I can't help but be astounded by the inflation in rig pricing... 1997 - $396,000 2004 - $484,000 2012 - $751,000
Only an $88,000 increase over 7 years, then a $267,000 increase over 8. Maybe I'm just getting old, but at this rate none of us will be able to afford rigs. I know that specs and such can play a part in the overall cost of the various rigs, but I'd like to think they're somewhat comparable.
Edit: Just read the comments on the tower ladder thread regarding costs... didn't mean to rehash.
Only an $88,000 increase over 7 years, then a $267,000 increase over 8. Maybe I'm just getting old, but at this rate none of us will be able to afford rigs. I know that specs and such can play a part in the overall cost of the various rigs, but I'd like to think they're somewhat comparable.
Edit: Just read the comments on the tower ladder thread regarding costs... didn't mean to rehash.
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