Mar. 10 at 1:19 AM
$SFL
I took a closer look and have revised the numbers as follows:
Active drilling for a 6th-generation semi-submersible in a harsh environment involves a 100+ person crew, complex logistics, and high-spec maintenance.
*Drilling
$OPEX (Estimated):
$150,000 –
$180,000 per day.
*Crew & Catering: ~
$60K –
$70K (24/7 specialized labor).
*Maintenance & Spares: ~
$30K –
$40K (Harsh-environment wear and tear).
*Shore-base & Logistics: ~
$30K (Canada-specific support).
*Odfjell Management Fee: ~
$20K –
$30K (
$SFL pays Odfjell to operate the rig).
Using the more realistic
$170,000/day
$OPEX for active drilling I still get a total boost for
$SFL of 16 cents per share per quarter.