I’ve heard lots of smaller operators are already planning on laying down rigs, a few have already.
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Mt.Pleasant soon
Brilliant bring it on sooner the better
Aberdeen started to pay off again
20% seems... low.
US land drilling ops to lose up to 20%.
Yes I got laid off 3 weeks ago from the woodlands drill bit location. Me and 26 others . Package was 6 weeks pay plus my unused vacation and sick time
^^^^
Ham sandwich and bag of chips if you are lucky
Huh?
The package was getting worse each round of pays offs going back 5 years now.
After 2 years from when the started is was down to half at 3 years was basic.
They then started using very dirty tactics to get rid of people and not pay anything.
Now its brutal as will just sack you if possible or it will be 1 weeks pay for every year service upto 20 years so max you can get is a few months wages..
What is the “package” like for field personnel?