Revenue ton mile is an important determinant of profitability in the freight business. Drilling numericals rig components, ton miles, circulation, mud pump, drillstring data, bha selection, kick and kill calculations, maasplot, directional well profiles, cementing. It accounts for the revenue brought in for the movement of one ton of goods over the distance of one mile. Owneroperators lease enter into contract to a larger firm and current cost estimates may be beneficial to both parties in negotiating the agreement. Revenue ton miles is a unit that is used by transportation companies, for determining the total amount of freight which is shipped by them. Multiply 1,000 miles times 20 tons, which gives us a total of 20,000 tonmiles. How to calculate cost per mile for your trucking company. Ton miles calculator user manual page 7 selecting shows the ton miles comments dialog box. You can calculate your companys tonmiles as follows. If no wickers show up you could try a lower percentage but the rule is watch the line.
Do not estimate ton miles by simply multiplying total miles by total tons this calculation effectively assumes your entire tonnage is transported on each and every truck, railcar, aircraft, or barge, and will. Calculates all the possible senarios for calculating the total ton miles during a drilling, coring, or casing operation. Knowing your companys operating expenses on a permile basis gives you the information needed to be profitable. Greenhouse gas emissions from freight trucks international emissions inventory conference may 16, 2007 john davies u. Tons can be abbreviated as t, for example 1 ton can be written as 1 t.
The latest version of the ton miles calculator now includes calculated ton miles for drag though horizontal wells also ton miles for short trips. Powered by schlumberger oilfield glossary, a ed work of schlumberger. Formulas and calculations 6 convert pressure, psi, into mud weight, ppg using meters as the unit of measure mud weight, ppg pressure, psi. Revenue ton miles are used to determine the total amount of freight that is shipped by a. Motor carriers either did not consistently report the tonmile data, year after year, or calculated the tonmile denominator incorrectly, greatly exaggerating the tons carried and miles traveled, thus producing an invalid measure of cost per unit of output. Tonmiles for setting casing can be determined from the following formula. Pricing freight transport to account for external costs. Round trip ton miles calculation by drillingformulas. After selecting the appropriate ton mile comment, select.
Cost per mile also allows you to determine an appropriate permile rate to charge shippers. Over hundred of oilfield drilling formulas which will help you while working at worksite. Similar calculation for various carriers was presented figure 1. A revenue ton mile is an important metric in the transport industry that. Ton mile demand for crude shipments out of the arabian gulf is down. A ton is sometimes also referred to as a short ton. Importing a piece of furniture that weighs 100 lbs. If your cost per mile seems high, one solution is to take on more work. A select units message box is shown, indicating that the units to be used should be selected. A single ton of goods that is transported for one mile. Mar 24, 2015 using the formula from above, ill walk through a simple emissions calculation example for a truck that travels 1,000 miles with 20 short tons of cargo a short ton is 2,000 lbs. Ton miles calculator for ios free download and software.
Round trip tonmiles calculation drilling formulas and drilling. Domestic mode millions of tons billions of 2015 usd. The units of transportation measurement describes the unit of measurement used to measure the quantity and traffic of transportation used in. Calculated by multiplying the cargo load in tons by the miles per gallon example. The short ton should not be confused with the long ton, which is used mostly in the united kingdom, or the metric ton which is used in most other countries. Ton mile definition, a unit of freight transportation measurement equivalent to a ton of freight transported one mile.
What does it tell us about the market for tankers and bulkers. Formulas and calculations for drilling operations g. Truck costing model for transportation managers mpc03152. One ton mile is the equivalent of shipping one gallon of milk about 225 miles. Tonmile calculation correctly calculating tonmiles is critically important for the accurate determination of your carbon footprint. The program is designed with many safety factor options plus drilling line cost per foot analysis.
If this number is not reasonable, please check your calculations. Nov 05, 2014 access rights manager can enable it and security admins to quickly analyze user authorizations and access permissions to systems, data, and files, and help them protect their organizations from the potential risks of data loss and data breaches. How to calculate tonmile costs 15th october 1954 the. Drilling ton mile calculator free download as excel spreadsheet. The ranges of costs in table 1 are therefore estimates based on average costs per ton mile. A true turnpike pays all of its expenses using revenues based upon each users access and use. Guidelines for measuring and managing co emission from. In this dialog box, all data for the ton miles calculations are entered and the units to be used api or metric are selected. The calculation of tonmiles considers the following steps. Determine the tonmiles hauled per year attributable to each carrier. For the setting casing operation, the tonmiles calculation of this. Pdf drilling ton mile calculator free download pdf. Input the data in the cells below and click calculate to calculate the ton miles calculation with our drilling formula online. You can calculate your business units tonmiles as follows.
Scrivener publishing 3 winter street, suite 3 salem, ma 01970. The tonmile metric is frequently employed as a measure of demand in both. Do not estimate ton miles by simply multiplying total miles by total tons this calculation effectively assumes your entire tonnage is transported on each and every shipment, and will clearly overstate your ton miles. Tonmiles definition of tonmiles by the free dictionary.
Railroad cost program surface transportation board. It is a single ton of goods, which is transported for one mile. Com on march 2, 2010 all types of ton mile service should be calculated and recorded in order to obtain a true picture of the total service received from the rotary drilling line. Guidelines for measuring and managing co 2 emission from freight transport operations issue 1 march 2011 issue 2 n ovember 2010 issue 1 march 2011. Ton miles calculator user manual page 6 after entering the data, select on the input dialog box ref. Tonmile definition of tonmile by the free dictionary. To calculate revenue per ton mile, divide revenue r by the product of the weight in tons t and the distance in miles m traveled. The concept conforms to adam smiths observation from his book the wealth of nations book v, chapter 1, part iii, article 1. On average, the costs in table 1 add up to about 20 percent of the average price per ton mile to ship by. Revenue ton miles are used to determine the total amount of freight that is shipped by a transportation company. The epa calculated ingrams grams ton mile based on our statistics, and that number is multiplied by tons in the barge and miles traveled and converted to tons to figure out our tons of co2. In interpreting this table, it is important to keep in mind that most goods rely on multiple freight modes throughout the supply chain. A unit of freight transportation equivalent to a ton of freight moved one mile. Determine the ton miles hauled per year attributable to each carrier.
Empty miles are not included in the ton mile calculation, but the fuel used to. Formulas calculations for drilling, production workover. Drilling tonmile is the work of drilling line that is commonly measured as the cumulative of the load lifted in. Tonmiles for setting casing drilling formulas and drilling. May 02, 2015 input the data in the cells below and click calculate to calculate the ton miles calculation with our drilling formula online. For equipment with a per mile rate, the calculation is as follows. The origin and consistency of the tonmile metric in the. These calculations are contained in report lines 212 through. Drilling ton mile calculator casing borehole ton scribd. For this time, i will show how to calculate round trip tonmile. Figure 7 the units to be used are selected using dropdown menu.
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