Oilpatch could lose 185,000 jobs, says report

[B00Mer]

Oilpatch could lose 185,000 jobs, says report

A new report says the Canadian economy could lose as many as 185,000 direct and indirect jobs related to the oil and gas industry in 2015, with most of the job losses being in Alberta.

"If oil prices continue to remain low, we anticipate additional reductions to spending and jobs before things start to turn around," said Carol Howes, the director of the Petroleum Labour Market Information (PetroLMI) division of Enform in a news release.

Enform tracks labour market trends in the Canadian petroleum industry.

Enform predicts the biggest impact would be on oil and gas engineering construction firms, which do most of the work on development projects, accounting for up to 75,000 jobs.

Support services, such as drilling companies which are also involved in exploration, would represent another 26,000 jobs.

Enform is also predicting:

• $31-billion reduction in capital and operational expenditures in 2015.
• $28-billion reduction in exploration and development in 2015.
• 20,000 jobs lost in B.C., 14,000 in Ontario in 2015.
• The outlook for 2016 is less certain, says Howes.

"What is clear is that the behaviour of oil and gas companies will be an important factor in determining actual job losses in 2015," she said.

"Managing labour costs in a time of declining oil prices through creative workforce retention strategies will become more critical in the months ahead."

source: Oilpatch could lose 185,000 jobs, says report - Calgary - CBC News

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That's a lot of food on the table and economy being pulled out of Alberta..

Wonder how the housing market will weather this, or will it be a repeat of the 1980's

 

[petros]

Could? It's back to work in the patches July 1st.

 

[Cliffy]

The upside is that maybe now they will start to take alternatives seriously. Alternatives are viable but as long as Big Oil has a strangle hold on the economy, little will be done to replace it. I see a whole lot of air cars in our future.

 

[B00Mer]

Could? It's back to work in the patches July 1st.

Yeah, after spring thaw and then jobs galore.. let's just hope the economy sputters along.. wouldn't want people to just give up so easily over a 6 month downturn.

I see a whole lot of air cars in our future.

Hydrogen.. has the distance and speed of a gasoline car.. people are not going to suddenly give up comfort or size and hydrogen is the best alternative.

It's an easy transition.

Ford Hydrogen fueled pickup truck

 

[petros]

The upside is that maybe now they will start to take alternatives seriously. Alternatives are viable but as long as Big Oil has a strangle hold on the economy, little will be done to replace it. I see a whole lot of air cars in our future.

Look in the mirror and you'll see an airhead existing because of big, medium and little oil.

 

[B00Mer]

Hydrogen Honda

 

[petros]

Yeah, after spring thaw and then jobs galore.. let's just hope the economy sputters along.. wouldn't want people to just give up so easily over a 6 month downturn.


.

EOR is going to explode in AB very shortly.

 

[B00Mer]

EOR is going to explode in AB very shortly.

That sorta reminds me of the movie Oklahoma. You know where cementing off the well was new.

 

[MHz]

A year ago there were cheers that this was to punish Russia, same events but no mention of Russia and no cheers. We really are quite stupid society aren't we?

That sorta reminds me of the movie Oklahoma. You know where cementing off the well was new.

You can't cement off a fracked well as the bottom of the hole is not closed.

 

[B00Mer]

You can't cement off a fracked well as the bottom of the hole is not closed.

Where did I say a "fracked well" idiot.

I just referred to new technology as did Petros.. now piss off.

 

[MHz]

Yeah, after spring thaw and then jobs galore.. let's just hope the economy sputters along.. wouldn't want people to just give up so easily over a 6 month downturn.

It would appear you are the idiot, on this subjects as well as all the other ones you post about. You best quality is you are consistent.

 

[B00Mer]

It would appear you are the idiot, on this subjects as well as all the other ones you post about. You best quality is you are consistent.

It's spring breakup in the West, the frozen earth in Western Canada thaws, turning dirt roads and drill sites into soupy messes.

I used to work for Big Eagle as a Water Hauler and Vac Hauler ...

(Yup that's me in my Red Smurf outfit)

So what is your experience on a Gas Rig MHz..

The province also has rules against leaving rutted ground and trenches in the soil.. so moving rigs is not allowed in most cases.

 

[petros]

Gotta use mats.

 

[B00Mer]

Gotta use mats.

Not where we went.. north of Medicine Hat and CFB Suffield.

Had to have a course about not touching suspicious metal objects.. LOL

They had me working days, and training at night.. my trainee called the military in to investigate a cap that fell off a water hose sitting on the road.

I quit that day and left him with the trailer and truck..

On that day I went OTR and promised to never do any Oil Rig work again.

Trail Blazer and Precision Drilling.

 

[petros]

It's the desert and empty. If rigging on producing farmland, gotta be on mats.

 

[wulfie68]

You can't cement off a fracked well as the bottom of the hole is not closed.

...And we see another wrong answer. The bottom of the hole is open in EVERY completed well. They are cemented off by pulling all the tubing (pipe from interior of the well bore) and then pumping cement above the producing formation. The key is you have to have your pressure equalized above and below the plugging point. If you want to get more technical, its all about hydrostatic head and applying Pascal's and Bernoulli's Equations.

 

[B00Mer]

It's the desert and empty. If rigging on producing farmland, gotta be on mats.

It was private land, cattle ranches...

I remember going down to the water hole with all the cow ****, and the guys tell me just think of it as water and grass. :lol:

 

[MHz]

It's spring breakup in the West, the frozen earth in Western Canada thaws, turning dirt roads and drill sites into soupy messes.

This is May, breakup is the last week of March unto the end of April.

I used to work for Big Eagle as a Water Hauler and Vac Hauler ...

That is a long way from working on the rig itself.

(Yup that's me in my Red Smurf outfit)

Dick suit when you put it on, tubby.

So what is your experience on a Gas Rig MHz..

5yrs building lease roads and leases, moved about 50 triples as the tow-cat, numerous years cutting seismic lines.

The province also has rules against leaving rutted ground and trenches in the soil.. so moving rigs is not allowed in most cases.

They repair the roads, moves are in the rain, try not leaving any ruts.

 

[Scooby]

The big energy companies are playing this up to drive down wages from the crazy high they have been on in the oil patch for several years. Time to sell the fancy toys and that over-priced pickup truck. Maybe be happy the NDP is going to raise the minimum wage, might be all you get now.

 

[MHz]

...And we see another wrong answer. The bottom of the hole is open in EVERY completed well. They are cemented off by pulling all the tubing (pipe from interior of the well bore) and then pumping cement above the producing formation. The key is you have to have your pressure equalized above and below the plugging point. If you want to get more technical, its all about hydrostatic head and applying Pascal's and Bernoulli's Equations.

The cementing you are talking about is for a dry-hole, all active holes have a tree left on top of the casing so they can come back
Like fuk, a single hole has steel all the way down and a plug at the bottom. A fracked well has the bottom of the hole going off horizontally, that is not the same as an oil well. You can run a fracked well dry, you cannot shut it down in the middle of production. Why do you thing the fracked areas are getting gas in the water wells?

Two tards at once, how special.