Bloodhound Rentals
Mudlogging Software Rental
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Bloodhound Rental Support Services, LLC
Copyright 2009 . All rights reserved.
Vertical Logging Software
Horizontal Logging Software
Renting software on a daily basis can be very cost effective. The cyclical nature of Oil and Gas Exploration drives the
need for a business model that allows for better asset utilization; therefore companies need to avoid buying capital
assets just to have those capital assets sit on the shelf. By turning the cost of licensing mudloggnig software into a
pure variable cost from a fixed cost, mudlogging companies are able to improve asset utilization and reduce risk of
asset non-utilization.
On paper isn't it cheaper to pay for an annual subscription or a one time license fee depending on which
mudlogging software you use? It's a bit of a gamble and depends on whether that software license will be utilized
at certain rates. Daily software rental reduces non-utilization risk to zero because you don't pay for the software
unless you are using it, which usually coincides with the days that you are getting paid by your customers. When
buying software, instead of renting it, you won't get major upgrades that provide improved functionality, unless you
either renew your license annually or pay for a complete software upgrade.
Product & Function
- The Horizontal and Vertical Logging software is provided by GRSI and is licensed with a traditional hardware
license key that can be activated over the Internet
- The vertical mudlogging software goes by the product name GEOstrip VCStriplog(TM)
- The horizontal mudlogging software goes by the product name GEOstrip HzStriplog(TM)
Terms & Price
- Rent software for a variable number of days with a minimum of 1 day rental
- $10/day - for vertical GEOstrip VCStriplog
- $10/day - for horizontal GEOstrip HzStriplog
- $12.50/day for both vertical and horizontal versions