A friend of mine used to work at Rosetta and said that during the boom, Rosetta was hiring anyone with a pulse. Rosetta put guys in engineering positions without engineering degrees because "no real engineering" was happening. Apparently, Rosetta engineers were only "well watchers", responsible for just reporting back results and not doing any design work at all. The frustrating thing is that the Rosetta ones will be saved in the layoff because their severance is bigger than our Noble severance and it will cost more to lay them off. Noble will be doomed if we keep non engineers on the payroll instead of the experienced Noble ones. In my opinion, to get ANY value out the Rosetta assets, Stover should be smart and put only Noble engineers, geologists and landmen working it.
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Not sure which Rosetta Engineers these posters are referring to, but the former Rosetta drilling group has an average of 9-10 years of experience and most have petroleum engineering degrees (which is rare for a drilling team), if not, then an engineering degree. 10 years may not sound like much experience compared to an offshore engineer, but that is a high average for US Land drilling compared to its peers.
H, have you seen that group of teenagers they have? 2 managers for 6 landmen. How much supervision do they need?
most accurate description of Rosetta engineers I have seen
How exactly would Noble Landman help the assets? Have you met the group in the fee department? That Rosetta land group is a pretty sharp bunch, especially since we don't know anything about Texas land work
OMG Rosetta sounds like an absolute disaster. Poor morale by Noble employees... Combined with the incompetence of Rosetta... Two poorly managed companies merging? This marriage is doomed.