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Tuesday, January 19 • 3:00pm - 3:25pm
Determining the Economic Viability of Directional Drilling

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This presentation takes audience members through a step by step method for calculating the cost of operation for a small- to medium-sized directional drill rig. All too often, the use of HDD is baffling to many when it comes to calculating operating costs and determining profitability. There is a simple and straightforward way to figure the operating cost of horizontal directional drills on operating cost per foot. Horizontal directional drills are ultimately production based products and productivity drives both operating cost per foot and gross revenues. Understanding the things that must be considered and then using those factors in an operating cost model can help to ensure that one does not venture into the realm of marginal profits or worse.

Tuesday January 19, 2010 3:00pm - 3:25pm EST
Room 16

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