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Fly Molo posted:gently caress yesss long live LF death is certain There seemed to be a few people talking about it in the Republican Primary Thread, so I figured it could use its own thread over here. I've worked since 2012 in the oilfields, working with various frac crews in Texas. Here's a brief overview: For the past few years, things were going pretty good in the industry. Prices were high after the 2009/2010 slump, and companies all over the place were hiring to make up for all the people they laid off. Fracking and horizontal wells were really taking off, horizontal meaning the well goes down vertically for a mile or two, then turns 90 degrees to go for another mile or two horizontally. This lead to big increases in productivity, especially in shale formations (Pennsylvania/Texas/North Dakota etc.), because instead of producing from the 40-50 feet of well intersecting the production zone, you got 3-8,000 feet of the well in the production zone. It also made drilling a lot cheaper, because you could drill 4-5 wells side by side veering off in different directions underground, instead of having to disassemble and move the rig 4-5 times. Around mid-2014 was the peak for shale oil, prices were insanely high. Companies all over the place were taking out huge loans to drill more wells, because these horizontal shale wells had a downside: shale oil production spikes early then dwindles quickly. Fracking the well vastly increases the amount you can get out of it, but you still get most of your oil out in the first six months. After a couple of years, your well is barely producing anything at all. So companies spent their oil money drilling more wells, constantly, to keep production up. They took out loans left and right, and in some cases, were barely drilling wells fast enough to pay interest on their loans. Then the price started dropping. By December 2014, the price of WTI (West Texas Intermediate, one of the benchmark types of crude oil) was $60 a barrel. Companies were freaking out. Depending on where you were and how far you were from a port, the breakeven point for a lot of companies varied from $30-60. But a lot of companies had a shitload of debt, spent drilling more wells, and the poo poo was now hitting the fan. Throughout 2015, things slowly went from bad to worse. The all-important price dropped down to $40, then back up to $60, then China's economy exploded in July and it sagged down to $30. Half our shop got laid off, then 3/4. Everyone left took a 50% pay cut. When the price went back up to $60, our company hired a bunch of trainees to fill the ranks- then laid them off when the price went back down. Things finally stabilized in the $30-40 range, even though our remaining clients talked about how much money they were losing at that price. Then the latest price drops happened, and the price of oil is sitting in the high $20s. As of now, there are very few U.S. producers even able to break even, much less make a profit. Some parts of West Texas are still profitable, I think, but gently caress moving to Midland, TX and living in that hellhole. As of right now, nobody's doing very well in the oil industry. Some companies cut their employees' pay from $100,000 a year to $10/hour. Almost no companies are hiring, almost all of them are frantically trying to cut costs however they can. Vacation? Cut. Healthcare? Gutted. Promotions? Delayed indefinitely. Safety Equipment? Delayed. Russia, Iran, Saudi Arabia, all of OPEC is frantically trying to balance their budget by producing as fast as they can, loving each other over in the process. One guy I know went from frac supervisor, making $100-250,000 a year, to company man, to superintendent with a company. Then he got laid off and had to change fields, now he's an electrician's apprentice, making $14 an hour. This isn't exactly good for the small towns in this area either. The bigger cities in Texas like Dallas, Houston, San Antonio, and Austin have other industries to keep them afloat, but for a lot of the small towns, hotels fast food and gas stations were all they had. You can see it in the number of trucks on the road in some parts. They used to be clogged with traffic, like schools of fish swarming around the active drilling areas. Now you see empty gas stations, empty roads, boarded up stores. Some folks you work with are pretty normal, but a lot of oilfield workers are kinda... off. It takes a certain type of person to want to work 100 hours a week in the rear end-end of nowhere with a bunch of dudes. Drug use is rampant, most of the guys have several child support payments they're blowing off, and the amount of dip, cigarettes, coffee, and redbulls consumed on a a given worksite in a given night is staggering. There aren't many women working in the field, and when they are, their coworkers insist on not letting them do any work then complain about them not helping out. It's a very strange work environment. There's a steady stream of funny incidents involving people bringing guns and drugs to the worksite and getting caught, or getting shitface drunk and passing out facedown bare-assed in the dirt next to their truck. The workplace standard is 12 hour shifts, not including driving to or from the worksite, and fatigue is a constant problem. Everyone has their way of dealing with it. Caffeine and nicotine are common, harder drugs like meth are surprisingly common, and every once in a while someone doesn't show up to work because they fell asleep, wrecked on the way there, and died. Even a few guys I've worked with. Most of the people I've talked to are big Trump supporters. As times have gotten tougher and tougher, people have been getting angrier and angrier at the people they perceive to be causing the problems. There's a huge amount of backlash against middle-easterners, because they're muslim, because "fuckin' saudi" is ruining the price of oil and putting people out of work, because they're terrists. I honestly wouldn't have stuck around if the money wasn't good. It's been nice paying off my student loans finally. I'm making a hell of a lot more, even now, than I would in the field I got my degree in. I'm looking for non-oilfield jobs, but I've been looking for a few months with no luck. Unemployment is on the rise, and there's a lot of qualified people trying to get the same jobs I am. If anyone wants to know more about the work, the people, the pervading grimdark atmosphere of doom, funny stories, or how to get into the industry (good luck), ask away.
