Quote:
Originally Posted by Pooka
There are also jobs in the services business, which in the oil industry means Baker-Hughes or Halliburton.
Work like this is always interesting, but you are expected to put in a full days work for a full days pay. If you see these folks standing around it is usually because there is a safety issue that needs to be taken care of before they can continue.
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In the case of services people standing around, it can be due to many things. I went out on a wireline truck twice just for the experience. Both times when we arrived, the crew was buisy stripping pipe so that we could log the open hole. We leaned on the truck and watched. It was better entertainment than any ball game I've ever been to. The roughnecks are amazing.
The company I worked for, Gearhart is now owned by Halliburton, and yes, the services side is definitely the best side of the business. I was going great guns in it until the oil bust of the early eighties. We went from a 5,000 employee company to almost nothing in about six months. They were laying off about 250 every Wednesday.
If anyone reading this decides to jump into this business, make SURE you put aside a good portion of your paycheck as an emergency fund. It is highly likely that something will come along and slam the brakes on the domestic drilling business. It happens about every 20 or 30 years.