Chicken little here! Our industry is in this “real” recession and it is unreal with the sheer volume of layoffs. BP with 10K Chevron with 4000. Halliburton with thousands. OXY, Anasarko, And dozens of others operators and service companies in the US! It’s unprecedented.
Let’s be honest on this board. Gonna call it out, our new formula will have layouts if we can survive this oil and gas recession!