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re: I heard layoffs happened at Schlumberger today
Posted on 1/14/15 at 10:20 am to tgrbaitn08
Posted on 1/14/15 at 10:20 am to tgrbaitn08
Still going pretty strong in NWLA
BHP just cut 1 Nabors rig, but Wildhorse near Ruston has picked up 2 new Nabors rigs with plans for 12 total drilling by the end of the year.
Hedged oil and dry gas are keeping it alive up here at the moment.
On the flip side, even though it is going strong, the operators are still looking for day rate cuts, which in turn leads the drilling contractor to ask me for a price reduction.
BHP just cut 1 Nabors rig, but Wildhorse near Ruston has picked up 2 new Nabors rigs with plans for 12 total drilling by the end of the year.
Hedged oil and dry gas are keeping it alive up here at the moment.
On the flip side, even though it is going strong, the operators are still looking for day rate cuts, which in turn leads the drilling contractor to ask me for a price reduction.
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