North Dakota Oil Boom Vol: Present day Gold Rush

[dman14]

so where do u actually apply? do you got to the state job site or different companies?
not really looking, but always open to learn about it

 

[airweezy03]

Back in Midland,tx its growing like crazy. Most of my friends are in the oil business or somehow connected to it. One of my friends welds tanks makes about $75,000. and only works 7-5, 6 days a week. He just bought a house too. You can make alot of money but housing is a *****. Rent is stupid high.

 

[Trent Reznor]

Back in Midland,tx its growing like crazy. Most of my friends are in the oil business or somehow connected to it. One of my friends welds tanks makes about $75,000. and only works 7-5, 6 days a week. He just bought a house too. You can make alot of money but housing is a *****. Rent is stupid high.

Did you type this correct? If so, working 6 days a week 7-5 for 75 grand isn't anything great.


I always thought housing in TX was relatively cheap, comparing to the east coast of course. I remember about 7-8 years ago when Wells Fargo opened a hub down there I was checking out housing and you could get a mcMansion in some parts for 150,000.

 

[ecruteakcityboy]

I applied for Halliburton and couldn't get in .

I heard that Midland life is crazy right now. Also I heard there are deadly wrecks weekly over there.

 

[rrlegend]

I applied for Halliburton and couldn't get in .

I heard that Midland life is crazy right now. Also I heard there are deadly wrecks weekly over there.

Really for which location ?

 

[ecruteakcityboy]

Really for which location ?

Fort Worth as a dispatcher. I think it was Halliburton or it could have been Weatherford.

 

[nazdrowie]

[h1]  [/h1]
Interesting read...

6 Things a Flowback Supervisor Who ‘Grossed 6 Figures the Year I Turned 20′ Revealed About Work in the American Oil Fields

Sep. 20, 2014 11:38am Zach Noble

The U.S. is slated to be the top oil-producing nation in the world this year, thanks largely to the brave souls drilling throughout the Great Plains states.

On Friday, one of those souls (under the username Wyojones) took to Reddit for an “Ask Me Anything,” sharing details of his life working as a flowback supervisor in Wyoming and Colorado — and how he earned six figures the year he turned 20.
[h5]1. You can make money right away — if you’re willing to work.[/h5]
“Average is a 12 hour shift with 2-3 hours paid drive time to get from the hotel to job site and back,” Wyojones said of jobs in the oil fields. “Overtime after 40.”He said it doesn’t take specialized skills to get an entry-level job. “It’s s labor job, and at the lower levels labor is what gets you in,” Wyojones wrote. “And the lower levels still pay a couple grand a week.” Asked for some more specifics on starting pay levels, he wrote, “$1,500 a week is pretty decent.
[h5]2. Most new guys don’t make it one year in the oil fields.[/h5]
“It’s hard work but the opportunity it can give you is fantastic,” Wyojones wrote. “If you don’t want a career from it save for a couple years then pay your way through school with no debt. It can be easy to get in, but I see probably 80% of new guys not make it a year.” Other Reddit users chimed in, saying that many new hires aren’t used to working 80-hour weeks or the “brutal” Great Plains winters.
[h5]3. The work is dangerous…[/h5]
“Big explosion hazards, environmental spills, toxic gasses and materials, heavy equipment, and driving while tired” are just some of the dangers he faces at work, Wyojones wrote. “There are very strict safety standards in place and I’m responsible to make sure my crew abides by ask the rules. Oh and H2S. S**t’s nasty.” H2S, or hydrogen sulfide, is corrosive, flammable, explosive and poisonous.
[h5]4. …and the money’s dangerous too, in the wrong hands.[/h5]
Wyojones and other users shared stories of guys who earned tons of money working in the oil fields, only to blow it on new houses, cars and parties in Las Vegas. Wyojones admitted that he hadn’t saved as much money as he should have, and shared some of his biggest regrettable purchases. “I dropped 8k on guns one day,” he wrote. “I’ve spen[t] 5k for a single nights party.”
[h5]5. North Dakota’s not all it’s cracked up to be.[/h5]
Wyojones, who alternates between work in Colorado and Wyoming, had a few choice words about North Dakota, the center of the Bakken Shale boom. “F**k North Dakota,” he wrote. He admitted that, “It’s more money and easier to get started up there,” but he said, “I’ll take 20k less a year to stay out of that state.”
[h5]6. The oil fields are “the last true meritocracy.”[/h5]
Out in the fields, there’s little room for politics, nepotism, favoritism or the other games that can characterize office work. “I think the oilfield is one of the last true meritocrac[ies],” Wyojones wrote. “You can’t sweet talk your way out of burning down millions in equipment or spilling hundreds of gallons of oil on the ground.”

http://www.theblaze.com/stories/201...vealed-about-work-in-the-american-oil-fields/

 

[fontaine]

This is the main reason why oil prices are so low...

