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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. Prices for drilling a water well are typically quoted by the foot, and vary significantly depending on the type and difficulty of the material being drilled through (sand, solid rock, clay, etc.).
The average cost per well at each depth interval in the JAS reports (1976Â­2004) was used to create the drilling index, because the drilling process is essentially the same for oil, gas, and geothermal wells. A 17% inflation rate was assumed for preÂ­1976 index points.owever, an example wellÂ­cost estimate was developed for a 2,500 m (8,200 ft) oil and gas well with casing diameters that are more representative of those used in oil and gas drilling (the comparison is shown in Table 6.2). These costs are within the scatter of the JAS cost information for California.