RIG TIME SAVINGS Total Rig Cost of $400,000.00 Per Day $16,666.66/hour Assume Critical Path Cost (75% of Total) $12,500.00/hour Non-Critical Path Cost (25% of Total) $4,166.00/hour Traditional Mud Mixing 6 hours per 1000 bbls mud @ $4,166.00 per hour $24,996.00 28,000 lbs material 28 lbs. / bbl chemicals 560 each 50 lb sacks ~ 11 pallets & shrinks @ $24.00 $264.00 Generates 11½ cubic feet trash to dispose $1,650.00 Requires 2 men at 6 hours / 12 man hours ----- Total $26,910.00 Proline Systems Bulk System w/1 Rack 2¾ hours vs 6 hours 11 Bulk Bags of Product 11 x $5.00 x 30 days $1,650.00 4 Bags per hour = 2 hours 45 min x $4,166.00/hour $11,456.00 1 Man for 2¾ hours ------ No trash to dispose of ------ Total $13,106.00
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