I wonder what effects this will have on the Saudis...

 

[wayniac211]

Good find OP. Relaying to my bro in law who just got out after a bid and has a **** load of experience with labor work

 

[jordman23]

Any update fellas? I also moved from the Northeast to the Dallas area. I would be interested in exploring that oil field option. Want to hear some feedback.

 

[chandler6008]

This is the main reason why oil prices are so low...

I wonder what effects this will have on the Saudis...

Actually the oil prices are low because the saudis are pumping it out at 20/bl and still making profit

 

[fontaine]

Actually the oil prices are low because the saudis are pumping it out at 20/bl and still making profit

http://www.bloomberg.com/news/2014-...gest-oil-producer-after-overtaking-saudi.html


America just recently took over as the leader in oil, doe.

because fracking.

 

[chandler6008]

http://www.bloomberg.com/news/2014-...gest-oil-producer-after-overtaking-saudi.html


America just recently took over as the leader in oil, doe.

because fracking.

Your right , but its a combination of both. 

 Four things are now affecting the picture. Demand is low because of weak economic activity, increased efficiency, and a growing switch away from oil to other fuels. Second, turmoil in Iraq and Libya—two big oil producers with nearly 4m barrels a day combined—has not affected their output. The market is more sanguine about geopolitical risk. Thirdly, America has become the world’s largest oil producer. Though it does not export crude oil, it now imports much less, creating a lot of spare supply. Finally, the Saudis and their Gulf allies have decided not to sacrifice their own market share to restore the price. They could curb production sharply, but the main benefits would go to countries they detest such as Iran and Russia. Saudi Arabia can tolerate lower oil prices quite easily. It has $900 billion in reserves. Its own oil costs very little (around $5-6 per barrel) to get out of the ground.

http://www.economist.com/blogs/economist-explains/2014/12/economist-explains-4

it is also collapsing the russian economy and hurting iran and venezula aswell  which are not allies to the usa and saudis 

 

[fontaine]

Your right , but its a combination of both. 

http://www.economist.com/blogs/economist-explains/2014/12/economist-explains-4


it is also collapsing the russian economy and hurting iran and venezula aswell  which are not allies to the usa and saudis 

I read some lady talking about "Getting at Putin was the main reason"

I never wanted to slap someone over the internet so bad.


In my opinion.. As soon as the efficient energy gets more mainstream (which may take awhile w/ the abundance of oil we can extract now), then Saudi will just dwindle away.

I always feel like the motor industry, airline industry, major oil and gas companies... any one that leans on oil....

have MAJOR lobbyists slowing down the advancement and investing in cleaner and more efficient energy sources.

I think as soon as THEY can capitalize on it, then things will open up, and it will cause an ever slower death to the Saudi economy.

 

[treystylezpopz]

I know I could do it. Don't wanna move that far because of my son.

 

[rrlegend]

I know a lot of companies are pulling out of North Dakota and Montana . Also more mergers are coming ( nabors , c&j, and etc) .
But those looking for work don't worry theres work in the south Texas shale for the next 30 + years , same with midland Odessa area.

 

[iDon’tRead]

I thought low gas prices is because of Christmas coming ?

 

[rrlegend]

I thought low gas prices is because of Christmas coming ?

Naw just producing more now , but prices will go back up around summer of next year if not sooner

 

[thenewjs23]

I thought low gas prices is because of Christmas coming ?

Been said why gas is so low. Some claim it was because the elections and some claim that its because we are producing more. We've been producing more for a while now.

The bottom line is that Isis in flooding the market with black market oil. This summer there was a tanker just outside Houston with 500 million gallons of oil for sale. it's gone now. There are milions of gallons of black market "kurdish" oil coming through the Houston Ship Channel right now.