RE: Turkish Delight22 Mar 2022 08:21
"Wells in Turkey from scratch are costing 5m TL or over. This is about $337,128."
IBug - you need to define what wells , what depths, and where for that number to have any meaning
As you know I'm not a big fan of the Turkish operation but if they're drilling post holes to 500m and doing basic completions that may be the cost - something like Basur 3 is a different game all together - it's clearly tough drilling and a large deviation. Overall I reckon Turkish costs are 50-75% of onshore UK - main saving is in planning delays, site construction and paperwork