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.
We tend to worry more about scammers on the internet or thieves that might break in our buildings than the people we see every day who do our payroll. What are the signs?
Great drillers are like the heroic test pilots of the 20th century who helped build our modern-day space program. Great drillers and test pilots like Chuck Yeager share a common bond: instincts that allow for instant reaction. Those instincts came from a good foundation of learning, project experience and continued growth throughout a career.