Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: pz who wrote (15287)	3/18/1998 12:05:00 PM
From: Czechsinthemail	Read Replies (1) of 95453

pz, Your point about the mobility of rigs having a leveling or dampening effect on land rig rates is a good one. I've thought that the sleepers among the land drillers are likely to be those companies with the deepest drilling capacity because they should show the best long term natural gas prospects and because there are likely to be fewer rigs to compete with them. Another factor might be longer projects keeping their utilization high with less downtime between drilling jobs. Do you have a sense of which land drillers have the best deep drilling capacity as a percentage of their fleet? Thanks, Baird

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