Transocean

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Orindakid
Posts: 111
Joined: Wed Mar 09, 2016 8:01 pm

Transocean

Post by Orindakid »

I suggest you all to listen to the Transocean quarterly conference call, these deepwater companies are coming back from the dead. I am really excited about their prospects in the next 5 years.
https://edge.media-server.com/mmc/p/ywutkum7/

20,000 PSI equipment is really really dangerous and technically complicated and the have 2 rigs assigned to this in the GOM, so very lucrative if they do it well. When I was a service company guy (Dowell Schlumberger) we shit our pants at 5,000 PSI, but I'm am old guy!
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