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Jan 23, 2016 06:02
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How good of a deal could you get on a used f-250 right now? Only half joking. I don't know much about drilling but is there any substantial productive work that can be done when WTI is too low for the operation to be profitable? Deferred maintenance, that kind of thing? How specialized is the labor? Whenever hiring picks up I imagine there will be lots of people lining up with experience but is that a problem when high level people have been laid off?
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Jan 23, 2016 16:51
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What would you say is the average time that a person works in the oilfields before switching to a different job? How much money would they be able to save up for situations like these?
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Jan 23, 2016 17:13
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I work in the west Texas area delivering rig mats, light plants and flow back equipment. I actually live about 60 miles from Midland and did my h2s training there. Around here energy drinks are not even allowed on the lease much less the location. So if your question involves sitting on my rear end or driving for most of the day with little bits of "work" ask away. Darth Freddy fucked around with this message at 01:19 on Jan 24, 2016 |
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Jan 24, 2016 00:58
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antiga posted:How good of a deal could you get on a used f-250 right now? Only half joking. There's always work to be done. In my area at any given time there's 30 to 50 pulling rigs. These can be used to deepen wells, pull casing to be replaced, do frac jobs, fix any number of issues that can pop up at random.
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Jan 24, 2016 01:02
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antiga posted:How good of a deal could you get on a used f-250 right now? Only half joking. A pretty good deal if you're buying in any of the oil states. There's lots of people selling four wheelers, boats, cars, trucks, and all kinds of luxury poo poo in order to make ends meet. Stuff that was bought two years ago for $10,000, being sold now for $3,000. Well, one way to prolong the lifespan of these fast-but-short wells is to re-frac them. When they're initially drilled, we come in and pump a shitload of sand/gel/fiber/beads/other poo poo into the rock in order to force it open and increase flow rate when the well is producing. Sometimes it's cheaper to frac an old well again, in order to squeeze out a little more production, than it is to drill a new well. Sadly all the deferred maintenance is just getting more deferred. When times are good, equipment is never at the yard to get fixed unless it's literally unusable. Now that times are bad, equipment just sits at the yard broken because companies don't want to pay to fix them. The work isn't very specialized. Some roles require working your way up over a few years, but transfers between specialties are pretty common. Most guys you talk to will have done more than one job, like wireline for a few years, then frac for a few more. Wireline blows the holes in the well, frac comes in and pumps a bunch of poo poo into those holes. When things pick up again, most companies are gonna be more than happy to grab just about anyone with oilfield experience and shove them into any given job. IM_DA_DECIDER posted:What would you say is the average time that a person works in the oilfields before switching to a different job? How much money would they be able to save up for situations like these? There's two types, the people who do it for just a few years, and the lifers who never want to do anything else. The oilfield is cyclical, and every few years there's a big bust like this and a bunch of layoffs. A lot of people switch jobs to something more normal, but the folks who stick around become more invested in oilfield work. Most companies consist of a bunch of people hired since the last big layoffs (in this case 2009), and a hardened core of bitter old fucks who have nothing else they can or want to do. Can save or will save? Most people set aside some money, but 90% of the people you talk to assume that good times will last forever, despite the cyclical nature of the industry. Most of the money earned usually goes into a big house, fancy truck, and guns. One guy I know has been doing this for 13 years and has <$20,000 saved, because he just keeps spending everything he makes on more guns. Right now he's saving up for a drum-mag AA-12. Darth Freddy posted:I work in the west Texas area delivering rig mats, light plants and flow back equipment. I actually live about 60 miles from Midland and did my h2s training there. Yeah, same here. Energy drinks of all kinds are strictly prohibited, but in practice that just means people do them on the down low. When people leave their empty redbull cans in the portajohns there's always a shitstorm if the client's HSE people find them. Most of our company men do them too (or drink >8 cups of coffee a shift), but the usual policy is don't ask don't tell. If you get caught and they don't feel like being lenient, your rear end is gone.
