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making money on oil and gas

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  #11  
Old 07-07-2007, 11:59 AM
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Damn it man. Only well's I've worked that deep are in the Gulf of Mexico. I have been involved in the Russian Sakhalin Island project for the last few years. Those well are going to set world records at 40k+. You should see the wireline unit built for the project. Looks like a coiled tubing unit. :eek: South Texas has some deep wells but mostly around 18K. Barnett Shale wells are usually 15-18k.
 
  #12  
Old 07-07-2007, 02:36 PM
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Originally Posted by DieselMinded
Tesoro Petroleum 79.17%

Damn They must of been getting ready to file bankruptcy
I have done a lot of work for Tesoro. The reason they profit so much is because they limit maintenance to the absolute must do stuff, and then they farm it out to the low bidder. Lots of Rats work in their refineries. Union Contractors have a rough time getting alot of the turnaround work cause they just don't want to pay. They can contract in Rat companies who pay their guys $12-18 per hour with no benefits.

Also, they make every attempt possible to screw over their employees. Last time I was in the Anacortes, Washington plant, their was a strike vote going up because Tesoro wanted to cut the employee benefit package and destroy the retirement. No wonder they keep posting record profits. A bunch of F***ing crooks, thats what they are. They charge the consumer absolutely insane prices, and try and cut pay and benefits for employees. And they claim that the prices reflect costs? Ridiculous.

Sorry. Thats my rant.
 
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