SO much for the oilfield!!!
man we were just talking to this. bunch of my buddies got out around the same time I did and most went to the oil fields. I listened to those bastards boast about their $60k+ starting salaries and made fun of me for being a broke *** student. Well guess who is enrolled at their nearest community college for a little humble pie 101? I don't intend to poke fun at your misfortune. really sucks that such an awesome deal has come to an end. you have a skill though and not just a pipe hand, so you should be fine to find another good paying job.
man we were just talking to this. bunch of my buddies got out around the same time I did and most went to the oil fields. I listened to those bastards boast about their $60k+ starting salaries and made fun of me for being a broke *** student. Well guess who is enrolled at their nearest community college for a little humble pie 101? I don't intend to poke fun at your misfortune. really sucks that such an awesome deal has come to an end. you have a skill though and not just a pipe hand, so you should be fine to find another good paying job.
Thread Starter
Joined: Nov 2008
Posts: 77
Likes: 1
From: Sweeny College Station, Somewhere in Afghanistan
Well update, finished the first round, went to the second round, made it... did the hands on test and now was told didn't make it in...dangit will keep on trying...looking to work in the plant field....
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Verdad Gallardo Thread Starter
Joined: Nov 2008
Posts: 77
Likes: 1
From: Sweeny College Station, Somewhere in Afghanistan
I quit in June cuz it went to hell at 2015. I ran plugs so I made a killing doing to easiest job. If you worked out of Alvarado, my girlfriend and your dept manager laid you off. Shes the HR lady.
Thread Starter
Joined: Nov 2008
Posts: 77
Likes: 1
From: Sweeny College Station, Somewhere in Afghanistan
Milking my 401K and stocks. ****** sucks
I may try going overseas and running tools or wireline over there, but I don't want to. I got used to the money so I need atleast a grand a week just to pay the basic stuff.
I may try going overseas and running tools or wireline over there, but I don't want to. I got used to the money so I need atleast a grand a week just to pay the basic stuff.
nope... we're fucked for a long time. And when it comes back, whos to say we're gonna make as much money. They cut our bonuses from 3/day to only 1 and moved everything to Oklahoma. So even when it comes back it might still suck. My old lady works there still and it's not looking good. All they have left around my area is very few frac crews and a few mechanics. I did the mechanic thing for a little while on that frac equipment and it sucked ***** so I quit. Plus management sucked real bad but they all got let go cuz after I quit they did an investigation and talked to alot of people who quit and everyone said how bad they treat people so that was the nail in the coffin *this is just my opinion, they mightve been let go anyway*
Last edited by WMSuperSport; Dec 30, 2015 at 10:50 AM. Reason: added info, spelling
With what's happening in China right now, 2016 is shaping out to be a slaughter. It still feels like a continual slide to bottom and we haven't reached it yet which is scary. When Goldman released a model of oil in the $20s, it was a 40% probability, now it seems like a lot higher probability. With Asian markets in the toilet I can't demand picking up any time soon. Plus now you have tension between Iran and Saudi which means when Opec meets next month, it's going to more or less the same results as 2015. Saudi will just borrow more on the international market to ease their deficit and keep flooding the market. Everything that is happening right now is just the perfect storm, which would be interesting to watch if it didn't have an effect on my pay check.
With what's happening in China right now, 2016 is shaping out to be a slaughter. It still feels like a continual slide to bottom and we haven't reached it yet which is scary. When Goldman released a model of oil in the $20s, it was a 40% probability, now it seems like a lot higher probability. With Asian markets in the toilet I can't demand picking up any time soon. Plus now you have tension between Iran and Saudi which means when Opec meets next month, it's going to more or less the same results as 2015. Saudi will just borrow more on the international market to ease their deficit and keep flooding the market. Everything that is happening right now is just the perfect storm, which would be interesting to watch if it didn't have an effect on my pay check.
The whole "China market" thing is a false diversion. The global consumption rate is increasing for 2016 not declining. This is Saudi dropping price to counteract the Frac boom in the US. Supersaturated markets (USA) caused this problem not China.
Incremental demand is being surpassed by market supply, hence the glut in inventories. The Saudis are trying to control market share, agreed, but I think only looking at the U.S is short sighted as many people have. The U.S is a target but by driving the prices down, they stunt CAPEX to develop other markets in the process, holding market share in the long term. China is the second largest consumer of crude oil, so it's far from a false diversion. You can see this with the down turn in other commodities like copper. U.S crude inventories are not helping the situation, but neither is Saudi. They're basically saying we'll maintain or increase out put quotas and let the market dictate price. Very Un-Opec like.
I hope you ******* die, you piece of ****. I hope 1 day your family has to endure the same. You were too weak to do what we do, so you're resentful. Sad but true. Maybe, or surely, go kill yourself. One less POS on this planet.