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Jan 24, 2016 05:45
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Thanks for doing this thread, one of the reasons I'm curious about the situation is I worked a summer at the Fort Mac Oil Sands ( ) and the description you gave was quite reminiscent, except that I worked when prices were still good. The people you describe are exactly like the ones I remember. From all the news it seems the same kind of contraction is happening up here, and it's already getting pretty bad across the province. Were getting reports of suicides and petty crime going up in fort mac and communities near oil sites across the province; I imagine similar poo poo must be happening near you?
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Jan 24, 2016 09:01
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Energy drinks seem like a pretty tame option compared to other pharmaceutical methods of staying awake/focused. Why is there so much focus on that? Safety issues when a guy works too long?
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Jan 24, 2016 17:22
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I'd definitely like to hear some stories about crazy drugged up ex con coworkers
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Jan 24, 2016 17:29
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antiga posted:Energy drinks seem like a pretty tame option compared to other pharmaceutical methods of staying awake/focused. Why is there so much focus on that? Safety issues when a guy works too long? Out here it has a lot to do with the heat. Will be weeks on end with temperatures in the 100+ range, usually 90f by 9 and 10am. Energy drinks dehydrate you, do wonky things to your system add that to guys not drinking nearly enough water you have folks passing out all the time.
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Jan 24, 2016 18:03
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Ron Paul Atreides posted:Thanks for doing this thread, one of the reasons I'm curious about the situation is I worked a summer at the Fort Mac Oil Sands ( Yeah, unfortunately. Suicides are up, and so's unemployment and underemployment. On the bright side, you can buy lots of cheap poo poo on Craigslist, and the price of gas in Houston is $1.29 in some places. antiga posted:Energy drinks seem like a pretty tame option compared to other pharmaceutical methods of staying awake/focused. Why is there so much focus on that? Safety issues when a guy works too long? Yeah, exactly. It encourages people to work longer than they should, though the distinction between energy drinks and coffee-chugging is mostly an academic one. For some reason the companies we work with love to crack down on energy drinks as the devil, then ignore all the other poo poo people do to stay awake. knows a black guy posted:I'd definitely like to hear some stories about crazy drugged up ex con coworkers Well, there was one guy we worked with for a while who seemed kinda weird even for oilfield guys. He would space out and ignore what you said, freak out about regular work tasks, and generally act erratic. One day I came into work and he was gone. Turns out that while working night shift, someone had sold him a shitload of bath salts. They weren't technically illegal, so it was all good, right? The company man noticed something was up when he spent an entire toolbox talk (mini-safety meeting before doing something) eating a sandwich and staring off into space while twitching a little. He got the sheriff called on him when he began yelling and screaming that this poo poo was legal, he was a sovereign citizen who had rights, and that everyone was with the CIA conspiring to put him back in jail. He didn't end up going to jail (what he'd been doing wasn't technically illegal), but still got fired and blacklisted by our client never to allow him back on location. Another guy wasn't too happy with his employer, back in 2013 when things were good. He got the bright idea to start working with Company #2 on his days off and see if he liked it. If so, he'd get to call up Company #1 and tell them to go gently caress themselves and where to pick up his work truck. If he didn't, he'd quit with Company #2 and resume working with #1 none the wiser. Good plan, right? Except that he'd listed Company #1 on his resume. Halfway through his second day of work, #2 called #1 to ask for his DOT records... We never saw him again, after that poo poo neither company wanted to touch him with a 10-foot pole. Ironically, the ex-cons are some of the nicer people to work with. Most of them know they hosed up and resolved to do better, it's the dumbfucks who drive drunk at 100mph in a company truck and never got caught that you need to watch out for.
