Dang
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In both Colorado and North Dakota it sounds like 70-80% of our rigs will go down when they finish up on their pads. That signals the end for Minot. I haven’t heard of any layoffs yet, but you know as soon as those rigs go down Baker will cut. The Coronavirus and Saudi- Russian fight hasn’t helped but let’s be honest we were not doing that great before things went to c**p. It was no secret that our office and sales staff didn’t cut it and helped our market share drop into the single digits.
They’re coming I’m sure...
Continental laying down their rigs is a sign of dark times ahead.
Denver are planning on 50% of their rigs going down. Do the math!
It has started.
If you had any doubt of what is going to happen to us, check the price of oil this morning.
Don’t listen to the BS about make sure we do a good job. All of us know that’s how the office works. Blame the field hands. These snakes are trying to hold in to their own jobs. This time those guys are going down with the rest of us.
I would imagine if you are on a rig and it goes down you are going down with it.
Heard from a friend in Denver office that they are coming.