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re: BHP shutting down 40% US shale rigs

Posted on 1/21/15 at 4:37 pm to
Posted by Polar Pop
Member since Feb 2012
10969 posts
Posted on 1/21/15 at 4:37 pm to
I sell to the 3 rigs drilling for BHP in NWLA.

1 of the rigs is stacking as soon as they TD (ETA next Thursday), they are in talks of stacking another, and I have not heard info on the 3rd rig.

Going to hit me pretty hard, those 3 rigs make up quite a bit of my business.
Posted by Evolve
Texas
Member since Aug 2012
3429 posts
Posted on 1/21/15 at 6:49 pm to
Man that sucks. Hopefully we can see a recovery into the 70s by mid year.
Posted by lsugradman
Member since Sep 2003
8970 posts
Posted on 1/21/15 at 8:18 pm to
Here's another crappily titled article from them...


Here's How Many More Oil Rigs Are Going to Shutter Production
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 1/22/15 at 12:43 am to
quote:

Can I request


Why couldn't you request?

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