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Amerilat, LLC
Distance: 17.2 Mi9330 Lbj Fwy Ste 900
75243 Dallas -
Ats Drilling Inc
Distance: 188.8 Mi1111 North I H 35
78664 Round Rock -
Drilling Supply & Manufacturing
Distance: 213.2 Mi7301 US Highway 183 S
78744-7831 Austin -
Alltech Temporaries
Distance: 241.1 Mi7015 W Tidwell Rd Ste 106G
77092 Houston -
Atwood Oceanics, Inc.
Distance: 242.3 Mi15835 Park Ten Pl
77084 Houston
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Description
Chesapeake, which just last week said it would move 210 jobs out of its Charleston, W.Va., regional office, also is holding steady here. The company expects to slightly increase its local payroll as new wells come online, Wilson said. If there’s a silver lining in the downturn, at least from the producers’ perspective, it’s in falling prices for the services the companies buy, such as contract drilling and fracturing.
As oil and gas producers firm up their 2009 spending plans in response to lower petroleum prices, it’s clear the Barnett Shale is going to be a lot less busy. The number of drilling rigs working in the big North Texas natural gas field has fallen by more than half, from a peak of 214 in October to 97 as of Friday. And XTO executives suggest that could fall to as low as 90 in coming months. That means fewer wells, and nowhere is that more true than at Devon Energy, which announced that it expects exploration and production spending in 2009 to be less than half what it spent in 2008.