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re: I heard layoffs happened at Schlumberger today

Posted on 1/13/15 at 6:28 pm to
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 1/13/15 at 6:28 pm to
quote:

Message Posted by yellowfin Everyone is getting beat up on price


Day rates are starting to drop anywhere from $300-$900/day. That's huge.
This post was edited on 1/13/15 at 6:29 pm
Posted by Bussemer
Heading South
Member since Dec 2007
2525 posts
Posted on 1/13/15 at 6:32 pm to
I hear it's been a brutal holidays for landmen in lafayette. Allegedly 200-300 cut since Christmas which sucks.

Like someone mentioned, onshore rig rates are plummeting which is nice for operators.

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