SO much for the oilfield!!!
09-26-2016, 07:34 AM
#261
Originally Posted by blown6.0L
Premium threaded upper and lower subs for us. Not sire what else they are making. I know they have the capability to make swell packers as well. They bought all the equipment for Baker for swell packers.
09-26-2016, 08:38 AM
#262
10pcs, quick $Million sale potential which is great for everyone.
Even if prices pick back up, the focus will be in West Texas which has much lower pressures and its just so much easier on equipment in general, especially the fluidends. Shoot, introduction of SS fluidends saw a big decrease in consumption and since being up here I cant recall the last time i saw a failure.
09-26-2016, 08:42 AM
#263
you have to be careful though, the oilfield hasn't recovered yet by a long shot. I've been watching all the land companies get up and running just to shut right back down and close everything down again. It's getting REAL ugly offshore. I think it's going to take years and years for the shelf market to come back.
09-26-2016, 09:15 AM
#264
Originally Posted by bigbad76nova
S&S i assume ?
10pcs, quick $Million sale potential which is great for everyone.
Even if prices pick back up, the focus will be in West Texas which has much lower pressures and its just so much easier on equipment in general, especially the fluidends. Shoot, introduction of SS fluidends saw a big decrease in consumption and since being up here I cant recall the last time i saw a failure.
10pcs, quick $Million sale potential which is great for everyone.
Even if prices pick back up, the focus will be in West Texas which has much lower pressures and its just so much easier on equipment in general, especially the fluidends. Shoot, introduction of SS fluidends saw a big decrease in consumption and since being up here I cant recall the last time i saw a failure.
Stainless steel is new thing man. Almost everything we do now is SS. V mod is a thing of the past. Hell we have a customer toying around with the idea of titanium! Doubt it will happen though. No one is going to foot the bill for that forging.
09-26-2016, 09:24 AM
#265
We are contract manufacturing not an outfit so the numbers are a bit less. For me personally a 10 pcs fluid end order is still great work even though we can do 200 a month.. Also in this market I'll take a new customer any day of the week.
Stainless steel is new thing man. Almost everything we do now is SS. V mod is a thing of the past. Hell we have a customer toying around with the idea of titanium! Doubt it will happen though. No one is going to foot the bill for that forging.
Stainless steel is new thing man. Almost everything we do now is SS. V mod is a thing of the past. Hell we have a customer toying around with the idea of titanium! Doubt it will happen though. No one is going to foot the bill for that forging.
Ti Seems a bit WAY overkill based on what i seen the SS deal with and live to tell the story, especially for the cost, like you said. Any company considering Ti at this point has other issues to line out before looking at the FE, or they are off into some wild high pressures you only hear stories of...
02-11-2017, 06:16 AM
#269
On The Tree
We still have one more small round of layoffs going but things are definitely settling out now.
02-12-2017, 10:55 AM
#270
I read this and laughed because of how true it is. I have been in Midland for about 16 mos this time. $150-$200/sq ft for sell or rent. They seem to be lower now then they have been for sometime, but a $90,000 1,200sq/ft 30 year old house run down sitting in most places in Texas is $200K+ here. And then they tack on the FU we're Midland Tax. So you end up with yearly property taxes at about $6K-$7K a year. No water, no grass, nothing but dirt and wind. There are tons of places hiring at the moment, but they don't pay much. It makes it hard to justify coming here for work with the over inflated prices.
02-13-2017, 03:06 PM
#271
Originally Posted by Blown06
I finally went back to work on January 23 after being out of work since December 1 2015.
I sure hope it is here to stay for a while as being unemployed for about 13 months took a serious toll on my financial health.
I sure hope it is here to stay for a while as being unemployed for about 13 months took a serious toll on my financial health.
04-17-2017, 10:06 AM
#273
Teching In
Join Date: Oct 2015
Location: Midland, TX
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I've been watching the oilfield with interest. Happy to have gotten out but still have a lot of friends sticking it out, hoping for the best for them. It just seems like there's an awful lot of holes being poked still for the price of crude.
06-20-2017, 04:47 PM
#274
Most out here in West Texas are just trying to maintain leases. They spend lots of money on the leasing side and don't want to lose too much by letting them go
