RE:FeesSurprisingly service costs are still getti
g cheaper at the moment , however they will rise esharply by next fall as the reality of shortage of skilled service hamds will undoubtedly push prices higher if the patch makes a big comeback.
it's at the point right now that all company's can make
jobs amd have enough skilled men and women but if the rig count climbs another 20-50% prices will
go through the roof for services as they will call it pay back time
for the last six years of declining cut throat prices administered by the oul company's ... so although oul and gas may rise , materials , services and land rise with it ... I think the equilibrium ypu see now is the best balance of profits an
eamd p company is
gonna make..... it's still not flat out out here .... but busy enough that we all eat well... but finding rig crews and great drill rigs is getti
g harder allready ....