How Much Does It Cost to Drill a Oil Well

How Much Does It Cost to Drill a Oil Well

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A single onshore well in the U.S. can cost anywhere from $4 million to $15 million. Offshore? Try $100 million to $1 billion. Per well. Yes, you read that right.

That’s not a typo. That’s the price of a small private island… or a fleet of Lamborghinis. The fun part? You might hit a dry hole. Poof. Millions gone, no oil.

井上 凛
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井上 凛

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