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re: I heard layoffs happened at Schlumberger today

Posted on 1/14/15 at 10:01 am to
Posted by Prominentwon
LSU, McNeese St. Fan
Member since Jan 2005
93785 posts
Posted on 1/14/15 at 10:01 am to
quote:

Nabors layed off all non-essential employees

Weatherford layed off a couple thousand

Patterson bumped a bunch of people back

H&P is stacking 60 rigs

On and on and on

Most people in O&G in our working generation have never seen a "bust" (myself included)

This is a great wake up call to save money


All the while Sasol is still moving forward in Lake Charles and $30B already on the books and earmarked.

In some areas, it's hard while others keep.moving forward. There's no way prices don't swing back up. If I had 50 grand laying around, I'd be buying stock like crazy.
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 1/14/15 at 10:07 am to
quote:

International offshore rig count for December 2014 was 338, down 3 from the 341 counted in November 2014, and up 32 from the 306 counted in December 2013.

The average U.S. offshore rig count for December 2014 was 59, up six from the 53 that were counted in November 2014 and down two from the 61 counted in December 2013.


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