Anyone making any money hauling frac or water around Midland/Odessa?
Discussion in 'Oilfield Trucking Forum' started by 27butterfly, Jun 6, 2017.
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WTI is what is watched here in N America and it's at $54.
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Yea it's going up alot of ppl that have been out of work since 2015 and 2016. Or either under employed after getting laid off groom the oil field will be glad to get back working. Maybe they learned their lesson on how to save money. After so many lost everything from spending crazy while they had the oil field job.
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Yup, I paid off medical bills and credit cards and saved up for a down on a house in 2015. But I saw a lot of younger guys blowing their money faster than they made it
Zaros, Dan.S and Texastruck'r Thank this. -
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....."Nov. 3 (UPI) -- While higher than last year, a survey of U.S. exploration and production activity in October suggests the sector may go into hibernation during the winter."
I guess "hibernation" could cause a bit of a bite into supply causing prices to rise....?? While we are hibernating, the price of oil goes up......
""Over the coming winter we would not be surprised to see a continued seasonal flattening of rig activity as the holidays and the exhausting of yearly capital budgets tend to take a toll," Cowen said."Last edited: Nov 5, 2017
Reason for edit: Not Finished. -
Baker Hughes lists the current nation wide rig count as 60% higher than last year at this time!
Utah Ditch Thanks this. -
Gotta make 90k per year to make it worth it, I’ve been in ND 4 years now, 6 weeks here 10 days home. 4 weeks here 1 week home 5 on 1 off schedule
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