In the longer term, there are significant factors that are going to affect the operators and to a large extent the service industry.
More Quotes from Andrew Gould:
This will result in wells that will make a substantial improvement in the recovery factor just because they are absolutely in the proper place within the reservoir for the purposes of drainage.Andrew Gould
(Producers') plans have already been put in place to achieve this, but it will take several years of sustained activity to develop the new production that can reliably replace today's supply.
Andrew Gould
Will the industry outsource more? I think it depends on the client base.
Andrew Gould
Severe winter weather in the Russian and Caspian geo-markets curtailed activity significantly for a three-week period in January.
Andrew Gould
I think that in the near term the only threat to demand is some form of recession here in the United States.
Andrew Gould
I don't know the time frame exactly, but it's clear they're all going to want to start spending money again.
Andrew Gould
Readers Who Like This Quotation Also Like:
Based on Topics: Business & Commerce Quotes, Service QuotesWe citizens don't need to know every detail of every military operation in this new kind of war. Nor should the media tell us and hence our enemy.
David Hackworth
I don't think anything is unrealistic if you believe you can do it.
Richard L. Evans
We humans have millions of years of evolutionary baggage that makes us regard competition in a deadly light.
Vernor Vinge