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The Water Cooler
General Discussion
Halliburton Closure in El Reno
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<blockquote data-quote="okietool" data-source="post: 3303286" data-attributes="member: 6030"><p>A lot of oilfield hands just aren't interested in relocating, if you look at companies like Halliburton and Schlumberger the have "camps" all over the world.</p><p>Oklahoma is mostly gas without a lot of liquids, that's not the most profitable right now.</p><p>Wells that take 25-30 days in Oklahoma are drilled in 9 in Eddy Co. NM. And they are liquids rich to the tune of around 100 barrels/per hour. Costs are about the same overall. Plus crude is easier to store than natural gas. </p><p>Service companies (like Halliburton) tailor their workforce to the needs at the moment, but, so does every other industry. </p><p>Retailers don't keep a Christmas sales staff all the time, a lot farmers hire extra help to harvest wheat, milo, etc.</p><p>For everyone laid off in El Reno there are still thousands working in other locations.</p></blockquote><p></p>
[QUOTE="okietool, post: 3303286, member: 6030"] A lot of oilfield hands just aren't interested in relocating, if you look at companies like Halliburton and Schlumberger the have "camps" all over the world. Oklahoma is mostly gas without a lot of liquids, that's not the most profitable right now. Wells that take 25-30 days in Oklahoma are drilled in 9 in Eddy Co. NM. And they are liquids rich to the tune of around 100 barrels/per hour. Costs are about the same overall. Plus crude is easier to store than natural gas. Service companies (like Halliburton) tailor their workforce to the needs at the moment, but, so does every other industry. Retailers don't keep a Christmas sales staff all the time, a lot farmers hire extra help to harvest wheat, milo, etc. For everyone laid off in El Reno there are still thousands working in other locations. [/QUOTE]
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Halliburton Closure in El Reno
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