Thursday, March 1, 2012

Busy, Busy, Busy

How busy is it? Drilling is still slow but if your looking to get into the industry then Decommissioning is where it's at. Dangerous? Yes. Decommissioning is the end of the life for the well, and at this time there is no requirement to have BOP's on the well while doing work. I am sure there is something being written up about it now but the company that can do it the cheapest will usually get the contract. Plus there are companies popping up all over with little or no experience to plug the wells so it can be dangerous. However the work forecast looks good, with the "Idle Iron" policy in affect there should be lots of work out there.