Holding steady on the production side...just tightening up the belt a bit on guys being lazy and costing the company money.
Announcement
Collapse
No announcement yet.
Hey Oilfield Guys!!
Collapse
X
-
SHell just made a big cut in personel here in houston. Looks like a goast town around the office. I've been fortunate enough to keep me and my guys above the cut line so far. We have two new rigs in west texas that will spud before the end of august and supposed to get another after the first of the year. Each aditional rig makes me and my guys more valuable so I pretty excited to see the ramp up. It might mean a little job security.
Comment
-
If the oil futures are any guide to real future prices it looks pretty bleak...WTI futures don't even get over $50 until September 2016...
http://www.barchart.com/commodityfut...WTI_Futures/CL
Comment
-
Originally posted by cosmiccowboy View PostIf the oil futures are any guide to real future prices it looks pretty bleak...WTI futures don't even get over $50 until September 2016...
http://www.barchart.com/commodityfut...WTI_Futures/CL
Look at the futures in 2014, everyone knows everything until something changes.
Comment
Comment