Used in Mobilisation Lilac = Data used in Drilling Pale Blue = Data Used in Completion Light Blue = Value in Local Currency Dark blue cell = formulas

Legend: White = Enter Data Grey = Data Used in Mobilisation Lilac = Data used in Drilling Pale Blue = Data Used in Completion Light Blue = Value in Local Currency Dark blue cell = formulas

Instructions: Fill in the details just for the Rigs that you use - either update those already given, or add a new line. If you have the values in the local currency enter them into the table on the right and click on the button to convert to USD. All data needs to be filled in for the left table

Rig Database

Date

Location:

Rig Name

Rig Type

Location

Rig Cost

Rig Lifetime (years)

Rig Finance Period

Rig Loan

Rig Loan Interest rate

Rig Lifetime (hours)

C&P Field Note Rig A C&P Field Note Rig B C&P Field Note Rig C

0 0 0 0 0 0 0 0 0 0 0 0 0

Heavy Medium Light 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Mystery Mystery Mystery 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

$ $ $

500,000 170,000 70,000

$ $ $ $ $ $ $ $ $ $ $ $ $

10 10 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

5 5 5

500,000 170,000 70,000

20.00% 20.00% 20.00%

10,000 10,000 10,000

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0

0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0

0 0 0 0 0 0 0 Limit of Drop Down

0 0 0 0 0 0 0

$ $ $ $ $ $ $

0 0 0 0 0 0 0

0 0 0 0 0 0 0

0 0 0 0 0 0 0

0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

0 0 0 0 0 0 0

0 0 0 0

a new line. If you onvert to USD. All

Rig Utilisation Rig (days) Maintenance

Replacement Lifespan Replacement Cost Drilling Drilling Cost Hammer string String (m)

Lifespan of Replacement Lifespan Hammer Cost Hammer Hammer (m) Bit Bit (m)

Replacement Cost Drag Bit

Lifespan Drag Current Bit (m) Rig

124 124 124

5% 5% 5%

$ $ $

20,000 15,000 10,000

20,000 20,000 20,000

$ $ $

10,000 8,000 3,000

3,000 3,000 3,000

$ $ $

1,200 1,200 1,200

300 300 300

$ $ $

500 500 500

300 300 300

0 0 0 0 0 0 0 0 0 0 0 0 0

0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%

$ $ $ $ $ $ $ $ $ $ $ $ $

0 0 0 0 0 0 0 0 0 0 0 0 0

$ $ $ $ $ $ $ $ $ $ $ $ $

0 0 0 0 0 0 0 0 0 0 0 0 0

$ $ $ $ $ $ $ $ $ $ $ $ $

0 0 0 0 0 0 0 0 0 0 0 0 0

$ $ $ $ $ $ $ $ $ $ $ $ $

0 0 0 0 0 0 0 0 0 0 0 0 0

0 Selected 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

0% 0% 0% 0% 0% 0% 0%

0% 0% 0% 0% 0% 0% 0%

$ $ $ $ $ $ $

0 0 0 0 0 0 0

$ $ $ $ $ $ $

0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ Limit of Drop Down

0 0 0 0 0 0 0

$ $ $ $ $ $ $

0 0 0 0 0 0 0

0 0 0 0 0 0 0

Local Currency
Rig Name Rig Type Location

GB
Rig Cost Rig Lifetime (years) Rig Finance Period Rig Loan Rig Loan Rig Interest rate Lifetime (hours)

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 Limit of Drop Down

Rig Utilisation (days)

Rig Maintenance

Replacement Lifespan Cost Drilling Drilling string String (m)

Replacement Lifespan of Replacement Lifespan Replacement Cost Hammer Hammer Cost Hammer Hammer Bit Cost Drag Bit (m) Bit (m)

Lifespan Drag Bit (m)

Current Rig

0 Selected 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 Limit of Drop Down

Instructions: Fill in the details just for the casing/screen/backfill type that you need - either enter them into the table on the right and click on the button to convert to USD. The local cu

Casing Database

Date

Location:

