Drilling Reality - How much does POU save....Fox Drilling Fleet Link Paramount has their own drilling rigs and their own drilling crew.
Paramount has paid for drilling righs and drillers that are on staff.
So they don't have all the costs of operating a public company associated with the drilling wells for clients, they drill them for themselves. With their own people and their own process for repeatable quality and success.
There must be a driller out there, if you own the rigs out right and all the people work directly for you how much do you save in drilling costs.
10%, 20%, 30%,40%
Do you get a lot more value because it your own people, and they are likely working in the same areas, and would be better at following your company process.
Is there a driller out there that could provide us their opinion.
IMHO
MHP