Question-and-Answer Session
Operator
Sure. (Operator instructions) Your first question comes from the line of Brian Lively from Tudor Pickering Holt. Your line is now open.
Brian Lively -- Tudor Pickering Holt
Good morning.
Ken Beer
Good morning, Brian.
Brian Lively -- Tudor Pickering Holt
On the Amberjack drilling program what are you guys expecting in terms of drilling complete cost per well production rates and ultimate recoveries?
David Welch
I don't have a breakdown on per well cost. The overall programs in the $65 million to $70 million range and on the rate side of it we anticipate adding up to perhaps 6,000 barrels of oil a day production.
Ken Beer
Brian, it's Ken. Just to make sure you're not just adding on top, obviously that will help mitigate a lot of the production, the natural decline that we would have, so that's --
David Welch
And it will come on sequentially. They won't all pop on at the same time.
Ken Beer
Correct.
Brian Lively -- Tudor Pickering Holt
That's helpful. In terms of going back to the cost for a second, what types of day rates are you seeing or expecting, I guess for this platform rig?
Ken Beer
Again, why don't we give a range? I mean the platform rig would come down to I want to say kind of $45,000 a day to $50,000 a day type on or maybe high, I think $45,000 a day to $55,000 a day, something like that, but the point is there's a lot of additional incremental costs associated with the day rate, overall day rate, but we felt like the economics on this project we think are one of the best in the Gulf. I mean this is going to be adding rate immediately to the drilling off the platform. It's oily and it's adding primarily just new reserves, so this is at least in our minds, one of the highest return projects we have in looking forward to having the platform rig available to start drilling.
Brian Lively -- Tudor Pickering Holt
Okay, that's helpful. Just shifting to the deepwater and kind of your allocation, I think you had said previously that the two deepwater wells to four deepwater wells for next year would be spaced evenly through the year. Are you still kind of on that in terms of your visibility on how the CapEx will be spent?
David Welch
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