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Jan 25, 2016 09:57
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Are you working the Eagle Ford Shale area? I live in San Antonio and have mixed feelings about everything there that probably aren't germane to this thread. I will say I get a big hearty laugh whenever I see a 70,000+ dollar truck drive by with a "Spoiled Oilfield Wife" sticker on it. Many people in my wife's family work in the energy sector, mostly refining though, they haven't felt too much of a pinch as refining is pretty steady. The closest thing to the high paid, over worked oilfield guys in the refineries are the turn around crews. Lots of those guys get used to working 7 12 hour shifts during turn arounds and adjust their lifestyles to that kind of cash. If their crew doesn't have work for a while though things go downhill fast. One month pipefitter Joe is buying a new Polaris RZR, a new Tracker boat, and a pimped out F250 platinum, a few months later everything is being sold. I wish there was more education in that sector about the feast/famine nature of the work and how to save money for the slow times.
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Jan 25, 2016 21:25
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When times where good what would you say average Joe worker is making? And when bad? It seems like when times are good it's a quick (not so easy) way to make a buck, but that it turns around just as quick as it came and the only people who really make money on any of it are the smart (typically already rich) owners that can close up shop when it's bad and walk with their money.
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Jan 26, 2016 01:14
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Fly Molo posted:Ironically, the ex-cons are some of the nicer people to work with. Most of them know they hosed up and resolved to do better, it's the dumbfucks who drive drunk at 100mph in a company truck and never got caught that you need to watch out for. I worked with a drilling engineer that drove a company truck into about 3 other company trucks while drunk, trying to park in the company lot so he could get some work done for the rig. He was friend's with the owner's son, so it didn't get reported to the police and they just let him go. Another guy I worked with (back when I roustabouted for a summer) would always show up in the morning and be a major rear end, but by the afternoon he was a decent human being to be around. Turns out that he had a huge insulated coffee mug full of vodka and he was just getting his buzz on every morning. skipdogg posted:I wish there was more education in that sector about the feast/famine nature of the work and how to save money for the slow times. I think one of the big problems is there hasn't been a traumatic downturn in the industry since the 1980s. What happened in 2008-2009 was short lived and it was expected to be so because demand growth was still outpacing supply. Right now, everyone is making GBS threads their pants because independent oil companies brought a whole lot of production online and started exceeding supply growth. Compound this with the fact that now Iraq and Iran are ramping up production and OPEC countries are fighting over market share so there is still going to be supply growth in an oversupplied market. I feel that the big blood bath will occur sometime in March when most companies get their debt re-evaluated and we approach major refinery turnarounds for summer gasoline. Cushing Oklahoma is currently sitting at over 64 million barrels in storage and can only hold a total of 73 million, which may be the choke point preventing oil from moving. There have already been instances of negative oil prices in North Dakota for sour oil because of the discounts it trades at and there not being anywhere to put it.
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Jan 26, 2016 02:08
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TheFace posted:When times where good what would you say average Joe worker is making? That's sums it pretty well, it's a boom-bust economy, like most prospecting based resource extraction. Communities spring up around these rushes and then wither and die when the market collapses.
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Jan 26, 2016 06:15
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You say that oilfield workers make a lot of money when things are good, and tend to spend it like water. What kind of infrastructure grows up around them to take it away? Does organised crime and vice get involved?
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Jan 26, 2016 10:37
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TheFace posted:When times where good what would you say average Joe worker is making? When times are good it's 250k plus if you are in Fort Mac flights home every 3 weeks (paid for) and other perks. My company had paid places for the workers to stay on site (and lots do). In bad time it will get so bad it will gently caress the economy of whole nations. Most people here are too young to remember Alberta and Texas in the 80's and early 90's but they where not nice places to live.
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Jan 26, 2016 16:17
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sbaldrick posted:When times are good it's 250k plus if you are in Fort Mac flights home every 3 weeks (paid for) and other perks. My company had paid places for the workers to stay on site (and lots do). I know how it can gently caress the economy of whole nations, but was curious if people really go from being paid 250k to 10 per hour if they are one of the lucky few to not get laid off? And are they then only staying in hopes it will pick back up and they'll be back to 250k?
