Hi Balooba,
Not quite. That's just the bare-boat charter rate. Need to add all consumables, mud, drill pipe, bits, tools, BOPs, conductors, supply boats, helicopter charters, shore base, owners crews and specialists, etc. These are likely to add an additional $500-700k/day. This'll be $1m - $1.2m/d but still enough to drill a couple of 60-75 day wells.
Cheers,
Hi Balooba, Not quite. That's just the bare-boat charter rate....
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