[QUOTE=alcor;37217]When our BOP doesn’t pass tests we pull it and fix it. Zero day rate. I can’t comment on others. What I would say is that the Operator should bear the expense if they witnessed all tests at surface, and a reasonable amount of usage on bottom has transpired. Therefore, if it’s been good for three months without failure, then the contractor should stay on full day rate if the BOP has to be pulled. This would be the ideal world. Contracts are different.[/QUOTE]
I agree that whose ever fault it is for an unusual rig down time should pay, but you are saying that normal wear and tear maintenance isn’t figured into the day rate of the drilling contractor?