Finding work in the oil & gas industry can be a long, painful process. Even as an experienced service provider, hours of time and effort can be spent searching through generic job board postings with little luck. We understand the difficulty and frustration that comes with the job search, which is why we’ve created the RigUp platform to help your oil and gas job search.
RigUp is driven to be the one-stop shop for the oil and gas industry. Whether you’re a skilled professional looking for work or you’re looking to hire, we have a passion to deliver quality tools and resources for our users. Doing so requires us to be constantly re-evaluating, re-inventing, and innovating our platform, which leads us to our latest development: the in-app messaging feature.
“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
We often find that contractors and consultants are NOT fully aware of the ‘take rate’ that they are being charged by their oilfield consulting firm, nor the benefits (if any) they are receiving in return.
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