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Jan 26, 2016 16:26
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I was hauling frac sand in North Dakota but quit in August because I was sitting too much and also rate cuts. I was gonna switch to hauling water or crude oil and buying my own truck, but then it all crashed. Since I had a cdl I just decided to go back over the road. Kinda sad that as an owner operator over the road you will basically make as much as an oilfield company driver. I don't have a wife and kids, don't have a mortgage or car payments, so I kinda made out like a bandit. I feel bad for all my coworkers who decided buying big McMansions and brand new Mercedes and Escalades for their wifes back home were good ideas, I guess they thought it was actually never going to end. As impossibly lovely as North Dakota is, I kinda miss it. Everyday was a weird fun new adventure. Also driving trucks out there was nice and relaxed, over the road can kinda suck especially when you're in big cities. When the gettin' was good I was making about 9-10k a month, when I quit it was more like 5k, which isnt bad but not enough for me to stay in North Dakota and be bored while waiting to be put to work. I know my company was hosed too because the fleet consisted of brand new [very unreliable] road queen Peterbilts while all of our competition had 20 year old trucks. There was no undercutting the competition.
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Jan 26, 2016 17:03
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TheFace posted:I know how it can gently caress the economy of whole nations, but was curious if people really go from being paid 250k to 10 per hour if they are one of the lucky few to not get laid off? And are they then only staying in hopes it will pick back up and they'll be back to 250k? There's a huge misconception about oilfield salaries. I worked in Alberta for 3 years and everyone in the patch is open about how much they make, and by "open" I mean "probably lying," because it's a pretty big dick waving contest. My first year I earned around $60,000. Not super rich but pretty good for walking off the street right? Second year I was at $80k-ish with all my bonuses and stuff. My last year before we started making cuts I was really close to $100,000 because I got promoted to jr. supervisor and got to run my truck. I was earning close to six figures but I worked my loving balls off to get it. But it gets old really quick working 21 days straight, 3 days off, then repeating that poo poo for the next 5 months, which is part of the reason why I quit. I didn't work in Fort Mac so I can't say how it is up there, but where I was to get $250k/year you needed half a decade (or more) of experience and pretty much work every single day. Then again I was a well tester and we got paid poo poo compared to the rest of the business. As for when it picks back up, I think in Grande Prairie (where I was at) the business just starts over. When the crash was happening my company laid off pretty much everyone except for supervisors and experienced hands, keeping just enough people to keep everyone just as busy. So you have supervisors working as helpers and helpers working as whatever. When it picks back up again the supervisors will go back to doing their own poo poo and they'll hire on new people again. If I went back to the same company after half a year or so they probably wouldn't start me at the "entry" wage but definitely knock it down a few pegs. Our turn over rate was hilariously huge, and that's where the salary misconception comes in again. We had a LOT of people who were expecting to earn that sacred six figure mark their first year. When they made a still respectable $50-60,000 they quit. I trained a guy who moved his whole family from across the country where he was earning $65k a year doing electrician work. Because he heard people here make such loving bonkers money. And then he was suddenly making less than that and was disappointed because he spends 3 weeks at a time away from his wife and kid. Fake edit: sorry I kind of rambled on there
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Jan 26, 2016 19:16
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I don't know how it works in the actual oilfields, but on the refining side of things the big money comes from all the Overtime. During a turnaround people will work 7 x 12 hour shifts a week. A pipefitter making 30 bucks an hour normally goes from making 1200 a week to almost 3200 a week due to the overtime. If said pipefitter can work 2 turnarounds a year (8 to 12 weeks), and keep his normal 40 during the non turnaround period they can gross 100K+ a year.
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Jan 26, 2016 19:41
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It was as if millions of dollars of truck equity suddenly cried out in terror and were suddenly silenced. I feel something terrible has happened.
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Jan 27, 2016 16:44
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Yeet posted:There's a huge misconception about oilfield salaries. I worked in Alberta for 3 years and everyone in the patch is open about how much they make, and by "open" I mean "probably lying," because it's a pretty big dick waving contest. My first year I earned around $60,000. Not super rich but pretty good for walking off the street right? Second year I was at $80k-ish with all my bonuses and stuff. My last year before we started making cuts I was really close to $100,000 because I got promoted to jr. supervisor and got to run my truck. drat you guys got screws. I mean different companies mean different things of course but how did you keep an electrician at only 65k, they make more then that just doing house calls in any major city.
