Comments on: Still drilling in Texas

By: Stephen Smith

Stephen Smith — Fri, 14 Nov 2008 17:24:08 +0000

I agree with the writer about the paper airplane analogy. There simply has to be a response to the precipitous decline in oil prices and the new “gas bubble. I think what we are seeing is just the fulfilment of projects that were already in the pipeline.

By: James Spencer Flournoy

James Spencer Flournoy — Fri, 14 Nov 2008 03:23:55 +0000

I think the state of Texas and its producers has it right to keep drilling! We all know the supply won’t be adequate in the years ahead without new projects continually being brought online.

By: tolulope fabunmi

tolulope fabunmi — Thu, 13 Nov 2008 12:52:57 +0000

interesting trend! strange things happen nowadays all over the world. Lets hope the trend is sustained all over he world at least that will keep people like myself in active jobs, because the trend has been a source of major concern to me that what will be the fate of drilling engineering when the price of crude goes down. it reminds me of the pre 2004 years when rigs were actually STACKED at Invergordon! but those rigs have all disappeared now. Hoping the rigs dont find their ways back to the place with the way the price of crude is nose-diving