Fist(noun) the hand with the fingers doubled into the palm; the closed hand, especially as clinched tightly for the purpose of striking a blow. Fist(noun) the talons of a bird of prey. Fist(noun) the index mark [/], used to direct special attention to the passage which follows. Fist(verb) to strike with the fist.
A good used workover rig (single) including rig tank, rig pump, doghouse, and rig tongs can be had for around $1 Million. A good new work over rig (single) including all the aforementioned stuff is ~$3 Million. I don't know how much more a double or triple would be, but I'm guessing in that same ballpark. A new drilling rig is in the $10 Million range, although you can get used ones for far cheaper.
Transocean has the largest fleet of UDW rigs in the world. A total of 30.55 UDW rigs are effectively owned by the company with an average rig age of 9.2 years. Whenever anyone brings up Transocean fleet's old age direct them to this article and to this particular point. 10) What is the cost of cold/warm stacking rigs. As mentioned above, Transocean will have 24 rigs rolling off contract in addition to currently 14 idle/cold stacked rigs. The cost of cold stacking non-DP (dynamically positioned) floater is approximately $10-12k/day.