There's no real demand for new rigs right now. In the downturn, though, the rig and rig equipment companies are making more labor-efficient rigs and equipment.

There's no real demand for new rigs right now. In the downturn, though, the rig and rig equipment companies are making more labor-efficient rigs and equipment. So when new rigs come online, they won't raise labor demand the way new rigs used to.