The contract is for well plugging services, specifically for the BLM Chicago Government #1 Well. The contractor, Continental Industries Field Services, LLC, will provide services such as drilling out and plugging with 7" intermediate casing, and cement mixing and pumping. The contract includes equipment hourly rates, and the contractor's equipment availability date is Mid August 2019. The scope of work includes plugging per well, with costs ranging from $82,000 to $96,500 per well.
• The contract includes equipment hourly rates, such as $330 for a rig and $1,750 per day for cement mixing and pumping.
• The contractor will provide services such as drilling out and plugging with 7" intermediate casing.
• The contract has a re-bill charge of 20% for third-party services.
• The contractor's equipment availability date is Mid August 2019.