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It is worth pointing out that it is the exploratory, fracturing and 'setting up' of a well that demands the most work and labor. Once they're pumping, you don't
by cdibona 10y ago
It is worth pointing out that it is the exploratory, fracturing and 'setting up' of a well that demands the most work and labor. Once they're pumping, you don't need nearly the same amount of help.
After the pricing downturn, the number of exploratory/new wells and re-fracturing of old wells declined remarkably, so it's not like they actually 'need' as many people on the oil field. If oil goes back above, say 60$/barrel you'll start seeing more hiring/exploration in ND. Right now they can profitably pump extant wells, but new wells will wait for demand...
- maxerickson 10y agoThe article is about drilling roles being reduced though, so those future wells will come with less jobs than new wells required just a few years ago (article claims 1/3 to 1/2 of jobs will not be there on new wells).