Hey fellows I really enjoy your perspective on the industry since I only see a limited perspective. I have noticed that the rig count has continued to plummet (oil rigs down to 825 from a high of 1609) and down for 15 straight weeks. Production appears to continue to ramp up as people finish out existed wells.
For the guys in the trenches:
Is there a light at the end of tunnel yet?
Or, should people cross there fingers after the first quarter and prepare for the next round of job cuts?
For the guys in the trenches:
Is there a light at the end of tunnel yet?
Or, should people cross there fingers after the first quarter and prepare for the next round of job cuts?