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Jan 27, 2016 18:11
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skipdogg posted:Are you working the Eagle Ford Shale area? I live in San Antonio and have mixed feelings about everything there that probably aren't germane to this thread. Yeah, I'm working in the Eagle Ford and living in San Antonio, and JESUS CHRIST there are so many of those. It's even worse in the small lovely towns like Kennedy, Cuero, Yorktown, and the like, it seems like half the vehicles on the road are lifted pickups with obnoxious stickers. The trucker dealerships around here must've been making a killing these last few years. TheFace posted:When times where good what would you say average Joe worker is making? Well, average joe varies a lot depending on what you're doing. Some specialties pay great from the get-go, others pay like poo poo (ie. cementing for certain companies). On average I'd say around $70-90k average when times were good, and if you had a few years experience you'd be earning >$100,000, when times were good. Now it's around $70,000-100,000 if you're one of the drat experienced folks, and all the trainees are getting laid off. For me personally, I made $70,000 in 2012 as a trainee, $140,000 in 2013, $185,000 in 2014, and $130,000 in 2015. That was as a new grad fresh out of college. Some of the company men I talked to were making $500,000 a year working as consultants for the various companies, some with shockingly little experience. Hell, my shop's biggest client announced yesterday that they're ending all operations in the Eagle Ford in 2 weeks. After that, we can expect another big round of layoffs.  Jesus christ I hope I can find another job. Our healthcare has already been slashed to ribbons, all prescription drugs are now basically out of pocket until you hit the deductible.TheFace posted:I know how it can gently caress the economy of whole nations, but was curious if people really go from being paid 250k to 10 per hour if they are one of the lucky few to not get laid off? And are they then only staying in hopes it will pick back up and they'll be back to 250k? It's a mixture of depression, momentum, and a lack of marketable skills. A lot of the guys you talk to have no degree, no non-oilfield work experience, and a fuckload of debt/car payments/alimony meaning they can't go back to school too easily. Plenty are ex-felons, and that makes it a real bitch trying to find another job. When guys quit and try and find other work, they have to start off as trainees or apprentices which can be humiliating, the entry-level wages are comparable or less than even depressed oilfield wages, and frankly a lot of places aren't hiring right now. Like skipdogg was saying, overtime makes a big big difference. Guys can make 120-130 hours a week with time-and-a-half overtime, which brings that $10/hour up to a more reasonable $60,000-$70,000 a year. Soylent Yellow posted:You say that oilfield workers make a lot of money when things are good, and tend to spend it like water. What kind of infrastructure grows up around them to take it away? Does organised crime and vice get involved? Bars, strip clubs, truck dealerships, hotels, gas stations, restaurants (both fast food and $50/plate) and the like all sprout up like flowers in spring wherever oilfield money goes. Most of the illegal money is in disorganized vices like prostitution and stimulants, crystal meth and crack are both very popular. Lots of guys want to be able to work more hours, and some guys just work 24 hour shifts until the job is done, which can be days at a time. I don't think organized crime has much of a hand in it, but if they did I probably wouldn't know, lol.
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Jan 27, 2016 23:21
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Fly Molo posted:The trucker dealerships around here must've been making a killing these last few years. They have been. I keep in touch with the guy at the Ford dealership I buy my cars from and they have had no issue moving F-250's both new and used when they come in. I saw a SVT Raptor with 98,000 miles on it listed for 42,000 dollars. The drat thing was probably 50K brand new. Someone bought it. I'm not sure if it's true or not, but he told me a story of a few sales guys driving a bunch of new pickups down to that area and getting people to buy them on the spot. They sold them all and had to have someone come get them since they didn't have a way home.
