takefootoff Posted November 9, 2016 Report Share Posted November 9, 2016 How soon, if at all...granted a certain campaign promise of "energy independence" is kept. Quote Link to comment Share on other sites More sharing options...
helonorth Posted November 13, 2016 Report Share Posted November 13, 2016 You can't make companies drill for oil. This whole thing is dependent on price. Drilling rigs stacked all over the world. Quote Link to comment Share on other sites More sharing options...
Wally Posted November 13, 2016 Report Share Posted November 13, 2016 $60 a barrel. Quote Link to comment Share on other sites More sharing options...
Azhigher Posted November 14, 2016 Report Share Posted November 14, 2016 PHI recently said they expect the price of oil to stay about where it is for a while. Not counting on it bouncing back by 2020 as they previously put out. Take that for what you will. Quote Link to comment Share on other sites More sharing options...
Fred0311 Posted February 5, 2017 Report Share Posted February 5, 2017 Anyone else noticing drilling rigs coming out of retirement? 1 Quote Link to comment Share on other sites More sharing options...
takefootoff Posted February 5, 2017 Author Report Share Posted February 5, 2017 Anyone else noticing drilling rigs coming out of retirement? http://www.theadvocate.com/baton_rouge/news/business/article_465e27c0-e4ba-11e6-8505-df995f1679c1.html Quote Link to comment Share on other sites More sharing options...
helonorth Posted February 6, 2017 Report Share Posted February 6, 2017 There is one thing, and one thing only, that will increase drilling: the price of oil. Quote Link to comment Share on other sites More sharing options...
helonorth Posted February 6, 2017 Report Share Posted February 6, 2017 (edited) It's not exactly something you would ever "notice". This is for the GOM as February 3.  US Gulf of Mexico  This Week Last Week Last Month Last Year  Total Supply 103 104 105 122 Marketed Supply 48 49 49 72  Total Supply 103 104 105 122 Marketed Utilization (%) 70.8% 73.5% 75.5% 68.1% Edited February 6, 2017 by helonorth Quote Link to comment Share on other sites More sharing options...
helonorth Posted February 8, 2017 Report Share Posted February 8, 2017  http://www.theadvocate.com/baton_rouge/news/business/article_465e27c0-e4ba-11e6-8505-df995f1679c1.html The Advocate knows about as much as PHI does as far as what's going to happen in the GOM: nothing. Quote Link to comment Share on other sites More sharing options...
r22butters Posted February 8, 2017 Report Share Posted February 8, 2017 Oil is the past, tear 'em all down and put up a wind farm! Quote Link to comment Share on other sites More sharing options...
helonorth Posted February 17, 2017 Report Share Posted February 17, 2017 (edited) The 2010 Obama administration moratorium stopped the issuing of new drilling leases (I believe existing drilling was allowed to continue, I could be wrong) in the GOM for 6 months after the Deep Water Horizon. The eastern GOM has never really been on the table but the rest of it has been open to drilling since Dec. 2010. The lease sales have drawn little interest since the price collapse two years ago. Oil companies with unexplored leased blocks have scaled back significantly on new drilling due to low prices. Other than for the 6 month period (and the few months it took to meet new compliance with spill containment) the western GOM has never been closed to drilling. There is nothing to "open back up". The before and after for the rest of the country: Edited February 17, 2017 by helonorth Quote Link to comment Share on other sites More sharing options...
takefootoff Posted February 17, 2017 Author Report Share Posted February 17, 2017 Ok ok....lemmie re-phrase "opening back up for business and/or increased production or whatever."Â The intent of the thread was to ask if pilots could expect jobs to open up in the GOM Quote Link to comment Share on other sites More sharing options...
helonorth Posted February 18, 2017 Report Share Posted February 18, 2017 Ok ok....lemmie re-phrase "opening back up for business and/or increased production or whatever."Â The intent of the thread was to ask if pilots could expect jobs to open up in the GOMI know what you asked and I know what you meant. What I'm trying to tell is your question requires a crystal ball. Quote Link to comment Share on other sites More sharing options...
