<Senate Foreign Relations Cmte: "The Hidden Cost of Oil" The Oil Drum Saturday Open Thread>

262 comments on From an Insider: Rig Prices, Rig Depth, and How to Get a Job

Comments can no longer be added to this story.

| Show without comments | PDF version

Leanan on March 31, 2006 - 1:46pm Permalink | Subthread | Parent | Comments top
FWIW, Rockdoc over at PO.com (I think he's a petroleum geologist) said shortages are afflicting the entire industry:

Middle East (Saudi, Qatar) are paying top dollar for pretty much anyone breathing to work in the oil/gas fields and on rigs

Tubulars are in high demand. Mill runs are now 7-8 months out

Rigs both offshore and onshore are in short supply, rig rates have nearly doubled in the last year. Most rigs are now on long term contracts.

Apparently the McDonalds in Fort McMurray had to close because the tar sands were employing pretty much everyone...they can't get burger flippers.

Comments can no longer be added to this story.
geewiz on March 31, 2006 - 8:18pm Permalink | Subthread | Parent | Comments top
Sounds like the illegal immigrants have a place to go! flipping burgers and etc.
Comments can no longer be added to this story.
Big Gav on April 2, 2006 - 8:19am Permalink | Subthread | Parent | Comments top
From:
http://thefraserdomain.typepad.com/energy/2006/04/peak_oil_a_shat.html

"As Fort McMurray's population has increased to 61,000, from 33,000 in 1996, housing has become in such short supply that the average mobile home now sells for $277,000 and people are renting couches for $500 a month

The crowding and labor shortages pushed Canadian Natural Resources to build a jet runway long enough to accommodate Boeing 737s to allow workers to commute to their giant new Horizon project. Shell Canada has built a giant pipeline to transport diluted oil sand bitumen hundreds of miles south to a new upgrading plant outside Edmonton. "

I don't think too many illegal burger flippers can afford to fly in / fly out - or pay $500 a month to sleep on a couch...

Comments can no longer be added to this story.
Leanan on April 2, 2006 - 11:06am Permalink | Subthread | Parent | Comments top
Holy Heisenberg.  A quarter of a million dollars for a mobile home?  And I thought real estate prices were bad here...
Comments can no longer be added to this story.

262 comments on From an Insider: Rig Prices, Rig Depth, and How to Get a Job

Comments can no longer be added to this story.

| Show without comments | PDF version