Oil Patch pick up

[DrenalinJunkie]

Glad Im not the only one seeing this....
What fields is everyone working? In in the Barnett Shale

I am in service so I am in fields from Brownsville to New Zeland

[TexaswBOWhunter]

We haven't slowed down yet, but I haven't worked in the states in quite a while... Mexico is still jumping and the word is Pemex will be extending our contract here!!!

[tookeymonster]

As low as natural gas is Im suprised to hear you say that.

some of the upswing is due to the fact that leases are running out and they need to be drilled. But they are not all beeing produced they will drill them and cap em.

[Strong Slinger]

I;m one of the causulties of the Nat Gas down turn, so I hope it picks back up so I can get back to work and do what I know

[Kodiakk]

I am in service so I am in fields from Brownsville to New Zeland

What kind of service company do you work for? Mind naming the company?

I'm with Gyrodata.

[sqiggy]

In the last couple of weeks, I have been seeing more welding rigs on the road in the afternoon. Apparently, they are just gettin off work which means they are back to laying pipe around here.

[charlie mcmahan]

I'm in the Barnett and we are working for Chesapeake. Chesapeake is bringing 6 rigs in by the end of next month. Clayton Williams is starting to drill some more wells around College Station and Ft. Stockton.

[JSAPP]

We have stayed wide open due to dropping our prices and laying off at least half of us field hands. We are seeing a little pick up and I wish it was a good sign, but it is just the clients drilling what is required to keep there leases. Our natural gas reserve is almost at max capacity. Until some of the large manufacturing facilities get back on line we are going to see low natural gas prices, and that will keep the work to a minimum. It looks like mid to late 2010 before we get any real upswing.

[DNew]

Wide open is right Justin! No time off for the us.

[HuntinFrk]

there is lots of land being looked out in south texas to lease by oil $$$, really in the last month it is really moving again.

[Hawkins]

Barnett Shale, August has been the worst month I have seen in the last 8 years I have been doing this. March, April, and May were bad too. Then June and July were alright I thought we were going to see a turn around, then here comes August and it is pitiful. But, we are in the production parts wholesale, so if they are just drilling and capping we don't get any kind of sales. I hope things pick up soon, it's getting rediculous.

[SFC Warren]

Is there much new activity in Jack or Eastland county? Sure would like to get some $$$ for mineral rights.

[landon pharr]

I work in a supply store in cleburne and it has picked up a little the last month and it is going up but not at the speed everyone was thinking I hear from everybody in the oilfield saying differnt times of the year but I know it is geting a little better each month

[Muddy Bud]

I quit working on land about three months ago due to eratic work schedule or lack there of. I pushed tools for about a year and a half then got bumped back to drilling and continued to take regular pay cuts since slow down. So I quit land and left for a overseas drilling position and went back offshore. They made it sound like it was booming and I would be utilized right away. Well it's been three months and I have yet to see a heliport. Still sitting on my *** at home. On the bright side I am still getting paid and have got a lot done but if I dont get to work soon I think me and my old lady are going to get divorced, she drives me nuts.

[kyle1974]

rig count is up almost 100 rigs from the low (north america)... so maybe we've seen the bottom. The main issues right now (mentioned above) is a huge supply, as well as this pending cap and trade bill. Wait and see what happens if congress passes this bill. IF you have a chance to go to a ralley, sign a petition... do what you need to do. This will be catastrophic if it passes.

I don't think we will see the rig level again like it was it north america unless something major happens.. this crash was in part a market correction due to reduced drilling days per well, as well as the political environment we're in now.