As drilling professionals, we should encourage consistently safe behaviors from all drill crew members, tool pushers, foremen and even the company owner. One of the most effective ways to do this is to lead by example.
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.
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