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Jan 28, 2016 00:29
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skipdogg posted:They have been. I keep in touch with the guy at the Ford dealership I buy my cars from and they have had no issue moving F-250's both new and used when they come in. I saw a SVT Raptor with 98,000 miles on it listed for 42,000 dollars. The drat thing was probably 50K brand new. Someone bought it.  those poor fucks
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Jan 28, 2016 00:32
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I work for an operator in the Marcellus & Utica as part of an EHS team (environmental health and safety) so anyone who has oilfield experience is probably going to tell me to gently caress myself. I do mostly environmental work but I also handle all data analysis for incidents and associated costs. I wish there was another industry that had a similar payscale, because I would really like to get out.
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Jan 29, 2016 19:13
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JohnGalt posted:I wish there was another industry that had a similar payscale, because I would really like to get out. The oilfield curse.
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Jan 30, 2016 03:12
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I'm a drilling engineer for a mid size operator based in Dallas. I've been working West Texas for the last 3 years but we just laid down our last rig last week. In two weeks I start a 28 on/28 off rotation to one of our international projects. If anyone has specific drilling related questions I might be able to help.
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Jan 30, 2016 20:36
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I've always wondered what the equivalent bandwidth is for a typical MWD tool sending data through mud pulses. I also wanted to share this cool drilling story from a field I worked as an intern (reservoir engineering side). http://www.ogj.com/articles/print/volume-98/issue-50/special-report/burlington-drills-ultradeep-wyoming-well.html Edit: The full article is hit with a pay wall on the direct link, but you can get it all by googling "Unit Drilling 201" Oil! fucked around with this message at 04:45 on Jan 31, 2016 |
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Jan 30, 2016 22:35
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Oil! posted:I've always wondered what the equivalent bandwidth is for a typical MWD tool sending data through mud pulses. For mud pulse telemetry it's generally about 10 bits per second. For electromagnetic telemetry it can get up to 100 bits per second.
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Jan 30, 2016 23:46
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Oil! posted:
Holy loving hook load. What was the TVD on that well?
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Jan 30, 2016 23:53
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JohnGalt posted:Holy loving hook load. What was the TVD on that well? They are about 24,500'. I checked on their production in the Wyoming state database, they are still making about 30 MMCF/D after 10 years of production.
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Jan 31, 2016 00:00
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Oil! posted:They are about 24,500'. I checked on their production in the Wyoming state database, they are still making about 30 MMCF/D after 10 years of production. You mean that is a vertical well? Holy poo poo.
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Jan 31, 2016 03:24
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ch3cooh posted:I'm a drilling engineer for a mid size operator based in Dallas. I've been working West Texas for the last 3 years but we just laid down our last rig last week. Whatever happened to your company you were building a few years back? I was fascinated to hear about it. How did it turn out?
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Jan 31, 2016 22:12
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Claverjoe posted:Whatever happened to your company you were building a few years back? I was fascinated to hear about it. How did it turn out? After some struggles we got the funding lined up. We approached the owner of the property we wanted to buy and they said, "make us an offer." So we offered them 75% of the PV10 of their existing production (at an $80/bbl price assumption) and they said do better. We eventually got up to 95% of the PV10 of PDP and they still balked. We told them we would consider valuing the PUDs if they told us where they are and they declined to do so. So we had to walk away. All things considered given the way the market turned a year later it was probably for the best.
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Jan 31, 2016 22:20
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Well looks like you sprung a leak   On a scale from duck tape to some ones is going to get their rear end chewed out how bad is it. Edit funny thing. I was delivering a rig mat to one location, turns out the rig there broke down and had to go to the shop. After lunch get called for a light plant delivery, the above pictured rig was the one going down to replace the broken down one. Now its trapped on the side of a random rear end lease road till some one can come and haul it off. Darth Freddy fucked around with this message at 03:11 on Feb 2, 2016 |
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Feb 2, 2016 03:08
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That's why Oilfield Fuckups is always hilarious! And I finally got a non-oilfield job, barely dodging massive company-wide furloughs. Hellllll yessssssss
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Feb 2, 2016 06:16
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sbaldrick posted:drat you guys got screws. Yeah... in Alberta the camp housekeepers start around $50,000 and that is a jib with the qualifications of "can you show up and not cause problems".
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Feb 4, 2016 16:53
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cougar cub posted:Yeah... in Alberta the camp housekeepers start around $50,000 and that is a jib with the qualifications of "can you show up and not cause problems". "can you show up and not be so high everyone notices, also don't suck dick on duty"
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Feb 4, 2016 17:13
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