[ EITRI ENERGY · WELLSITE · RIG ]

RIG RATE COURT

What it's designed to do: Classifies every second of a rig day under the drilling contract's own rulebook, and prices it, so operator and driller read the same record.

[ STATUS ]

Classifier and pricing proven. The service and app are not built yet.

[ THE PROBLEM IN THE FIELD ] internal · product spec

On a daywork contract the operator pays the drilling contractor by the day, but the contract carries several day rates. Which one applies depends on why the rig was doing what it did: working, waiting on the operator, down for repairs, or stopped by force majeure. The toolpusher and the company man each keep their own account of the day, and the invoice inherits every disagreement.

What it's designed to do.

internal · product spec and gate record

  • The engine reads the tour log against the contract's own rules.
  • Tested on 240 generated days, the engine puts every second of the rig day in a category, then prices it.
  • On the frozen test day, the engine refuses the hour that no rule covers.
  • Designed to keep the amount private to the parties on the contract.
  • The service around the classifier is not built yet.

[ WHO IT'S DESIGNED FOR ] by role · internal · product spec

[ WHAT'S PROVEN ] internal · gate record

An independent second implementation agreed on 240 of 240 test days, for classification and for price.

[ HONEST STATUS ]

Classifier and pricing proven. The service and app are not built yet.

[ SCREENS ]

No screens are published for RIG RATE COURT on this site.

Next product

[ NEXT ]DEMURRAGE COURTWhat it's designed to do: Audits railroad demurrage invoices car by car against your own records, and shows exactly where they disagree.