Wednesday, March 12, 2008

FTC followup

Our Engineers ran the GeoCalc software using the FTC analysis and have determined we can reduce our well field by 2 circuits, 20 wells!

The deducts for the 20 loops should include:

3,060 LF of horizontal piping.

20 vertical bores at 300 ft each = 6,000 LF.

3,060 LF x $5.27/LF = $16,126.20

6,000 LF x $5.00/LF = $30,000.00

Total = $46,126.20 deduct.


You might be asking why wasn't this done before the drawings went out? Due to the owner's financing vehicle, there is only two pots of money, the fees and construction. So the engineers made an educated guess on how many wells they thought it would take and added a few so there would be a possible credit in lieu of add to the contract.

The design isn't done until the keys are given to the owner!

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