Originally posted by doublearrow
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Oilfield guys... y’all hangin in there?
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Originally posted by Kevin View PostMy Dad just got laid off in the Permian area. Im praying he gets out of O&G and moves to something stable. I don't see how you guys deal with this stuff.
After college my dad begged me not to work for Halliburton, so I went to the manufacturing side for downhole tools for a privately owned company in 2014.
I always wanted to work in the oilfield like my dad did, and now that I’m part of it, I do wish I would have had a different mindset growing up!
All things equal, when it’s good I don’t know if there’s a better industry to be in. Folks are for the most part my type of people (hunting, fishing, golf) and there’s money to be made (and saved)
But when it’s bad... well you know the rest.
Maybe we are all just gluttons for punishment? Lol
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Originally posted by miket View PostSomehow I have had a big bump the last 5 weeks ( machine shop ) and taking all I can get. Been working 7 days/week hoping to save some cash. Hearing from multiple sources last qtr will be slow.
Glad you got the 3rd qtr bump! I’m convinced 4th qtr is going to be slow but so far my customers keep sending PO’s and one old customer came back this week so I’m hopeful.
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We just finished the first well on a new project for a new operator. 19 day well when they previously averaged 47 days per well. We have a lot of room to improve on 19 days, but the CEO made a rig visit and was very pleased. He said this rig has guaranteed work until Dec 2020 and they’re picking up 3 more rigs. Things can go south in a hurry but for the foreseeable future we’ee doing alright.
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