Originally posted by JMalin
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Hey Oilfield Guys!!
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Yep all these guys living redneck rich are going to
be crying in there beer. I mean did everyone need a 40k to 60k truck just to drive to work lol!!Last edited by sharkhunter; 11-30-2014, 07:38 PM.
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Originally posted by asttbe View PostI think this is what you might have said. Iron Clad guaranteed 24-48 months.
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Originally posted by RLB View PostYes...the contracts are guaranteed.....not the work. The sad part is, every time a rig goes down, 15 guys go home. And the holidays is not a good time to be going home. That's why I work extra hard to try and move rigs and sell directional work.....lot of people depending on us salesmen.
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Originally posted by sharkhunter View PostYep all these guys living redneck rich are going to
be crying in there beer. I mean did everyone need a 40k to 60k truck just to drive to work lol!!
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Originally posted by JMalin View PostFalling prices are exactly what we need in order to fuel real economic growth.Last edited by Aggie_bowtech; 11-30-2014, 07:45 PM.
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Originally posted by RLB View PostYes...the contracts are guaranteed.....not the work. The sad part is, every time a rig goes down, 15 guys go home. And the holidays is not a good time to be going home. That's why I work extra hard to try and move rigs and sell directional work.....lot of people depending on us salesmen.
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Originally posted by RLB View PostHopefully they were smart enough to put a little back. I'm scared to death of this kind of thing, that's why I paid off everything I own except the house and the wife's SUV. I bought the kids college tuition back a few years ago, which probably will still cost an arm and a leg. Dave Ramsey taught me, after the first time I messed up, to live well inside our means and that's what we try to do.
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Hey Oilfield Guys!!
It has a lot bigger impact than 15 guys on the rig. Lost work for every service that's required to put a hole in the ground. From engineering, casing suppliers, mud, downhole tools, inspection, fuel companies, directional, cementing, completions, fracking, R.O.W. Service, pipeline, meter skid, etc.
1 rig isn't too bad. You start losing 30-40% of the rig fleet and it hits the fan.
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Originally posted by Aggie_bowtech View PostI'm not in the oil field (not that it matters) but I do understand economics. I was just reading the comments and had to respond. You could learn from these people responding to you countless times.
You will never get him to learn or understand. He gets on CNN then jumbles up what he reads then comments on every thread just to get a rise. Just a troll.
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