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Workover Cost Estimator
Estimate oil well workover costs based on well depth, rig type, and workover scope. Calculate economics: cost vs. expected production gain and payback period.
Inputs
Results
Total Workover Cost
--
$
Payback Period
--
months
1-Year Incremental Rev
--
$
Economic Decision
--
Equations
Total cost: C = rig_rate × duration + mobilization (~$20K) + materials estimate
Annual incremental production: = Q_gain × (1 - e^(-decline)) / decline [Arps exponential]
Payback: months = Total_Cost / (Q_gain × price × 30)
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