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O&G baws...Things looking up for y'all?

Posted on 1/19/17 at 4:18 pm
Posted by tke857
Member since Jan 2012
12195 posts
Posted on 1/19/17 at 4:18 pm
Gas at places like racetrack hitting 2.15 truck nuts making a comeback?
Posted by tigerinthebueche
Member since Oct 2010
36791 posts
Posted on 1/19/17 at 4:22 pm to
In point of fact, things are looking up. Rigs are starting to move out of storage, manufactures of OCTG, line pipe, valves, fittings, etc. have backorders and long lead times because of increased demand. Its definitely better than it was the last 3 years.


Oh and the truck nuts thing is soo old. Time to put that one out to pasture.
Posted by ForeverLSU02
Albany
Member since Jun 2007
52148 posts
Posted on 1/19/17 at 4:30 pm to
I've been told that permitting has increased a good bit in S. LA. but we haven't seen the effects yet on our side. A few buddies of mine on the drilling side also said that things are picking up.
Posted by bawbarn
Member since Jul 2012
3695 posts
Posted on 1/19/17 at 4:30 pm to
Probably not for long. OPEC is finally looking to cut production, oil price goes up, United States ramps up output, price drops.
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
59673 posts
Posted on 1/19/17 at 4:34 pm to
wait until this pipe dream dies and they raise the road tax on each gallon


LINK
Posted by The Egg
Houston, TX
Member since Dec 2004
79144 posts
Posted on 1/19/17 at 4:38 pm to
for the sake of the louisiana economies, i hope it gets better and better.
Posted by Count Chocula
Tier 5 and proud
Member since Feb 2009
63908 posts
Posted on 1/19/17 at 4:39 pm to
Yeah, cause the housing market in Laffy is in a total depression.
Posted by JudgeHolden
Gila River
Member since Jan 2008
18566 posts
Posted on 1/19/17 at 4:42 pm to
In places.
Posted by S
RIP Wayde
Member since Jan 2007
155689 posts
Posted on 1/19/17 at 4:44 pm to
You wanna fight junior?
Posted by tke857
Member since Jan 2012
12195 posts
Posted on 1/19/17 at 4:44 pm to
quote:

tigerinthebueche


glad to hear things are picking up. but sorry baw....it will never get old.
Posted by Count Chocula
Tier 5 and proud
Member since Feb 2009
63908 posts
Posted on 1/19/17 at 4:46 pm to
Sure, but who's junior?
Posted by Honky Lips
Member since Dec 2015
2828 posts
Posted on 1/19/17 at 4:51 pm to
I'm seeing an obvious pickup with land work. Offshore, not so much. Supply boats still stacked on top each other in terrebonne and lafourche.
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 1/19/17 at 4:51 pm to
Things are starting to look a little better. My company isn't going bankrupt at current prices. We don't have plans to lay off any more people. Bonuses are supposed to be at or slightly above target. Possibly even a few raises this year (fingers crossed).

It just means we are on the right side of the bottom. Definitely not booming by any means. The only place people are really blowing and going is in the Permian in West Texas.
This post was edited on 1/19/17 at 4:52 pm
Posted by tke857
Member since Jan 2012
12195 posts
Posted on 1/19/17 at 4:55 pm to
quote:

It just means we are on the right side of the bottom. Definitely not booming by any means. The only place people are really blowing and going is in the Permian in West Texas.


WTI....them boys always making money
Posted by wickowick
Head of Island
Member since Dec 2006
45814 posts
Posted on 1/19/17 at 5:09 pm to
Things will get better when the world economy gets better or pull out of the Middle East and let them natives fight it out...
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