A Wall of Honor for Trade Workers

A Wall of Honor for Trade Workers

Whether they’re drillers, toolpushers or derrickmen, front-line workers in the oil and gas field – like many skilled trade workers – are unsung heroes. They spend long, arduous days away from family, often in hazardous locations. Their daily grind is always expected, seldom celebrated.

Managing Oilfield Service Cost Inflation in a Tight Labor Market

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“Oilfield service cost inflation and access to quality crews might be a constraint for some. The challenge for E&P companies is most will budget revenues conservatively (to the strip) but the reality is costs could escalate to reflect closer to strip prices if activity levels increase more. At our $54/bbl price deck, we see 0-5% service cost inflation but at strip prices closer to 10-12% is probable. Some of these costs can be offset with drilling and completion efficiencies but that is likely limited to around 5%, on average.” - RBC

Quantum Energy Partners and Global Reserve Group Lead $15.8 Million Funding to Support Next Phase of RigUp's Growth

New Tax Benefits for Independent Contractors

Year-End Message from RigUp Co-Founder & COO Mike Witte

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