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Where has the oil money gone
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<blockquote data-quote="eyexer" data-source="post: 245873" data-attributes="member: 315"><p>Some segments of the oil industry here are slowing down greatly. A lot of wells are going to be delayed as far as fracking goes. Still drilling but fracking has slowed greatly. Of the eight haliburton frac crews only one is working right now. Haliburton just announced a 500 million dollar reduction in their original budget for this year. Gas gathering is killing us right now. They have gotten seriously behind the curve again. It'll take a hell of a lot of work to catch up and be able to increase their gathering capacity for the gas.</p></blockquote><p></p>
[QUOTE="eyexer, post: 245873, member: 315"] Some segments of the oil industry here are slowing down greatly. A lot of wells are going to be delayed as far as fracking goes. Still drilling but fracking has slowed greatly. Of the eight haliburton frac crews only one is working right now. Haliburton just announced a 500 million dollar reduction in their original budget for this year. Gas gathering is killing us right now. They have gotten seriously behind the curve again. It'll take a hell of a lot of work to catch up and be able to increase their gathering capacity for the gas. [/QUOTE]
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