Hey Oilfield Guys!!

[Grumpy1911]

Dang!

[Fightinaggies]

I miss drilling those.. These West tx wells are at a snails pace compared to eagleford wells.


On a side note couple days ago we were told 6 more wells and today it's said this current one could be our last one. More time with my girls will be worth a little less cash though.

You know how that goes, its all rumors until it happens.

We have laid off over 120 of our guys and taken a 10% cut across the board. I see it getting worse before it gets better and I doubt this is the last of the layoffs or cuts

[bphillips]

You know how that goes, its all rumors until it happens

Defintely. I just go till they say don't come back haha. At least being DD I can still get rotated in here and there.

[Artos]

Saudi Prince Says "$100/Barrel Oil Never Again" - Admits Price Manipulation

https://www.youtube.com/watch?feature=youtu.be&v=WSmhtl-oyI8&app=desktop

[miket]

Yep

http://www.usatoday.com/story/money/columnist/bartiromo/2015/01/11/bartiromo-saudi-prince-alwaleed-oil-100-barrel/21484911/

[kyle1974]

Must be because we're such good friends with Saudi. And they're really generous.....

[bphillips]

Saudi Prince Says "$100/Barrel Oil Never Again" - Admits Price Manipulation

https://www.youtube.com/watch?featur...I8&app=desktop

Good that's too dang high for everyone... It kills lots of consumers and small businesses and makes our oil jobs more volatile. When it gets real high prices follow and a crash is certain. Give me $70-$80 and stay there

[JTeLarkin08]

Good that's too dang high for everyone... It kills lots of consumers and small businesses and makes our oil jobs more volatile. When it gets real high prices follow and a crash is certain. Give me $70-$80 and stay there

This!!!

[panhandlehunter]

Mattress Mack is making a furniture deal again. Might not bode well for the price of oil, he always loses.

http://m.chron.com/houston/article/New-Mattress-Mack-challenge-might-singlehandedly-6006419.php

[fowlwaters]

I go in the morning to sign a offer letter and take a physical for NOV and reading this make me nervous.

[bphillips]

I go in the morning to sign a offer letter and take a physical for NOV and reading this make me nervous.

What you gonna do for them? NOV does a lot of different things

[fowlwaters]

Maintenance on drilling rigs

[bphillips]

Maintenance on drilling rigs

May be plenty of them in the yard to work on soon. I'm on an NOV rig now so hopefully at least a few stay running

[Artos]

Good that's too dang high for everyone... It kills lots of consumers and small businesses and makes our oil jobs more volatile. When it gets real high prices follow and a crash is certain. Give me $70-$80 and stay there

Not how I took it IMO...basically they are going along with opec to hurt US / Russia. The $100/bbl max comment is meaningless.

[bphillips]

Not how I took it IMO...basically they are going along with opec to hurt US / Russia. The $100/bbl max comment is meaningless.

That's just his opinion on what he thinks will happen though he doesn't make the decisions.