More Warnings of Skill Shortage and Idle Equipment from USA

This is just a quick mention of the ongoing warnings about skill shortages that might affect oil and gas production of the future. In addition we have US operators pointing out that idle equipment can easily go from standing ready to not fit for purpose.

With booming oil and gas prices there is never enough skilled people or specialist machines. Cautious estimates are saying prices will rise in the next 12 months, but will the lag in ready people and machinery then increase costs?

Reuters Article July 2016

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