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Message
re: Oil Field Rumblings
Posted on 11/10/16 at 4:01 pm to Popths
Posted on 11/10/16 at 4:01 pm to Popths
quote:
Can't imagine new drilling with prices per barrel so low. For your sake, I hope so.
Price doesn't affect construction as much as you would think. There are at least 3 new deep water rigs in process already. One should be completed here in the next 3 months. It's the improvement projects that are more telling of the industries immediate future.
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