Thread regarding Weatherford International Ltd. layoffs

Northeast drilling

So is Weatherford out of the market, or did they just close the shop and are going to ship tools from another location?

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| 1261 views | | 3 replies (last May 24, 2016) | Reply
Post ID: @OP+HlW9tgX

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Well its been two weeks since shutdown. How many jobs do we have running ? Any prospects? Na didn't think so. Better hurry up. FV is getting ready to head west. lol

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Post ID: @dmlf+HlW9tgX

Well my guess would be that they take a wait and see approach. So the one guy who is left who is now has to do it all. The motors will come from Houston and go back to be rebuilt. They will have to send extras because of the travel time. My guess is mwd tools will have to go there to. Face it LC was the only guy who could do it all. So all of the dirty tools sitting around are going to be a problem as the fluids eat away at them but they don't care about that just don't spend money. Things will pick up. The question is will it be in time. If it does I'm sure that they will call guys back or just send them up from Houston. Look its the bottom line that matters here. They give 2 f---s about the workers they let go and there are going to be plenty out there if it comes back.

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Post ID: @1khk+HlW9tgX

As far as I know, tools are coming up from Texas.

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Post ID: @1tes+HlW9tgX

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