SERVICE

Offshore Drilling Rig — Mid-Spec Jack-Up Day Rate

Offshore drilling service: vessel-based rig mobilises to location, runs casing, drills and conditions wellbore, runs completion equipment, demobilises. Billed per operating day. · US
Total Cost
$184,001 / hour
Capacity (days/year)
365
Throughput %
75%
Working capital
$3.0M Mn
Capex
$0.00 Mn
Offsite
$0.00 Mn
Total investment
$3.0M Mn
Lines
9
Net raw material
$0.00
0.0%
Conversion
$184,001
100.0%
Total / hour
$184,001
$ per hour

Operating

$136,501 / hour
LinePrice (USD)Cost / hour
Rig charter / amortisation$87,500
Fuel and lubricants (diesel / natural gas)Live$1.07
Catering and accommodation (crew)$15,000
Maintenance and repairs$22,000
Drilling consumables (mud, chemicals, casing)$12,000

Overhead

$22,000 / hour
LinePrice (USD)Cost / hour
Contractor overhead and margin$22,000

Others

$25,500 / hour
LinePrice (USD)Cost / hour
Insurance (rig and liability)$11,000
Shore-base logistics and support$9,000
Mobilisation / demobilisation (amortised)$5,500
Prices stored in USD; converted to your selected currency at the latest ECB rate. Inputs marked "Live" pull current observed prices from Claight commodity data.