Live Well Workover Cost Benefit Analysis Tool
Have you ever heard of someone killing a well and it never came back, or maybe when it did the production rates were down sharply. Normally, this is associated with formation damage caused by the kill fluids. Live Well Operations can help eliminate this problem since no fluids are used. Please fill in the following boxes to see the potential cost savings of a Live Well Operation:
Hydraulic Workover (HWO) or Coiled Tubing (CT) Daily Cost:
HWO or CT Support Equipment Cost:
HWO. or CT Days on Location:
Rig Daily Cost:
Rig Support Equipment Cost:
Rig Days on Location:
Price per 1 bbl of Oil:
Price per Thousand Cubic Feet of Gas:
Oil Production in bbl/day Without Damage:
Gas Production in mmscfd Without Damage:
Percent Loss of Oil Production from Formation Damage:
Percent Loss of Gas Production from Formation Damage:
Estimated Days Required to Pay for HWO or C/T:
Cost Benefit Associated with Production Increase due to a Live Well Method: