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ODP Final Technical Report - Ocean Drilling Program - Texas A&M ...

ODP Final Technical Report - Ocean Drilling Program - Texas A&M ...

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<strong>ODP</strong> <strong>Final</strong> <strong>Technical</strong> <strong>Report</strong>of the full range of <strong>ODP</strong> services. Annual andtriannual audits of JOI’s financial records forcompliance with U.S. Office of Managementand Budget (OMB) Circular 133 identifiedonly 0.0003% in disallowed costs over thepast 5 years. Audits of <strong>ODP</strong>-LDEO identifiedno disallowed costs since 1989, and auditsof <strong>ODP</strong>-TAMU disallowed only 0.0008% ofexpenditures to date.Economic ContextDuring the last 10 operating years of <strong>ODP</strong>,operating day rate costs increased 30% and theaverage price of fuel per metric ton increasedmore than 50%; however, during the last 860,000JOIDES Resolution Operating Day RateJanuary 1985 to October 200355,000Day rate ($)50,00045,00040,00035,00030,000600<strong>ODP</strong> Fuel Prices, 1990–2003550500450400350300250200150100Jun 90Sep 90Dec 90Mar 91Jun 91Sep 91Dec 91Mar 92Jun 92Sep 92Dec 92Mar 93Jun 93Sep 93Dec 93Mar 94Jun 94Sep 94Dec 94Mar 95Jun 95Sep 95Dec 95Mar 96Jun 96Sep 96Dec 96Mar 97Jun 97Sep 97Dec 97Mar 98Jun 98Sep 98Dec 98Mar 99Jun 99Sep 99Dec 99Mar 00Jun 00Sep 00Dec 00Mar 01Jun 01Sep 01Dec 01Mar 02Jun 02Sep 02Dec 02Mar 03Jun 03Sep 03Jan 85Jul 85Jan 86Jul 86Jan 87Jul 87Jan 88Jul 88Jan 89Jul 89Jan 90Jul 90Jan 91Jul 91Jan 92Jul 92Jan 93Jul 93Jan 94Jul 94Jan 95Jul 95Jan 96Jul 96Jan 97Jul 97Jan 98Jul 98Jan 99Jul 99Jan 00Jul 00Jan 01Jul 01Jan 02Jul 02Jan 03Jul 03Price per metric ton ($)28

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