Wally Posted February 18, 2017 Report Share Posted February 18, 2017 The GoM will never be what it was again, if it ever was. I'm reading that fracking tech is developing and driving the break even price of a barrel downwards, which will compete with conventional for a long time, I think. Perhaps offshore will become less expensive as well? I wouldn't look for an expansion soon, or in the next couple years. Quote Link to comment Share on other sites More sharing options...
METT-TC Posted March 7, 2017 Report Share Posted March 7, 2017 I talked to PHI's GOM Ops Manager today at Heli-Expo (and he also briefed a group of us at Heli-Success two days ago) and he stated-we also queried him on it just to confirm-they haven't hired any new pilots in his org for two years. TWO years. If some of what the current Administration wants comes into actual play, he expects they will see an uptick, but he doesn't expect it to spool for 12-18 months. For GOM to quit being depressed, he stated that economically, oil needs to sustain above $70 a barrel-sooo. That is just one operator, but they are a major one. Quote Link to comment Share on other sites More sharing options...
chris pochari Posted May 30, 2017 Report Share Posted May 30, 2017 Still need helos to get the wind turbines Quote Link to comment Share on other sites More sharing options...
rotornut67 Posted June 1, 2017 Report Share Posted June 1, 2017 I agree with Wally that the GOM won't ever be what it was a few years ago. When I left almost a year ago a lot of the operating companies were really downsizing. I flew on a couple of different contracts that once had 2 birds flying the loop and doing their crew changes, but had cut back to one bird. It was not uncommon to fly 7 or 8 hours a day, and on occasion we would not be able to get everything done because I would time out. The company was basically still flying the same amount of hours but with one less pilot to pay. I still stay in touch with several of the guys that I flew with, and they say they are still flying their butts off and that the company is still hiring pretty steady due to normal pilot turnover. I wouldn't look for a noticeable increase in new drilling until crude stays steady at around $70 a barrel for a while. But that's just my opinion. Quote Link to comment Share on other sites More sharing options...
chris pochari Posted April 23, 2018 Report Share Posted April 23, 2018 it should be picking back up, with brent now up to 75 a barrel.https://ihsmarkit.com/products/offshore-oil-rig-data.htmlRig utilization is over 70% Quote Link to comment Share on other sites More sharing options...
Little Bird Posted May 5, 2018 Report Share Posted May 5, 2018 Looks like a lot of the operators are posting for new hires. This is great news!! Quote Link to comment Share on other sites More sharing options...
takefootoff Posted May 6, 2018 Author Report Share Posted May 6, 2018 are these job postings on the respective companies websites? Quote Link to comment Share on other sites More sharing options...
Little Bird Posted May 7, 2018 Report Share Posted May 7, 2018 Phi's now down, Bristow's up still and Westwind's on Jsfirm Quote Link to comment Share on other sites More sharing options...
83Warrant Posted July 17, 2018 Report Share Posted July 17, 2018 What's the average starting pay at Era or PHI for a 1,000 guy with 500 turbine but no offshore time? Quote Link to comment Share on other sites More sharing options...
Fred0311 Posted July 18, 2018 Report Share Posted July 18, 2018 My friends at PHI tell me the airline rotor recruitment drive has had a big effect on them. 1 Quote Link to comment Share on other sites More sharing options...
WolftalonID Posted July 26, 2018 Report Share Posted July 26, 2018 Phi's now down, Bristow's up still and Westwind's on Jsfirm what do you mean down vs up? Quote Link to comment Share on other sites More sharing options...
WolftalonID Posted July 26, 2018 Report Share Posted July 26, 2018 My friends at PHI tell me the airline rotor recruitment drive has had a big effect on them.Yes it has...and that means more jobs open for those who meet hour requirements. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.