SO much for the oilfield!!!

Thread Tools
 
Search this Thread
 
Old 10-15-2015, 03:45 PM
  #21  
TECH Resident
 
LS1 Brent's Avatar
 
Join Date: Nov 2002
Location: AustinTexas
Posts: 963
Likes: 0
Received 0 Likes on 0 Posts

Default

I was let go from Halliburton back in March. Times are tough!
Old 10-20-2015, 11:20 AM
  #22  
TECH Enthusiast
iTrader: (42)
 
98TA6.0's Avatar
 
Join Date: Apr 2009
Location: Austin, Texas
Posts: 619
Likes: 0
Received 1 Like on 1 Post

Default

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.
Old 10-20-2015, 06:17 PM
  #23  
TECH Regular
iTrader: (4)
 
Powerhouse's Avatar
 
Join Date: Oct 2005
Posts: 443
Likes: 0
Received 0 Likes on 0 Posts

Default

Originally Posted by 98TA6.0
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.
Sounds like you need new buddies.
Old 10-20-2015, 06:34 PM
  #24  
TECH Enthusiast
iTrader: (42)
 
98TA6.0's Avatar
 
Join Date: Apr 2009
Location: Austin, Texas
Posts: 619
Likes: 0
Received 1 Like on 1 Post

Default

Lol. I said buddies. Not friends
Old 10-23-2015, 01:44 AM
  #25  
10 Second Club
iTrader: (1)
 
htownws6's Avatar
 
Join Date: Dec 2009
Posts: 107
Likes: 0
Received 0 Likes on 0 Posts
Default

With your college education you should be easily able to double that 60k salary within 10 years down the road. Then who will be boasting?
Old 10-23-2015, 07:59 AM
  #26  
TECH Enthusiast
iTrader: (42)
 
98TA6.0's Avatar
 
Join Date: Apr 2009
Location: Austin, Texas
Posts: 619
Likes: 0
Received 1 Like on 1 Post

Default

Oh they will be educated too. On humility and one of them in Political Science. Lol
Old 10-25-2015, 05:55 PM
  #27  
Staging Lane
Thread Starter
iTrader: (2)
 
ski7541's Avatar
 
Join Date: Nov 2008
Location: Sweeny College Station, Somewhere in Afghanistan
Posts: 77
Likes: 0
Received 1 Like on 1 Post

Default

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....
Old 11-03-2015, 10:21 AM
  #28  
Launching!
iTrader: (5)
 
LS198Z28's Avatar
 
Join Date: Aug 2005
Posts: 259
Likes: 0
Received 0 Likes on 0 Posts

Default

What are you looking for $$ wise? We have a mechanic opening over where I work at. oil/gas service company.
Old 11-14-2015, 10:36 PM
  #29  
Staging Lane
Thread Starter
iTrader: (2)
 
ski7541's Avatar
 
Join Date: Nov 2008
Location: Sweeny College Station, Somewhere in Afghanistan
Posts: 77
Likes: 0
Received 1 Like on 1 Post

Default

Originally Posted by LS198Z28
What are you looking for $$ wise? We have a mechanic opening over where I work at. oil/gas service company.
Where is this job located ? LMK.
Old 12-27-2015, 02:45 PM
  #30  
TECH Fanatic
iTrader: (23)
 
WMSuperSport's Avatar
 
Join Date: Feb 2002
Location: Ft. Worth, TX
Posts: 1,011
Likes: 0
Received 0 Likes on 0 Posts

Default

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.
Old 12-27-2015, 07:32 PM
  #31  
Staging Lane
Thread Starter
iTrader: (2)
 
ski7541's Avatar
 
Join Date: Nov 2008
Location: Sweeny College Station, Somewhere in Afghanistan
Posts: 77
Likes: 0
Received 1 Like on 1 Post

Default

Originally Posted by WMSuperSport
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.
So what are you doing now days?
Old 12-29-2015, 12:06 PM
  #32  
TECH Fanatic
iTrader: (23)
 
WMSuperSport's Avatar
 
Join Date: Feb 2002
Location: Ft. Worth, TX
Posts: 1,011
Likes: 0
Received 0 Likes on 0 Posts

Default

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.
Old 12-29-2015, 02:35 PM
  #33  
TECH Resident
iTrader: (20)
 
03Sssnake's Avatar
 
Join Date: Mar 2007
Location: H-Town/Cypress
Posts: 1,000
Received 0 Likes on 0 Posts

Default

its tough as woodpecker lips and doesn't look like 2016 is going to get any better...
Old 12-30-2015, 10:35 AM
  #34  
TECH Fanatic
iTrader: (23)
 
WMSuperSport's Avatar
 
Join Date: Feb 2002
Location: Ft. Worth, TX
Posts: 1,011
Likes: 0
Received 0 Likes on 0 Posts

Default

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; 12-30-2015 at 10:50 AM. Reason: added info, spelling
Old 01-07-2016, 05:27 AM
  #35  
Moderator
iTrader: (33)
 
BizZzatch350's Avatar
 
Join Date: Dec 2001
Location: T E X A S
Posts: 9,787
Likes: 0
Received 11 Likes on 9 Posts

Default

Originally Posted by 03Sssnake
its tough as woodpecker lips and doesn't look like 2016 is going to get any better...
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.
Old 01-07-2016, 09:56 PM
  #36  
TECH Fanatic
iTrader: (23)
 
WMSuperSport's Avatar
 
Join Date: Feb 2002
Location: Ft. Worth, TX
Posts: 1,011
Likes: 0
Received 0 Likes on 0 Posts

Default

Originally Posted by BizZzatch350
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.
Don't forget about Russia. I just "heard" they're having some impact on all this bullshit. I'm just trying to hang on to my house and truck.
Old 01-08-2016, 12:36 AM
  #37  
8 Second Club
iTrader: (19)
 
oscs's Avatar
 
Join Date: Jan 2013
Location: Cypress, TX
Posts: 3,903
Likes: 0
Received 4 Likes on 4 Posts
Default

The oil field needed a good cleansing. Over paid under skilled whiny entitled people need reality checks every once in a while
Old 01-08-2016, 12:40 AM
  #38  
8 Second Club
iTrader: (19)
 
oscs's Avatar
 
Join Date: Jan 2013
Location: Cypress, TX
Posts: 3,903
Likes: 0
Received 4 Likes on 4 Posts
Default

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.
Old 01-08-2016, 05:41 AM
  #39  
Moderator
iTrader: (33)
 
BizZzatch350's Avatar
 
Join Date: Dec 2001
Location: T E X A S
Posts: 9,787
Likes: 0
Received 11 Likes on 9 Posts

Default

Originally Posted by oscs
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.
Old 01-09-2016, 12:07 AM
  #40  
TECH Fanatic
iTrader: (23)
 
WMSuperSport's Avatar
 
Join Date: Feb 2002
Location: Ft. Worth, TX
Posts: 1,011
Likes: 0
Received 0 Likes on 0 Posts

Default

Originally Posted by oscs
The oil field needed a good cleansing. Over paid under skilled whiny entitled people need reality checks every once in a while
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.


Quick Reply: SO much for the oilfield!!!



All times are GMT -5. The time now is 08:21 AM.