Casing
Type UPVC (heading) 4 inch casing 110mm casing 5 inch casing 6 inch casing Steel (heading) 65/8 inch casing 150 mm casing 95/8 inch casing 135/8 inch casing 155/8 inch casing Diameter Inches 4.0 4.3 5.0 6.0 7.5 6.0 9.5 13.5 15.5 Price Per m $ $ $ $ $ $ 9.00 11.00 15.00 20.00 69.00 64.00 0 0 Used 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Screen
Type UPVC (heading) 4 inch screen 110mm screen 5 inch screen 6 inch screen Steel (heading) 6 inch 20-23 bar stainless steel screen 6 inch 60- 72 bar stainless steel screen 150 mm screen

$ 153.85 $ 153.85 $ 230.77 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ -

Limit of Drop Down

backfill type that you need - either update those already given, or add a new line. If you have the values in the local curr ton to convert to USD. The local currency tables don't need to be filled in only the tables in USD

n
Diameter Inches 4.0 4.3 5.0 6.0 6.0 6.0 6.0 Price Per m $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 10.00 0 0

Annulus Fill
Type Graded Gravel Pack Formation stabiliser (washed gravel/sand backfill) Drill Cuttings Cement Bentonite Price per 25 kg bag $ 7.00 $ 3.00 $ $ $ 20.00 35.00

12.00 Used 17.00 0 22.00 0 0 212.00 0 250.00 260.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Limit of Drop Down

If you have the values in the local currency e tables in USD

Local Currency

GB

Casing
Type UPVC (heading) 4 inch casing 110mm casing 5 inch casing 6 inch casing Steel (heading) 65/8 inch casing 150 mm casing 95/8 inch casing 135/8 inch casing 155/8 inch casing 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Diameter Price Per Inches m 4.00 4.30 5.00 6.00 0.00 7.50 6.00 9.50 13.50 15.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 15.00 17.00 20.00 25.00 50.00 60.00 100.00 100.00 150.00 0 0 0 Used 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Screen
Type UPVC (heading) 4 inch screen 110mm screen 5 inch screen 6 inch screen Steel (heading) 6 inch 20-23 bar stainless steel screen 6 inch 60- 72 bar stainless steel screen 150 mm screen 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Limit of Drop Down

een
Diameter Inches Price Per m 0 4 15.00 4.3 5 6 0 6 6 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20.00 25.00 28.00 60.00 100.00 110.00 0 0 0 Used 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Annulus Fill
Type Graded Gravel Pack Formation stabiliser (washed gravel/sand backfill) Drill Cuttings Cement Bentonite Price per kg bag 5.00 2.00 0.00 20.00 25.00

Rig Specifications Rig Rig Value Rig Life (Years) Rig Utilisation Rig Depreciation ($/hour) Total Rig Depreciation Labour & Fuel Time to Travel to Site and Set Up (hours) Labour Cost Fuel $/Litre Distance (km) 10 $1,067 $1.33 260 Hire/Real upkeep
1 4 1

$2.00 $170,000 10 34% $17.00 $340 26.52 0 265,200

1,664 2.08

Step 2: Mobilisation

Vehicles 1. Rig Transport 2. Compressor Transport 3. Extra Vehicles Mobilisation Vehicle Costs Hourly Vehicle Cost Mobilisation Fuel Costs Mobilisation Hire Costs Mobilisation Vehicle Costs $8.33 $693.33 $166.67 $860.00 13 1,082 260 1,342

Fuel $693.33 $0.00 $0.00 1,082 0 0

$166.67 $0.00 $0.00

260 0 0

Total Mobilisation

2,267

3536

Step 3: Drilling

Drilling Spec Total Depth (m) 50.0 Thickness of Overburden (m) 40.0 Thickness of Rock (m) 10.0 Average Speed of Drilling (m/hour) 4.0 Diameter of Hole (inches) 6.0 Time to Drill Hole (hours) 12.5 Supplies Rig Total Fuel and Lubric $41.67 Compressor and Fuel (rock drilling) $8.33 Mud Pump (overburden drilling) $13.33 Total Labour cost $666.67 Vehicle costs $104.17 Temporary Casing $150.00 Rig Details Rig C&P Field Note Rig B Rig Cost $170,000 Rig Life (hours) 10,000 Maintenance 5% Rig Equipment Replacement Cost Replacement Cost Lifespan of Equipment (m) Time Delays Length of Delays (hours) Cost of Delay Drilling String $15,000 23,400 20,000

