Estis HPGL
Evaluator

Economic analysis of ESPS and High pressure gas lift

Step 1:

What basin are you working in?

Step 2: 
Current ESP Per Well Costs

Monthly Variable Costs

ESP Rental Rate ?Should include the ESP and the VFD to power the ESP.

Should include the ESP and the VFD to power the ESP.

Generator Fuel Cost ?Cost could either be field gas cost or propane, whichever fuels the generator.

Cost could either be field gas cost or propane, whichever fuels the generator.

Generator Rental Rate

Step 2: 

One-time Installation Costs

INCREMENTAL WORK-OVER COST ?This is cost for additional rig time, spooler, ESP consumables, rentals, etc. associated with the initial install of an ESP.

This is cost for additional rig time, spooler, ESP consumables, rentals, etc. associated with the initial install of an ESP.

Electrical Hookup ?This is the cost of the electrical installation from electrical utility to the start of the ESP power cable. It doesn't include the actual cost of the VFD but does include its installation cost.

This is the cost of the electrical installation from electrical utility to the start of the ESP power cable. It doesn't include the actual cost of the VFD but does include its installation cost.

Failed ESP Replacement Costs

Mean Time Between Failure of ESP (months)

ESP Repair/Replacement Cost ?This cost should include all costs related to ESP repair or replacement, including pulling the well.

This cost should include all costs related to ESP repair or replacement, including pulling the well.

Step 3: 
HPGL LOE Per Well Costs

Monthly Variable Costs

Will you feed the HPGL booster compressor with your own compressor?

Customer Feed Compressor Allocated Cost ?If you are supplying your feed compression, what portion of the cost of that compressor should be allocated to the HPGL well?

If you are supplying your feed compression, what portion of the cost of that compressor should be allocated to the HPGL well?

Field Gas Cost ($/MCF) ?What is the cost of the field gas that will fuel the booster compressor?

What is the cost of the field gas that will fuel the booster compressor?

Step 3: 

One-time Installation Costs

HPGL Booster installation ?Cost includes compressor installation, wellhead reconfiguration, high pressure surface pipe and roustabout crew.

Cost includes compressor installation, wellhead reconfiguration, high pressure surface pipe and roustabout crew.

Feed Compressor installation ?Cost includes feed compressor installation.

Cost includes feed compressor installation.

EstisEval (2)