Workforce: Rigzone has an interesting article on workforce in US shale sector. Some data points:
- after the huge layoffs in the oil sector, now that operators need them back, the workers are increasingly harder to come by
- DUCs: between March and April, the number of DUCs increased in the US by 187
- that's part of an increase of 529 DUCs since the beginning of the year
- April, 2017: records the highest number of DUCs since April, 2014 -- five months before the generally accepted "beginning" of the downturn
- DUCs
- April, 2017: 5,721
- April, 2016: 5,452
- April, 2015: 5,303
- April, 2014: 4,063
- analysis: it will take awhile (months, quarters, not weeks) to whittle down those DUCs) and the loss of workers during the huge layoffs will delay things
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For The Archives
Since I don't have BNSF to follow any more. Note: this is only the past week:
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