{"id":24556,"date":"2018-06-12T16:34:45","date_gmt":"2018-06-12T22:34:45","guid":{"rendered":"https:\/\/www.boartlongyear.com\/?p=24556"},"modified":"2020-04-14T07:50:29","modified_gmt":"2020-04-14T13:50:29","slug":"ten-considerations-when-purchasing-a-new-drill-rig","status":"publish","type":"post","link":"https:\/\/www.boartlongyear.com\/es\/insite\/ten-considerations-when-purchasing-a-new-drill-rig\/","title":{"rendered":"Diez consideraciones al comprar un nuevo equipo de perforaci\u00f3n"},"content":{"rendered":"
\n\t\t\n\t\t
<\/div><\/div><\/div><\/div>\n\t\t\n\t\t\n\t<\/section>
\n\t\t\n\t\t
<\/div><\/div><\/div><\/div>\n\t\t\n\t\t\n\t<\/section>
\n\t\t\n\t\t
\n

This story was originally published in the Australasian Drilling Magazine<\/a> June\/July 2019 issue on pages 34-35.<\/p>\n<\/div><\/span><\/div><\/div><\/div>\n\t\t\n\t\t\n\t<\/section>

\n\t\t\n\t\t
<\/div><\/div><\/div><\/div>\n\t\t\n\t\t\n\t<\/section>
\n\t\t\n\t\t
<\/div><\/div><\/div><\/div>\n\t\t\n\t\t\n\t<\/section>
\n\t\t\n\t\t
\n

In the mineral exploration drilling business, drill rigs and equipment are critical to winning bids, completing contracts, and making money. Buying a new drill rig is a big decision and many variables and factors affect that decision. The biggest question one has to answer is, \u201cWill this drill rig make money? Or cost more to own than some other option that can accomplish the same for less?\u201d<\/p>\n<\/div><\/div><\/div><\/div>\n\t\t\n\t\t\n\t<\/section>

\n\t\t\n\t\t
\n

During the recent market downturn, many drill rigs had been sitting idle, which made it easier to cannibalize components and parts to keep actively drilling rigs running. Most drillers were repairing the rigs they had to keep them drilling without investing capital in new drill rigs and technology. Now that the market is slowly increasing, many drilling contractors are making decisions on their fleet as to whether they should rebuild the idle rigs or buy new rigs.<\/p>\n

Operations managers know which components (engines, valves, assemblies, etc.) need to be replaced and they typically have a fairly accurate idea of the cost to rebuild idol drill rigs in the fleet. If the rebuilding costs are close to what it would cost to buy a new drill rig, they may choose to do a full-blown audit, inspecting each of the drill rigs, evaluating spare parts in stock, and checking maintenance records for a more accurate comparison of the costs to get a drill rig ready to work again.<\/p>\n<\/div><\/div><\/div><\/div>\n\t\t\n\t\t\n\t<\/section>

\n\t\t\n\t\t

1. Resources<\/span><\/h3>
\n

Besides just costs, other factors include whether the drilling company has the time, talent, and capabilities to do an overhaul on a drill rig that has been idle and needs work. An overhaul can take three to four months and requires the facilities, tooling, a labor pool of mechanics with the time (they may already be working on other rigs to keep them running), and the knowledge to get drill rigs ready to mobilize for drilling contracts.<\/p>\n<\/div>

2. Availability<\/span><\/h3>
\n

With the improving market, everyone can expect longer lead times \u2013 whether you\u2019re rebuilding or buying new. When the market is in a decline or really low, inventory is higher, plants aren\u2019t as busy building new rigs, and lead times are reduced. As the market improves and contracts increase, inventory is lower, plants are busier building more rigs and lead times tend to be increased. Ultimately, lead times vary based on the manufacturer.<\/p>\n<\/div><\/div>

<\/span>
\n\t\t\t<\/canvas>\n\t\t\t\n\t\t<\/a><\/div>
\n

LF™90D surface coring drill<\/a><\/p>\n<\/div><\/div><\/div><\/div>\n\t\t\n\t\t\n\t<\/section>

\n\t\t\n\t\t

3. New Technology<\/span><\/h3>
\n

If you have an older drill rig fleet, buying a new drill rig provides an opportunity to drill more productively for more meters. Newer rigs are generally more productive, provide more reliable uptime, and have a lot more built-in safety features than older rigs. With increased mine site safety requirements, a new rig can meet those new safety requirements where an older rig might not make the grade and cost a drilling contractor a contract award.<\/p>\n<\/div><\/div><\/div><\/div>\n\t\t\n\t\t\n\t<\/section>

\n\t\t\n\t\t

4. Rod handling equipment pays for itself<\/span><\/h3>
\n

Drill rigs with rod handling equipment generally have crews with fewer hand and back injuries, and less overall stress and strain. Mechanized rod handling also saves on labor costs and staffing as an extra crew member is not needed to manually handle rods. Plus, becoming known in the market as the drilling service provider that has updated equipment with rod handling capabilities will likely get you invited to more bids. When rod handling was first introduced, productivity suffered as the machine rod handling was not as fast as manual rod handling. However, with the newer technology, productivity can be maintained.<\/p>\n<\/div><\/div>

<\/span>
\n