When deciding whether to add rigs and other large equipment to a fleet, contractors need to consider how much they can afford to pay, how to best structure the terms to leave some cash flow intact, whether to lease or buy, and a host of other questions.
At trade shows and in contractors’ offices, veterans talk a lot about the skills gap and the greying of the industry. Demo events, like one The Driller attended recently in Flint, Mich., can help.