Analysis

Our product price is around Rp169,000,000,000.00 which is too much for packer fluid additives
price because we dont have specified data about similar existing product, the price references
we used , is obtained from the interview with the oil and gas company which use packer fluid
additives for 6000 ft well such as Premier Oil Company, the price information we got is the
packer fluid systems, which cover 6000 ft well and the installment also, so its hard to predict
the price of packer fluid additives / drum . Product price for oil services companies are so
sensitive because they dont want their competitor to know about their price, so that is so hard to
find an information about pricing. Besides, our packer fluid additives concept based on journal
that apply that in the lab scale, so theres no information about the economical aspect for the
concept and after we calculate the economical aspect in the 4th assignment, we got the price is
around Rp169,000,000,000.00 with 25 % IRR which is too high for packer fluid additives price
per drum that is because the price of the raw materials are so expensive, and the most expensive
raw material is amine terminated cyclotriphosphazene which prices SGD 242,5 / 500 mg.