I would suggest that anyone in favour of CTP "OWNING" a Drill...

I would suggest that anyone in favour of CTP "OWNING" a Drill Rig give some thought to the ancillary factors of "ownership" as distinct from HIRING.

EG.Operatorsip.=(hire,train,direct,roster and pay TWO experienced crews,for 24/7 operation).
PLUS= Maintenance,(mechanical,electrical,hydraulic), stocking of spares and consumables,Insurances,
financial outgoings,(both while in operation and during downtimes.)Plus the ongoing costs during transportation
between drill sites. These factors would become the direct administrative and financial responsibilities of CTP!
CTP is a lease holder,NOT a drilling company!

There are many more factors that would impact,as I am certain that anyone with oil patch experience will be able to readily recall..
Stick to hiring and let someone else wear the uncertainties and expenses of owner/operator...QED..