Drilling Unit Rates Rig Depreciation (/hour) Maintenance (per hour) Overburden Cost (per m) Rock Costs (per m)

$ $ $ $

17.00 0.85 2.42 7.42

27 1 4 12

Total $ 212.50 $ 10.63 $ 96.67 $ 74.17

65 13 21 1,040 163 234

265,200

Hammer $8,000 12,480 3,000

Hammer Bit $1,200 1,872 300

Drag Bit $500 780 300

Total Drilling Cost

$1,457

2,273

$79

332 17 151 116

2,273

Hole Hole Diameter (inches) Hole Depth (m) Is the hole Cased/Screened? Casing Diameter (inches)

6 50 Yes 1 4.3

No

Rig Depreciation ($/hour) Labour Cost Vehicle Cost for Casing Tick if Casing sections are welded together

$42.50 $133.33 $20.83 FALSE

0 0 Casing (including sump) Screen Type of Casing/Screen Length (m) Unit Price ($/m) Total Cost 5 40 $11.00 $440.00 1.Backfill Backfill or Gravel pack Type Length (m) Volume Required (m3) No. Bags required (bag = 25 kg) Cost per Bag Total Cost Total Fill 2 35 0.34 20.5 $3.00 $61.49 $110.68 12 0.12 7.0 $7.00 $49.19 4 17.16 686.40 10 $12.00 $120.00 2. Gravel Pack 1 4

0
18.72 187.20

Step 4: Completion

0.00

4.68 95.92 172.66

10.92 76.74

Length Sanitary Seal (m) Cost per Bag Cement Bags of Cement (bag 25 kg) Cost per Bag Bentonite Bags of Bentonite (bag =25 kg) Total Cost

3. Sanitary Seal 3 $20.00 31.20 1 $35.00 54.60 2 $90.00 140.40

Total Completion

$957

1,493

Development Time to Develop Borehole (hours) Compressor Fuel Cost Compressor Depreciation Cost Development Total Pumping Test Pumping Test Length (hours) Pump and Generator Fuel Cost Pump and Generator Depreciation Pumping Test Total
Time equip, labour, vehicles on site (hr)

$5 $3
$8.00

8 4 12

Step 5: Well Development

12

$16 $18
$34.00 8

25 28 53

Labour and Rig Is the Rig on Site for Pumping Test? Total Rig Depreciation Total Labour Cost Vehicle costs

Yes

No

2 106 645 156

$68.00 $413.33 $100.00

Total Development and Pumping Test Cost

$623

972

$623.33, 12%

USD Bill of Quantities

3536 No 1 1.1 1.2 1.3 1.4 2 2.1 2.11 2.12 2.13 2.14 2.15 2.16 2.17 2.18 2.2 2.21 2.22 3 Description Mobilisation/Demobilisation Rig Depreciation Fuel Vehicle running costs Labour: Mobilisation Drilling Per Hour: Drilling + Rig Depreciation Labour: Drilling Compressor Fuel Rig Fuel and Lubric Mud & foam Vehicle running costs Temporay Casing Delays Per Metre: Rock Drilling Costs Overburden Drilling Costs Casing and Completion Casing: 110mm casing Screen: 110mm screen Backfill Unit $/hour km $/hour hours Unit Rate $17.00 $1.33 $8.33 $53.33

Mobilisation $2,266.67

Drilling $1,456.79 2272.595 $2,266.67, Completion $957.35 1493.4636 $957.35, 18% 43% Development $623.33 972.4

$1,456.79, 27%

Mobilisation

Drilling

Completion

Development

Borehole Cost

$/hour $/hour $/hour $/hour $/hour $/hour Unit $/hour m m

$17.85 $53.33 $3.33 $3.33 $1.33 $8.33 $150.00 $78.67 $7.42 $2.42 $11.00

$ GB

5,304 8,274
Name Field note Location: St Gallen Date

Step 6: Results

Errors and Empty Cells Mobilisation 0 0 Drilling Completion 0

3.1 3.2 3.3

m 25 kg bags

$12.00 3.00

Step 6: Results

Development

2/24/2009

3.4 3.5 3.6 3.7 3.8

Gravel Pack Sanitary Seal (Bentonite) Sanitary Seal (cement) Labour: Casing Vehicle running costs Rig Depreciation Development and Pumping Test Borehole Development (Compressor depreciation) Borehole Development (Compressor fuel) Pumping Test (Depreciation) Pumping Test (Fuel) Labour Development Labour Test Pumping Vehicle running costs

