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Working for Bonuses in Oilfield
Posted on 7/5/22 at 12:27 am
Posted on 7/5/22 at 12:27 am
I was talking with a friend today who is a R&D chemist in Houston post doc was at Tour Research group, Rice. This makes him cutting edge graphene field. Due his past, he is no stranger to hard work in the field, rigs, plant maintenance, etc...
today he was monitoring (via internet) a newly developed coating for fin tube cooling, radiators at a drilling rig in West Texas. They hope to double cooling effect with better heat transfer.
He was also telling me that Nabors is drilling wells on contracts for 14 days with bonus for rig crew for each day less. The crew are really humping it and drilling a well in 8 days now. Who says the rig count has to be high? We are the most efficient at drilling on the planet.
today he was monitoring (via internet) a newly developed coating for fin tube cooling, radiators at a drilling rig in West Texas. They hope to double cooling effect with better heat transfer.
He was also telling me that Nabors is drilling wells on contracts for 14 days with bonus for rig crew for each day less. The crew are really humping it and drilling a well in 8 days now. Who says the rig count has to be high? We are the most efficient at drilling on the planet.
12
Posted on 7/5/22 at 12:46 am to CitizenK
quote:
Working for Bonuses in Oilfield
How does this fit your post? I don't get it.
Posted on 7/5/22 at 12:52 am to Oates Mustache
Cutting down time to drill a well, crews get bonuses to drilling the hole quicker. 8 days to drill a well and start moving off the site.
Posted on 7/5/22 at 1:03 am to CitizenK
So your friend is a Chemist, not an actual Plant Baw?
This post was edited on 7/5/22 at 1:09 am
Posted on 7/5/22 at 1:07 am to Breauxsif
Huh? My friend is a post doc chemist. I buy and sell process equipment for refining, chemical, power, etc... Up to entire process units and refineries.
Posted on 7/5/22 at 6:14 am to CitizenK
This doesn't exist in deepwater in the GoM anymore. Ten years ago I'd make an extra 10-15K per year in drilling curve bonuses.
Posted on 7/5/22 at 6:21 am to CitizenK
quote:
Working for Bonuses in Oilfield
CSB.. Throw it away. Irrelevant to your subject line
quote:
I was talking with a friend today who is a R&D chemist in Houston post doc was at Tour Research group, Rice. This makes him cutting edge graphene field. Due his past, he is no stranger to hard work in the field, rigs, plant maintenance, etc...
today he was monitoring (via internet) a newly developed coating for fin tube cooling, radiators at a drilling rig in West Texas. They hope to double cooling effect with better heat transfer.
This is better.
quote:
He was also telling me that Nabors is drilling wells on contracts for 14 days with bonus for rig crew for each day less. The crew are really humping it and drilling a well in 8 days now. Who says the rig count has to be high? We are the most efficient at drilling on the planet.
Posted on 7/5/22 at 7:10 am to CitizenK
Nice post
This post was edited on 7/5/22 at 7:14 am
Posted on 7/5/22 at 7:17 am to CitizenK
8 days?
What wells are these? Nobody is drilling a 22000 foot lateral in 8 days anywhere I been.
What wells are these? Nobody is drilling a 22000 foot lateral in 8 days anywhere I been.
Posted on 7/5/22 at 7:32 am to Nado Jenkins83
I’m not fluent in the oil field but I was recently considering working on the road and Nabors was a company I looked into. It was 14 12 hr shifts then 14 off. So I assume the work around the clock to get it done faster?!?
Posted on 7/5/22 at 7:57 am to FahQGump
Maybe I'm ignorant but I thought that wells have been worked around the clock at least since Spindletop and rotary drilling was a thing
Posted on 7/5/22 at 8:00 am to CitizenK
I think the OP tried to channel his inner OweO
Posted on 7/5/22 at 8:01 am to Nado Jenkins83
Bahahaha…who is drilling 22,000 foot laterals in the Permian?
Who said all well profiles are the same?
Who said all well profiles are the same?
Posted on 7/5/22 at 8:03 am to CitizenK
Would that I had an alter so I could downvote the OP more than once.
Posted on 7/5/22 at 8:14 am to honeybadger07
Well you aint getting as much out a re entry well with short curve radius and 1000k vs. Those took us 6 days at Weatherford. And we drilled plenty 23000 foot wells outside orla
Posted on 7/5/22 at 8:16 am to FahQGump
4 crews on 12 hour shift. 2 crews on rig at a time. 2 crews at home. Ssome are working 3 on 1 off right now due to shortage of hands.
Posted on 7/5/22 at 8:36 am to CitizenK
The company I worked for (oil and gas wells completions) gave out yearly bonuses. We’d get them March of the following year. Depending on the profit margins goals reached the bonuses were 5, 10, 15% of annual salary. Very rarely 20%. Starting around November, everyone would be saying “make it to March”.
Posted on 7/5/22 at 9:05 am to CitizenK
I am a strong proponent of performance bonuses in any field. Sadly, after enough are "drilled in 8 days instead of twelve" the bonuses will end, and the higher-ups will consider taking more than 8 days to be sub-par.... Even in health care, the implementation and withdrawal of performance bonuses is a constant tug of war. Lots of passive-aggressive going on.
Posted on 7/5/22 at 9:19 am to CitizenK
quote:
14 days with bonus for rig crew for each day less.
This is nothing new. I was stacking bonus days doing deepwater stimulations back in 2011 for coming in under target.
Posted on 7/5/22 at 9:38 am to CitizenK
quote:
He was also telling me that Nabors is drilling wells on contracts for 14 days with bonus for rig crew for each day less. The crew are really humping it and drilling a well in 8 days now.
That’s got to be west Texas with limited horizontal work.
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