CHALLENGE FOR DRILLING CONTRACTORS CONTINUES INTO 1990S

Matthew R. Simmons Simmons & Co. International Houston The keys to success for the drilling contractor of the 1990s include: Financial prudence, in terms of demanding realistic returns from customers Resisting the urge to begin speculative rig building when conditions start to improve Avoiding the temptation to chase various foreign markets through costly rig moves without solid contracts.

In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

Subscribe

More in Companies