Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: waverider who wrote (9885)	3/25/2002 2:58:18 AM
From: TheBusDriver	Read Replies (1) of 36161

In a market melt down it will be worse VT. Oil Field Service is already in the shit due to low prices and low rig count, mostly in the US. Melt down would be the ole one, two blow. However if NG soars, unlikey with spring upon us all bets would be off. Let my trying to put in in context. As you know I manage a training department for my service company in Scotland. We cannot training enough people. We increased our throughput by 33% this year. Working ourselves to death. All kinds of additional advanced training for advanced tools, not just basic training. Our counter part in the US training centre is holding a school for just 6 people. I have 3 schools this year with 18 students each. Each school is oversubscribed to the tune of 25 engineers. So somebody will not get trained. Big difference between US and Europe right now......glad I am here. Wayne

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