Description

Table of Contents

1. FOREWORD
2. BACKGROUND
3. OVERVIEW OF CHARGEABILITY
4. LONG-TERM RIG CONTRACTS
5. CONSTRUCTION OVERSIGHT
6. RIG MODIFICATIONS
7. COMMISSIONING/INSPECTIONS
8. MOBILIZATION
9. LOAD-OUT
10. DEAD TIME
11. SUSPENDED OPERATIONS
12. MAJOR MAINTENANCE
13. RIG REPAIRS
14. RIG MOVES
15. PROGRAM MOVES
16. DEMOBILIZATION
17. INTERVENTION UNITS
18. SUB-LEASING & RIG SHARING
19. ADJUSTMENTS
20. RIG CONTRACT EXTENSIONS
21. RIG CONTRACT CANCELLATIONS
22. ALLOCATION OPTIONS AND CONSIDERATIONS
23. CONCLUSION
24. GLOSSARY
25. EXHIBIT A – CHARGEABILITY OF RIG-RELATED COSTS MATRIX
26. EXHIBIT B – FLOWCHART OF RIG-RELATED COSTS
27. APPENDIX A – OPERATING AGREEMENT – RESPONSIBILITIES OF OPERATOR
28. APPENDIX B – ACCOUNTING PROCEDURES – LABOR
29. APPENDIX C – ACCOUNTING PROCEDURES – CONTRACT SERVICES
30. APPENDIX D – ACCTG PROCEDURES – EQUIP. AND FAC. FURNISHED BY OPERATOR
31. APPENDIX E – ACCOUNTING PROCEDURES – AFFILIATES
32. APPENDIX F – ACCOUNTING PROCEDURES – TRANSPORTATION