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: Olaf Koch who wrote ()	3/6/1997 11:18:00 AM
From: DTET	of 95453

Hello Olaf, I've followed the oil patch for about 15 years as I was an electronics tech. for Schlumberger Well Services and Schlumberger Offshore. I now reside in Louisiana and almost all facets of the oil field have been ramping upward. No one and I mean no one wants to say the "B" word boom,but because of years of down sizing,consolidation and long lead times on equipment current equipment utilization rates have edged higher. As with years before this market really gets rocked by rumor and with ifs. Even the larger players play oil field rummor mill. I will keep in touch with my old cronies in the field, both land and offshore, and pass along any information I recive. Please take all information with a large grain of salt. Also as a foot note I bought Parker Drilling last 2-20 and its doing some wild things now. David Torbett

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