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1 This brings the typical total for drilling a well and setting up a private water delivery system to $3,500-$20,000 or more, but an especially deep and difficult well with a complex water system can cost $20,000-$50,000 or more, depending on depth, water yield and system complexity.
The cost of a 6Â­casing, 6,000 m (19,700 ft) geothermal well compares satisfactorily with a limited number of oil and gas wells from the JAS database. The estimated cost of the 6,000 km EGS well is $12.28 million vs. an average JAS oil and gas well cost of $18 million.hapter 6 Drilling Technology and Costs 6.3.3 Updated geothermal well costs The MITDD drilling cost index was used to update completed well costs to year 2004 U.S. $ for a number of actual and predicted EGS/HDR and hydrothermal wells.