25 kg bags 25 kg bags 25 kg bags $/hour $/hour $/hour

$7.03 $35.00 $20.00 $53.33 $8.33 $17.00

Working Hours in Day Total Days (Minimum)

8 5.5

3.9 4 4.1

$/hour $/hour $/hour $/hour $/hour $/hour $/hour $/hour

$0.67 $1.33 $1.50 $1.33 $53.33 $25.00 $8.33 $17.00

2. Minimum Timescale
Task Mobilisation Drilling Completion Development and TP Demobilisation Duration Duration (hours) (Days) 10.0 13.5 2.5 12.0 10.0 1.3 1.7 0.3 1.0 1.3 Start (Days) 0 1.3 2.9 3.3 4.3 Finish (Days) 1.3 2.9 3.3 4.3 5.5

4.2 4.3 4.4 4.5 4.6 4.7 4.8

Rig Depreciation

Total (excluding overheads) Total (including overheads)

Minimum Number of Days (based on set number of hours in a day)

Mobilisation

Drilling

Completion

Development and TP

Demobilisation

GB Bill of Quantities
Quantity 20.00 520.00 20.00 20.00 Amount ($) $2,267 $340 $693 $167 $1,067 $1,457 $223 $667 $8 $42 $13 $104 $150 $79 $74 $97 $957 $440 $120 $61 No 1 1.1 1.2 1.3 1.4 2 2.1 2.11 2.12 2.13 2.14 2.15 2.16 2.17 2.18 2.2 2.21 2.22 3 3.1 3.2 3.3 Description Mobilisation/Demobilisation Rig Depreciation Fuel Vehicle running costs Labour: Mobilisation Drilling Per Hour: Drilling + Rig Depreciation Labour: Drilling Compressor Fuel Rig Fuel and Lubric Mud & foam Vehicle running costs Temporay Casing Delays Per Metre: Rock Drilling Costs Overburden Drilling Costs Casing and Completion Casing: 110mm casing Screen: 110mm screen Backfill Unit GB/hour km GB/hour hours Unit Rate Quantity 26.52 2.08 13.00 83.20 20.00 520.00 20.00 20.00 Amount 3536 530 1082 260 1664 2273 348 1040 13 65 21 163 234 123 116 151 1493 686.40 187.20 96

12.50 12.50 2.50 12.50 10.00 12.50 1.00 1.00 10.00 40.00

GB/hour GB/hour GB/hour GB/hour GB/hour GB/hour GB/hour GB/hour m m

27.85 83.20 5.20 5.20 2.08 13.00 234.00 122.72 11.57 3.77

12.50 12.50 2.50 12.50 10.00 12.50 1.00 1.00 10.00 40.00

40.00

m m 25 kg bags

17.16 18.72 4.68

40.00 10.00 20.50

10.00 20.50

7.00 2.00 1.00 2.50 2.50 2.50

$49 $70 $20 $133 $21 $43 $623

3.4 3.5 3.6 3.7 3.8 3.9 4 4.1 4.2 4.3 4.4 4.5 4.6 4.7 4.8

Gravel Pack Sanitary Seal (Bentonite) Sanitary Seal (cement) Labour: Casing Vehicle running costs Rig Depreciation Development and Pumping Test Borehole Development (Compressor depreciation) Borehole Development (Compressor fuel) Pumping Test (Depreciation) Pumping Test (Fuel) Labour Development Labour Test Pumping Vehicle running costs Rig Depreciation

25 kg bags 25 kg bags 25 kg bags GB/hour GB/hour GB/hour

10.96 54.60 31.20 83.20 13.00 26.52

7.00 2.00 1.00 2.50 2.50 2.50

77 109 31 208 33 66 972

4.00 4.00 12.00 12.00 4.00 8.00 12.00 4.00

$3 $5 $18 $16 $213 $200 $100 $68

GB/hour GB/hour GB/hour GB/hour GB/hour GB/hour GB/hour GB/hour

1.04 2.08 2.34 2.08 83.20 39.00 13.00 26.52

4.00 4.00 12.00 12.00 4.00 8.00 12.00 4.00

4 8 28 25 333 312 156 106

$5,304 $6,382

Total (excluding overheads) Total (including overheads)

GB GB

8274 9956

3. Cost Breakdown
Equipment Fuel Labour Vehicles Consumables

Total US $

GB

16%

18%

8%

Equipment Fuel Labour Vehicles Consumables Total

15%

$ $ $ $ $ $

882 765 2,120 400 774 4,941

1376 1193 3307 624 1207 7708

43%

No of Days of Trip Working Days in a year Rig Rig Loan Lifetime (years) Rig Loan Interest Rig Loan Yearly Repayments

5.5 240
C&P Field Note Rig B 10 20.00% $170,000 $39,424.16

Office Cost Item Stationery Bills other 265,200 61,502 Cost for Trip (local) 0 0 0 0 57 215 1,409 1,681 8274.458573 9,956

1600 Per year ($) Per Year (GB) 100 156 500 780 1000 1,560 0 0 0 0 0

Overheads Costs For Borehole

Item Contract Specific Expenses:

Yearly Fee

Cost for Trip ($) $0.00 $0.00 $0.00 $0.00 $36.67 $137.50 $903.47 $1,077.64 $5,304 $6,382

Office Office Staff

Rig Loan

$1,600.00 $6,000.00
$39,424.16

Total Overheads for Borehole Cost of Borehole Total Cost for Borehole

0 0 0 0 0 0 0

Office Staff

6000

Item Per year ($) Per Year (GB) Receptionist 1 500 780 Receptionist 2 500 780 Manager 5000 7,800 0 0 0 0 0

0 0 0 0 0 0 0

Borehole Costing Model V1

Rig Type Water Well Reference Field note No: Hole Depth (m): Date 2/24/2009 Speed Drilling (m/hour): Exported Thickness of Rock (m): 6/13/2013 Location: St Gallen Thickness of Overburden (m): Description: This is the test run for the costing and pricing Diameter of Hole (inches): field note. Diameter of Casing (inches): C&P Field Note Rig B 50 4 10 40 6 4.3 Quantity

USD Bill of Quantities

No 1 1.1 1.2 1.3 1.4 2 2.1 2.11 2.12 2.13 2.14 2.15 2.16 2.17 2.18 2.2 2.21 2.22 3 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9 4 4.1 4.2 4.3 4.4 4.5 4.6 4.7 4.8 Description Unit Unit Rate Mobilisation/Demobilisation Rig Depreciation $/hour $ 17.00 20.00 Fuel km $ 1.33 520.00 Vehicle running costs $/hour $ 8.33 20.00 Labour: Mobilisation hours $ 53.33 20.00 Drilling Per Hour: Drilling + Rig Depreciation $/hour $ 17.85 12.50 $/hour $ 53.33 12.50 Labour: Drilling $/hour $ 3.33 2.50 Compressor Fuel $/hour $ 3.33 12.50 Rig Fuel $/hour $ 1.33 10.00 Mud & foam $/hour $ 8.33 12.50 Vehicle running costs $ 150.00 1.00 Temporay Casing Unit Delays $/hour $ 78.67 1.00 Per Metre: Rock Drilling Costs m $ 7.42 10.00 Overburden Drilling Costs m $ 2.42 40.00 Casing and Completion Casing: $ 11.00 40.00 m 110mm casing Screen: $ 12.00 10.00 m 110mm screen 25 kg bags $ 3.00 20.50 Backfill 25 kg bags $ 7.03 7.00 Gravel Pack 25 kg bags $ 35.00 2.00 Sanitary Seal (Bentonite) 25 kg bags $ 20.00 1.00 Sanitary Seal (cement) $/hour $ 53.33 2.50 Labour: Casing Vehicle running costs $/hour $ 8.33 2.50 $/hour $ 17.00 2.50 Rig Depreciation Development and Pumping Test Borehole Development (Compressor $/hour $ 0.67 4.00 depreciation) Borehole Development (Compressor fuel) $/hour $ 1.33 4.00 $/hour $ 1.50 12.00 Pumping Test (Depreciation) $/hour $ 1.33 12.00 Pumping Test (Fuel) $/hour $ 53.33 4.00 Labour Development $/hour $ 25.00 8.00 Labour Test Pumping $/houron set $ number of 8.33 Vehicle running costs Minimum Number of Days (based hours 12.00 in a day) $/hour $ 4.00 Rig Depreciation 0 1 2 3 4 17.00 5

