Thread regarding Baker Hughes layoffs

Oil & Gas UK confirm massive Investment flowing into North Sea and production is at highest level in 8 years

https://www.ft.com/content/d91b0184-90ec-11e8-bb8f-a6a2f7bca546

Investment is starting to flow back into the basin, with companies preparing to plough £5bn into new capital projects this year, said Oil & Gas UK, the industry trade body, in March. Wood Mackenzie, the consultancy, said it expected production from the North Sea to average close to 2m barrels of oil equivalent a day this year — the highest level since 2010.

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| 855 views | | 8 replies (last July 31, 2018) | Reply
Post ID: @OP+UpPlPDG

8 replies (most recent on top)

Aberdeen, truly the oil capital of the world.

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Post ID: @1zmg+UpPlPDG

Good DDs could drill it from BoD. Of course no offshore premium but the food would be better and you're still around for Friday afternoon social.

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Post ID: @1nkz+UpPlPDG

With good DDs it could drilled from offshore

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Post ID: @1yuj+UpPlPDG

Not necessary for good directional drillers

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Post ID: @ttw+UpPlPDG

Popped in past the Malmaison for a drink after work and talk there between the oilfield guys was of a huge potential for shale gas and oil under Trumps golf course in Balmedie. Trump OIl & Gas anybody?? Would he get a permit to drill and Frac Wells there ?

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Post ID: @hae+UpPlPDG

Fancy cars . Aye all on tick

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Post ID: @aqf+UpPlPDG

Awesome news and will be great for the property market to take off again

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Post ID: @rvj+UpPlPDG

Great and really positive news for Aberdeen. I am going to move there as I can get a much better paid job. Everybody runs around in fancy cars up there and I want a piece of the action

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Post ID: @tou+UpPlPDG

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