Water dying off

Best of luck to those of you who are moving on. I'm hoping to stick it out for another 6 months at least. I feel very fortunate to still have work and I realize it could go away at anytime ......

 

Sure some guys are working. Its been slowing where I am at hauling water in south texas. Rates are being slashed and all the companies are trying to out bid each other. You can still find work but you need to search for the busier companies. The boom has bust and it aint coming back like it was a few years ago.

 

Same thing going on the the Bakken,The strong Large Companies will survive.

 

Good Luck TracyN

 

any idea how much have things slowed down in the bakken the last two months? (so april and may vs jan, feb, march). are things still getting worse? (i.e. june will be worse than may)

Thanks, just trying to figure out what's going on with water in the bakken. I figure the two strong players, MBI and Nuverra, might start lowering prices a lot to stay busy. Anyone know what's going on with big contracts?

 

I don't think it is about lowering prices, there just is not any work right now in water. No fracking, no big time water hauling. They are going to frack this month and in December (North Dakota law, they cannot sit on uncompleted wells indefinitely), but until the market changes, I think water will be slow for some time. Spoke to a guy that had been here 3 years hauling water and he left the area because it was so slow. Good luck.

 

Spoke with a friend this afternoon hauling frac sand south of san Antonio,,since February he has only been making $3-4K a week with his truck,,very slow ,,if frac-ing is slow so is water,,

 

I can't speak for ND because I'm in Texas, but down here it's the small players that seem to have slashed rates. The larger companies, being run by professional managers have dropped prices as low as they can go without losing money on each job. Meanwhile I've heard of small players doing just that, working at a loss just to keep some money coming in, and that is always a losing business practice.

 

I was working for Standard out of San Angelo and we completely died.. No work whatsoever. Select has almost all of the work, all the other ones are barely surviving. Had to move back to NV lol, fun times though, going to miss it haha.

 

MBI's problem is they refuse to cut rates beyond a certain point and are now hemorrhaging contracts because of it. Water died for MBI around February in the Northern Division to the point they closed a yard completely and consolidated all northern Ops in Ross (where over a hundred trucks sit idle every night).

I bailed to Crude Oil just in the nick of time, but that is dying a slow death now, too. My time has nearly come to bail out myself.