How this estimate works
Downtime cost isn't the consultant's day rate — it's the spread rate, the fully loaded daily cost of the rig and everything attached to it, that keeps running whether or not the right hand is on location. This tool multiplies your spread by the days open and an exposure share that reflects lost decision quality, avoidable trips, and non-productive time, then adds an emergency-hire premium. It's a directional estimate, not a quote. Learn more in rig day rates and the spread rate definition.