Thoughts behind room design
The room is almost empty so that the focus is the well. The difficulty with this room is succeeding, figuring out what needs to be done is not the challenge, so the room is pretty empty.
The lights on the wall are green to give the room an eery feel, based on Lovecraftian Horror. To give the room that creepy feel, it will be dimly lit, and the only light source will be from the green lights on the walls. This will give the room a green glow.
The walls and floor are made to look like stone to give the feel of a dungeon. The well itself is also made to look as though it is made of stone. This is why it is an octagon, rather than a cylinder. Having 'panels' gives the sense that it could be built from rectangular stone bricks.