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Started By
Message
re: Oilfield Folk - Torque & Test Question
Posted on 6/21/17 at 8:04 pm to puse01
Posted on 6/21/17 at 8:04 pm to puse01
I know Yellowjacket Oilfield is shutting the majority of their ops down, I'm gonna get on the horn with them tomorrow and see how cheap I can buy.
This post was edited on 6/21/17 at 8:05 pm
1
Posted on 6/21/17 at 8:04 pm to Corkfather
Definitely. I'd expand your search to west Texas. Frac supposed to be slowing down over there so there may be more incentive to keep some equipment working that may be excess to the demand.
Posted on 6/21/17 at 8:05 pm to fiyahbyrd157
I was just working in WTX, it's blowing up bigger than STX.
Posted on 6/21/17 at 8:06 pm to Corkfather
I really need one out of like Virginia, Ohio or Pennsylvania but it'll never get here in time.
This post was edited on 6/21/17 at 8:07 pm
Posted on 6/21/17 at 8:11 pm to Corkfather
Posted on 6/21/17 at 8:12 pm to puse01
quote:
Hand pump baw
Do they pay those hands like $80/hour and a blowjob as a daily per diem? Hand pumping 10,000 psi? frick that noise.
Posted on 6/21/17 at 8:12 pm to Corkfather
Not for long. Frac prices are getting out of control. Drilling is still going because of contracts. A report I got this week showed that over 150 DUCs were getting added to the count monthly. Additionally to that, oil forecasts aren't showing anything over 50 for the rest of the year, with one investment bank thinking it could be 30 at some point. Private Equity money will soon dry up and activity will slow. It may not be this week or month, but the rest of the year could be a downtrend. Hopefully that's wrong, but indications are it will happen.
Posted on 6/21/17 at 8:13 pm to yellowfin
quote:
yellowfin
One of my first calls. They're not letting a unit out unless they run it.
Posted on 6/21/17 at 8:15 pm to Corkfather
That's what I figured but worth a shot. Good people
Posted on 6/21/17 at 8:18 pm to fiyahbyrd157
quote:
Not for long. Frac prices are getting out of control. Drilling is still going because of contracts. A report I got this week showed that over 150 DUCs were getting added to the count monthly. Additionally to that, oil forecasts aren't showing anything over 50 for the rest of the year, with one investment bank thinking it could be 30 at some point. Private Equity money will soon dry up and activity will slow. It may not be this week or month, but the rest of the year could be a downtrend. Hopefully that's wrong, but indications are it will happen.
How are frac prices getting higher?
Fuel is down, propoant is down, labor is down, companies are competing like crazy.
I think the operators are doing it to themselves with 5-6 well pads, 60 stage fracs, etc.
Posted on 6/21/17 at 8:20 pm to yellowfin
quote:
That's what I figured but worth a shot. Good people
They used to run chokes and flowback on pretty much all the coil jobs I used to run for EOG, top notch group for sure. I'm actually going to be in the Lafayette area Friday dropping off resumes and I plan on passing by their shop; I've always admired their work.
I'd recommend subbing the work to them, then they'd wind up with the work lol.
This post was edited on 6/21/17 at 8:21 pm
Posted on 6/21/17 at 8:25 pm to Corkfather
If you apply for a job with them put me as a reference
Posted on 6/21/17 at 8:28 pm to yellowfin
It's been so long since I've known your real name lol, that must've been late 2012 man.
Shoot me an email...
< @gmail
Shoot me an email...
< @gmail
Posted on 6/21/17 at 8:28 pm to Corkfather
Spot prices for Frac horsepower are double or triple what they were 6 months ago. Contract prices are 50 to100% higher. I agree that pumping 60 stages are increasing well costs, and the production may not follow. Regardless, when budgets were made the increases were not incorporated in them. Companies are competing with a much higher baseline than 6 months ago. When horsepower goes from12K per stage to 24K, and sand goes from 4 cents/lb landed to 8, it doesn't take long at 42 dollar oil for activity to slow. Those two items account for over 50% of the cost of a Frac job, so if your Frac that you budgeted went from 2mm dollars to 2.5-3mm it hurts.
Posted on 6/21/17 at 8:29 pm to Corkfather
Anyone else you recommend applying to? I'm really wanting to get offshore, this onshore no rotation, nonstop travel and no notice is killing me.
Posted on 6/21/17 at 8:31 pm to yellowfin
quote:
If you apply for a job with them put me as a reference
I applied with them about 2 months ago with a pretty good reference and didnt hear back.
Posted on 6/21/17 at 8:31 pm to fiyahbyrd157
Damn man, you're right on. I'm a field guy so I only know what I see and hear from company men and other operators, you definitely seem to know the office side of it though.
Posted on 6/21/17 at 8:32 pm to saintsfan1977
Which location?
Posted on 6/21/17 at 8:34 pm to Corkfather
quote:
I really need one out of like Virginia, Ohio or Pennsylvania but it'll never get here in time.
You get one of them ol' mountain baws an F-350 and a bottle a whiskey and he'll have it there Friday morning.
Posted on 6/21/17 at 8:36 pm to Corkfather
quote:
Which location?
Jennings
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