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re: U.S. Oil & Gas Jobs are Disappearing Despite Record Production
Posted on 8/1/24 at 11:59 am to redstick13
Posted on 8/1/24 at 11:59 am to redstick13
Citadel 3 walked down the road 1 mile without rigging down
I saw it. Of course I left after 10 minutes because it's boring as hell
I saw it. Of course I left after 10 minutes because it's boring as hell
2
Posted on 8/1/24 at 12:04 pm to Tshiz
My bad on the downvote
Posted on 8/1/24 at 12:42 pm to Nado Jenkins83
That drill pipe must have been descaled really good after a mile of clanging.
Posted on 8/1/24 at 12:49 pm to ragincajun03
They're just working us harder. I've been doing field work and dealing with supervising 7 direct reports.
Posted on 8/1/24 at 1:14 pm to AllDayEveryDay
I would agree with this.
Posted on 8/1/24 at 1:29 pm to ragincajun03
Outside of a major commodity price change, sizing an established O&G service company is fairly easy. Producers are constantly giving capex guidance because they want their vendors to be as efficient as possible. Stability leads to efficiency.
Posted on 8/1/24 at 1:34 pm to ragincajun03
The history of capitalism has been characterized by a great struggle between capital and labor. But thanks to automation and AI, capital has discovered that it needs less and less labor over time. Pretty soon it will realize that it doesn't really need labor at all.
Andrew Yang correctly diagnosed the problem four years ago (if not the solution). Work is the past. In the future, you will need to own something that delivers cash flow or price growth.
Andrew Yang correctly diagnosed the problem four years ago (if not the solution). Work is the past. In the future, you will need to own something that delivers cash flow or price growth.
This post was edited on 8/1/24 at 1:36 pm
Posted on 8/1/24 at 1:39 pm to redstick13
quote:
I was on a 32 well pad 10 years ago.
10 years ago? Damn.
Where was that? Somewhere crowded like a Denver suburb in the DJ?
Posted on 8/1/24 at 1:45 pm to ragincajun03
quote:
Where was that? Somewhere crowded like a Denver suburb in the DJ?
In Colorado but western slope gas field. 8 foot center to center conductor pipes. It’s a lot easier to cluster them when you don’t need a pump jack on surface.
This post was edited on 8/1/24 at 1:47 pm
Posted on 8/1/24 at 2:27 pm to redstick13
Ahh…makes sense.
Pretty damn cool.
Pretty damn cool.
Posted on 8/1/24 at 2:28 pm to Nado Jenkins83
quote:
Citadel 3 walked down the road 1 mile without rigging down
That’s another cool thing industry has evolved with.
It’s almost as if the O&G Industry should be running NASA.
Posted on 8/1/24 at 2:30 pm to ragincajun03
They can learn to Code...
Posted on 8/1/24 at 6:10 pm to TigerGman
quote:
They can learn to Code...
Don’t worry, we can.
Posted on 8/1/24 at 6:19 pm to Loup
Some of you that comment about the oilfield don't know shite. What has happened is they quit doing exploration in 2015. Now mostly all they do and most of the fields is drill strictly lateral wells for shale. The drilling rig now will drill the horizontal legs move over about 30 ft and drill more horizontal legs until they get about six wells done. In the early days we would drill vertical and then horizontal in pay zones that were mainly sand or limestone. We would do one well complete it and then we would move the rig somewhere else. Again these days they walk the rig just over 30 ft or so like it's a giant transformer. Again no exploration. Also the PDC bits once they hit the shell drill it like butter. Don't get me started on today's oil wells, employees, and how it's like a union job without Union pay
Posted on 8/1/24 at 6:22 pm to Limitlesstigers
quote:
e of the reasons O&G hasn't come back in Louisiana like the way it was is automation (in addition to other things of course). I've seen land rigs that needed a 12 man crew in 2011 to the same size rig only needing 8.
Believe it or not one of the eight men that you see, his job is to walk around and make sure you're drinking enough water. That's right they actually have to have somebody walking around to make sure you're drinking enough water. Along with posters in the porta can showing you what your piss should look like and if you're dehydrated or not. I can't believe the oilfield these days.
Posted on 8/1/24 at 6:24 pm to ragincajun03
By the way whenever I worked. I made a bet with the tool pusher and he lost. The rig I was on was from Texas, they had to take down the Texas flag and fly an LSU flag for a full year. The tool pusher was a good man and stood by his bet. It flew for about 9 months until one of his main bosses came out for a cookout and about flipped his lid
Posted on 8/1/24 at 7:43 pm to redstick13
quote:
8 foot center to center conductor pipes
You are a DD baw right? Those EOUs overlap right outside the conductor?
Posted on 8/1/24 at 10:43 pm to ragincajun03
quote:
Ahh…makes sense.
Pretty damn cool.
We have some interesting geothermal projects I’m involved in over here in Europe. Check out the Eavor loop when you get a chance.
Posted on 8/1/24 at 10:52 pm to weskarl
quote:
You are a DD baw right? Those EOUs overlap right outside the conductor?
I was at that time. The conductors were staggered, one deep one shallow set. We would scribe in and do a nudge with a compass heading on the shallow sets then use Gyro while drilling to kick off the deep sets and get separation. The shallow kick offs were always fun to see how close you get could it to plan using an actual compass.
Posted on 8/1/24 at 10:55 pm to ragincajun03
You’re shocked they don’t need more heads goldbricking?
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