Ouch. Whose rig? Yeah, Schlumberger is everywhere
Everyone is kinda holding their collective breath. At these prices, there's of course industry-wide adjustments - long over-due - being made. We're hoping for something around 50-70 in order to continue to justify recently reduced day rates. Current prices might sustain some contractors, but many will continue to stack their rigs. For the most part, people around here are optimistic though that prices will see an increase, probably after some decline during the first 1/4.
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