We tend to overlook half the population when recruiting for entry-level field-services roles, and that is something we can't afford to do when the labor market is this tight.
Finding skilled and qualified labor has always been one of the most daunting recruiting challenges. However, there is an under-tapped labor pool — armed forces veterans.
We spend a lot of time in this space doling out advice on how contractors can do their jobs better. Now I want to flip the script and hear from readers: What advice do you have for us?
Contractors who expect and plan for the unexpected — who plan from day one for extended periods of business hardship — are the ones who make it past that critical five-year mark.
Recessions are hard on the drilling industry, and while no one emerges from the fallout unscathed, there are ways to plan for the next recession (and it is coming!) and keep your head above water.