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Thread: $6.66/$4.44 barrel oil?

  1. #441
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    Quote Originally Posted by vengie View Post
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    *Waits patiently to make it rain with double meat subs*
    Sorry, we are out of meat. Truck driver shortage.

  2. #442
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    I seriously think that employee compensation will be the LAST thing to go up in this "not quite a boom" time.
    First is debt repayments and dividends to shareholders.
    Second is capital budgets
    Third is increased costs to service companies
    fourth is employee compensation.

    That's my guess.
    Quote Originally Posted by rage2 View Post
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    I almost shat myself after eating way too much at lunch with @killramos so ya, we can start the diaper thread now.

  3. #443
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    Unless you had a good LTIP/STIP in place and priced in the low times with focus on tying your subs to shareholder value you probably won’t be that happy.
    Last edited by killramos; 01-20-2022 at 12:15 PM.
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.
    Quote Originally Posted by Yolobimmer View Post
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    guessing who I might be, psychologizing me with your non existent degree.

  4. #444
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    Supplier here, we've already seen long term people jumping ship to new (better paying) opportunities. And it's not bench strength we are losing, it's the starting roster. Throughout the pandemic we relieved basically all non critical and junior positions and if some plans for employee retention aren't rolled out quickly it will only get worse. Unfortunately, I expect the first thing they will try is to slow roll the 2021 bonus payment from the end of Q1 to the end of Q2

  5. #445
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    The first employees to leave are the most valuable ones, because they are most valuable to your competitors as well.
    Quote Originally Posted by rage2 View Post
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    I almost shat myself after eating way too much at lunch with @killramos so ya, we can start the diaper thread now.

  6. #446
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    Quote Originally Posted by ExtraSlow View Post
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    The first employees to leave are the most valuable ones, because they are most valuable to your competitors as well.
    Is that why you are the last to jump ship ?

  7. #447
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    Quote Originally Posted by killramos View Post
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    Not enough oil in the world to pay for socialism.

    Case in point

    Venezuela
    So true...

    You must spread some Reputation around before giving it to killramos again.

  8. #448
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    Quote Originally Posted by redline View Post
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    Is that why you are the last to jump ship ?
    Fuck that cuts deep. you and killramos are really hurting me this week. I'm going to need two cheap beers tonight to recover.
    Quote Originally Posted by rage2 View Post
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    I almost shat myself after eating way too much at lunch with @killramos so ya, we can start the diaper thread now.

  9. #449
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    Quote Originally Posted by ExtraSlow View Post
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    Fuck that cuts deep. you and killramos are really hurting me this week. I'm going to need two cheap beers tonight to recover.
    I stand with you brother.

  10. #450
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    beyond.ca solidarity.

    Love to see it.

  11. #451
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    Quote Originally Posted by Buster View Post
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    I stand with you brother.
    Shouldn’t you be using your computer to order your new car?
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.
    Quote Originally Posted by Yolobimmer View Post
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    guessing who I might be, psychologizing me with your non existent degree.

  12. #452
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    Quote Originally Posted by killramos View Post
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    Shouldn’t you be using your computer to order your new electric bicycle?
    Ftfy
    Quote Originally Posted by killramos View Post
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    The AHS system is quite good.

  13. #453
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    It's been ages since I posted anything about USA DUC's, so here's a nice little analysis. They went down.
    https://www.mudrockenergy.com/post/duc-hunt
    91e5a9_0935f3bba05d4f51a89d3d54162af5a5~mv2.gif
    Quote Originally Posted by rage2 View Post
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    I almost shat myself after eating way too much at lunch with @killramos so ya, we can start the diaper thread now.

  14. #454
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    https://www.oilystuffblog.com/chart-stuff
    Fun location survey from near Pecos. Guy says it's proof that teir 2 and 3 locations are now the bulk of new drilling. I have no argument with that.
    zzz-delete-EOG Permian.PNG
    Quote Originally Posted by rage2 View Post
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    I almost shat myself after eating way too much at lunch with @killramos so ya, we can start the diaper thread now.

  15. #455
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    Location in Texas but they call it Wapiti A unit.
    Original!

  16. #456
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