quote:
If companies do pay less in lafayette, it's because there is more demand to live there than the jobs available. I.e. There are tons of Cajun people who had to move to houston and would like a job back home.

They pay less in Laffy because the jobs are lesser jobs. If you want to make a career out of O&G, if you have any executive aspirations or want to some day start your own outfit you pretty much will have to spend time and develop a network of contacts in htown. It is the heart of the business, it's where the money or money connections reside.

2 ...

Report Post

Posted by 90proofprofessional

Member since Mar 2004

24445 posts

Posted on 3/21/14 at 9:10 am to cwill

Saw this and it piqued my interest:
PennTex Midstream Partners, LLC launches with the signing of transactions in the Permian and North Louisiana

Pardon my lack of understanding of scale with this stuff, but how big a deal is this in north LA? There isn't much like this (meaning the processing facility in particular) there, right? And how big a deal is whatever pipeline or other infrastructure they'll likely be using?

quote:
On March 17, 2014, PennTex closed the formation of PennTex North Louisiana, LLC ("PennTex NLA"). PennTex NLA is a strategic joint venture between PennTex and producers in North Louisiana. The joint venture establishes an area of mutual interest among the parties in North Louisiana for the development of midstream infrastructure to support growing production from its partners and other producers in the area. The initial phase of growth consists of the construction of a 200 MMcf/d cryogenic processing plant and associated natural gas residue and natural gas liquids pipelines. PennTex NLA expects this initial system to be in commercial operations in the first quarter of 2015. PennTex is in discussions with producers regarding additional expansions to its facilities as well as additional midstream services to support regional producers.

ETA: also dug this up direct from the company, sounds like it says the same stuff

This post was edited on 3/21/14 at 9:12 am

1 ...

Report Post

Posted by TheIndulger

Member since Sep 2011

19239 posts

Posted on 3/21/14 at 9:36 am to cwill

quote:
They pay less in Laffy because the jobs are lesser jobs

A geologist or engineer for an oil company in houston and lafayette have the same responsibility. If you consider a job "lesser" because of less opportunity to move into an executive position or start your own company, then maybe, but I don't see it that way.

1 ...

Report Post

Money Talk - Replies to Post

Return To Board

Page 1

Return To Board