[mothballed]

The depths are 600-700ft.

The price at that depth is dominated by the per foot cost. But inside the per-foot cost is the licensing, regulatory, casing compliance, and permitting compliance.

It's about $50/ft just to drill. After that is electric, the pump, the pressure tanks, burying pipe to enough houses to make each share cheap enough, and the legal cost of setting up a well share.

If you just wanted a well for your own property and merely put a spigot powered by a generator right next to it, you might be able to get away with $35k to start with. If you are looking to do a well share so that it becomes more economically feasible to split costs, I think it would be minimum $50k.

[stockresearcher]

Thanks. Around me I think it would be closer to $15-20k including all the equipment. Permitting is legally capped at $100 and there are about 15 or 20 businesses within 50 miles that do it, so competition abounds.