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Independent Wells and Completions Cost and Schedule Estimate and Benchmarking (Confidential Client)

Working for Non-Operated Venture Partners, EPEn provided an independent wells and completions cost and schedule estimate for two subsea wells in deep-water offshore Israel. The study included an assessment of the drilling program, completions design and comparison against local benchmarks as well as the delivery of a complete independent cost and schedule estimate for each of the wells. Additional recommendations were provided on analysis of NPT trends in relation to the local offset wells and a set of detailed recommendations were made in areas where further investigation may yield additional benefits.