Sorry, we are out of meat. Truck driver shortage.This quote is hidden because you are ignoring this member. Show Quote
Sorry, we are out of meat. Truck driver shortage.This quote is hidden because you are ignoring this member. Show Quote
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.
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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.This quote is hidden because you are ignoring this member. Show Quote
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
The first employees to leave are the most valuable ones, because they are most valuable to your competitors as well.
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Is that why you are the last to jump ship ?This quote is hidden because you are ignoring this member. Show Quote
So true...This quote is hidden because you are ignoring this member. Show Quote
You must spread some Reputation around before giving it to killramos again.
Fuck that cuts deep. you and killramos are really hurting me this week. I'm going to need two cheap beers tonight to recover.This quote is hidden because you are ignoring this member. Show Quote
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I stand with you brother.This quote is hidden because you are ignoring this member. Show Quote
beyond.ca solidarity.
Love to see it.
Shouldn’t you be using your computer to order your new car?This quote is hidden because you are ignoring this member. Show Quote
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.This quote is hidden because you are ignoring this member. Show Quote
FtfyThis quote is hidden because you are ignoring this member. Show Quote
This quote is hidden because you are ignoring this member. Show QuoteThis quote is hidden because you are ignoring this member. Show Quote
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
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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.
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Location in Texas but they call it Wapiti A unit.
Original!