What to Include in a Drill Rig Rental Agreement

A clear agreement avoids disputes in the middle of a drilling campaign. Whoever you rent from, these are the points worth agreeing in writing.

1. The equipment

The exact rig model and configuration: mounting, prime mover, compressor, rods and any attachments. For example, the PRD OZ RC can be crawler- or truck-mounted with different prime mover and compressor combinations.

2. Duration and timing

Start date, minimum period, how extensions are handled, and what happens if the programme ends early.

3. How the rental is charged

Whether charges are by day, month or metre, and what is included in that rate.

4. Mobilisation and demobilisation

Who arranges and pays for transport to and from site, and from which point.

5. Standby

How time on site without drilling is treated: waiting on access, permits, weather or client decisions.

6. Operators and crew

Whether the rig is rented with or without an operator and crew, and who is responsible for them.

7. Consumables

Bits, hammers, rods and other wear parts: who supplies them and how they are charged.

8. Maintenance and breakdowns

Routine servicing, who carries out repairs, spare parts, and how downtime is handled.

9. Fuel, water and site services

Who supplies fuel for the rig and compressor, water, and site access and pads.

10. Safety, insurance and damage

Site safety rules, insurance responsibilities, and how damage or loss is handled.

11. Reporting

Daily records of metres drilled, hours and issues.

Start with a clear quote

Every one of these points can be set out in the quote. Send your project details with the form below and we'll propose terms with the rig, configuration and pricing. See also what decides the rental price.