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  5. ›East Arvada 2018-19 Well Plugging

Awarded contract·State of Wyoming·Wyoming

East Arvada 2018-19 Well Plugging

Won by Continental Industries Field Services +3 more$5MMultiple Award
Contract source

Awarded vendors

  • Continental Industries Field Services
  • Pluggin Along, LLC
  • WyoDak Energy Services
  • JTE Services, LLC

Description

The East Arvada 2018-19 Well Plugging contract involves the plugging of oil and gas wells in Wyoming. The contract was awarded to four vendors: Continental Industries Field Services, Pluggin Along, LLC, WyoDak Energy Services, and JTE Services, LLC. The contract includes various tasks such as pulling tubing and rods, removing surface and downhole equipment, and setting bridge plugs. The contractors will also be responsible for pod building removal and equipment mobilization and demobilization. The contract prices vary by well depth and task, with prices ranging from $470 to $3,100 per well. • The contract involves the plugging of 55 wells with depths between 500' and 850' and 48 wells with depths between 950' and 1600'. • The contractors will be paid based on the number of wells plugged and the tasks completed. • The contract includes hourly rates for equipment such as rigs, wire spoolers, and coil tubing units. • The contractors will also be responsible for crew travel and subsistence, and third-party services will be billed at a 10% to 20% recharge rate.

Attached files

Key dates

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Energy and Utilities
NAICS
213112
Solicitation №
0118-D

Contract value

$5,000,000

The total value of the contract can be estimated by calculating the total cost of plugging all the wells. Based on the prices listed in the contract, the total cost for plugging the 55 wells with depths between 500' and 850' is approximately $1,433,500, and the total cost for plugging the 48 wells with depths between 950' and 1600' is approximately $2,354,400. Additionally, the contractors will be paid for equipment hourly rates, crew travel and subsistence, and third-party services. Assuming an average equipment hourly rate of $150 per hour and an average crew travel and subsistence cost of $800 per day, the total cost for equipment and crew travel and subsistence can be estimated to be around $500,000 to $1,000,000. Therefore, the total value of the contract can be estimated to be around $4,287,900 to $5,787,900.

AI estimate from the award documents

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