Total (excluding overheads) Total (including overheads) Mobilisation Drilling

Completion Development and TP Demobilisation

Borehole Costing Model V1

Rig Type Water Well Reference Field note No: Hole Depth (m): Date 2/24/2009 Speed Drilling (m/hour): Exported Thickness of Rock (m): 6/13/2013 Location: St Gallen Thickness of Overburden (m): Description: This is the test run for the costing and pricing Diameter of Hole (inches): field note. Diameter of Casing (inches): C&P Field Note Rig B 50 4 10 40 6 4.3

GB Bill of Quantities
No 1 1.1 1.2 1.3 1.4 2 2.1 2.11 2.12 2.13 2.14 2.15 2.16 2.17 2.18 2.2 2.21 2.22 3 3.1 3.2 3.3 3.4 3.5 3.6 3.7 Description Mobilisation/Demobilisation Rig Depreciation Fuel Vehicle running costs Labour: Mobilisation Drilling Per Hour: Drilling + Rig Depreciation Labour: Drilling Compressor Fuel Rig Fuel Mud & foam Vehicle running costs Temporay Casing Delays Per Metre: Rock Drilling Costs Overburden Drilling Costs Casing and Completion Casing: 110mm casing Screen: 110mm screen Backfill Gravel Pack Sanitary Seal (Bentonite) Sanitary Seal (cement) Labour: Casing Unit GB/hour km GB/hour hours Unit Rate Quantity 26.52 2.08 13.00 83.20 20.00 520.00 20.00 20.00

GB/hour GB/hour GB/hour GB/hour GB/hour GB/hour GB/hour GB/hour m m m m 25 kg bags 25 kg bags 25 kg bags 25 kg bags GB/hour

27.85 83.20 5.20 5.20 2.08 13.00 234.00 122.72 11.57 3.77 17.16 18.72 4.68 10.96 54.60 31.20 83.20

12.50 12.50 2.50 12.50 10.00 12.50 1.00 1.00 10.00 40.00 40.00 10.00 20.50 7.00 2.00 1.00 2.50

3.8 3.9 4 4.1 4.2 4.3 4.4 4.5 4.6 4.7

Vehicle running costs Rig Depreciation

GB/hour GB/hour

13.00 26.52

2.50 2.50

Development and Pumping Test Number of Days (based on set number of hours in a day) Minimum Borehole Development (Compressor 1.04 4.00 0 1 2 GB/hour 3 4 depreciation) Borehole Development (Compressor fuel) GB/hour 2.08 4.00 Mobilisation Pumping Test (Depreciation) GB/hour 2.34 12.00 Pumping Test (Fuel) GB/hour 2.08 12.00 Labour Development and Test Pumping GB/hour 83.20 8.00 Drilling GB/hour 13.00 12.00 Vehicle running costs Rig Depreciation GB/hour 26.52 4.00 Total (excluding overheads) GB Completion GB Total (including overheads)

Development and TP
Demobilisation

C&P Field Note Rig B

Amount ($) $2,267 $340 $693 $167 $1,067 $1,457 $223 $667 $8 $42 $13 $104 150 $79 $74 $97 $957 $440 $120 $61 $49 $70 $20 $133 $21 $43 $623 $3 $5 $18 $16 $213 $200 $100 $68

er of hours in a day)
6

$5,304 $6,382

C&P Field Note Rig B

Amount 3536 530 1082 260 1664 2273 348 1040 13 65 21 163 234 123 116 151 1493 686 187 96 77 109 31 208

33 66 972 4 8 28 25 312 156 106 8274 9956

6

number of hours in a day)

5

Local Currency