Drilling Business Insights

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Raise your hand if you like profits. I bet everyone has their hands up. But do you really understand what profit is, why you might have losses or how to read an income statement?

Sean Ryan, owner and president of American Drilling Inc. in Pensacola, Fla., founded his business in December 2015.

Let's talk for a minute about the life blood of a small contracting firm.

It's often said (though not necessarily true) that a shark has to keep swimming to breathe. I think about education in the same terms.

It is critical to the health of our team to remember why we are drilling water wells, why we are conducting pump tests, why we are fixated on well development, and why we are insisting that the project be executed perfectly.

What does your business disaster plan look like?

A "one-strike" policy can keep employers from limiting their hiring options.

The weather, gas prices and the moods of a young child all have one thing in common: uncertainty.

Since taking over the family drilling business in 1992, Danny Flynn has watched Flynn Drilling Company grow from just over 20 employees to around 50.