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Started By
Message
Fellow O&G guys, what can you tell me about Arena Offshore?
Posted on 5/15/17 at 7:20 pm
Posted on 5/15/17 at 7:20 pm
Seem to be one of the more stable and successful operators left on the shelf.
8
Posted on 5/15/17 at 7:27 pm to GREENHEAD22
They liked to contract shitty Hercules jackups
Posted on 5/15/17 at 7:30 pm to GREENHEAD22
quote:
Arena Offshore
What's their truck nuts policy?
Posted on 5/15/17 at 7:31 pm to GREENHEAD22
DRILL IT DEEP
PULL IT WET
PULL IT WET
Posted on 5/15/17 at 7:39 pm to Sun God
Thats every operator on the shelf, Hercules is top shelf, Spartan now are complete shite.
Not enough money in them old fields for a rowan rig.
Posted on 5/15/17 at 7:51 pm to GREENHEAD22
Very smart ownership who are former ADT company men. They are tight with money, but efficient as well. I completed several wells for them while working for Halliburton/Baroid.
They did contract Hercules rigs constantly, most of those are now Enterprise or WFD rigs.
After flying for Bristow and ERA and having landed and dealt with several companies on the shelf, Arena is one of the better ones.
They did contract Hercules rigs constantly, most of those are now Enterprise or WFD rigs.
After flying for Bristow and ERA and having landed and dealt with several companies on the shelf, Arena is one of the better ones.
Posted on 5/15/17 at 7:58 pm to GREENHEAD22
I am real good friends with a corporate Safety guy there
Arena is a great company
Stable and friendly people
Arena is a great company
Stable and friendly people
Posted on 5/15/17 at 8:01 pm to LSUweights
They love some h&p 100 & 105. Worked on those too much. 7 hr boat rides to Eugene island suck!
Some adti company can suck but (one of) arenas owner is a geotech genius who knows what to do.
Some adti company can suck but (one of) arenas owner is a geotech genius who knows what to do.
Posted on 5/15/17 at 8:06 pm to GREENHEAD22
Good company. Stable and growing fast. All of our guys on the contract seem to like working for them. They recently reinstated 50% of a pay cutback, so that was a positive sign for sure.
Posted on 5/15/17 at 8:20 pm to Sun God
Hercules is about to go chapter 7
Posted on 5/15/17 at 8:22 pm to GREENHEAD22
As for Arena they are doing fairly well relatively speaking. Have a decent amount of assets in some good proven fields.
Posted on 5/15/17 at 8:23 pm to OhFace55
We do business with them. They pay their bills on time and seem to be a solid company. You could do far worse.
Posted on 5/15/17 at 8:28 pm to OhFace55
Hercules has been defunct for sometime now.....where have yall been?
Posted on 5/15/17 at 8:35 pm to tgrbaitn08
Meant to say they already are but its only been about 2-3 weeks since the filing.
Posted on 5/15/17 at 8:38 pm to GREENHEAD22
We do some Fabrication work for them. They go verty basic with their facilities but they pay their bills and are good to work for.
This post was edited on 5/16/17 at 6:13 am
Posted on 5/15/17 at 9:04 pm to OhFace55
10-4
Speaking of Hercules, I was fishing Tim Island last week and all those jack ups out in the distance are quite a site. I remember seeing them last year and still looks the same this year.
Speaking of Hercules, I was fishing Tim Island last week and all those jack ups out in the distance are quite a site. I remember seeing them last year and still looks the same this year.
Posted on 5/15/17 at 9:21 pm to tgrbaitn08
Land
Posted on 5/15/17 at 9:22 pm to tgrbaitn08
Theres a few new ones and anfew that were sent off to be scrapped.
Posted on 5/16/17 at 1:33 pm to GREENHEAD22
quote:
Not enough money in them old fields for a rowan rig.
Arena has the gorilla 4 and xl3 on contract.
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