1887
Volume 36 Number 1
  • ISSN: 0263-5046
  • E-ISSN: 1365-2397

Abstract

Abstract

It has been said that when the oil and gas industry catches a cold, geophysical contractors get the flu, and the equipment manufacturers get pneumonia. This metaphor describes the leveraged financial impact of the periodic collapses in the price of oil. The oil companies cut back on exploration, and the contractors reduce the number of active crews. Surplus equipment is warehoused and the contractors stop buying hardware altogether. Why buy gear when you have it on the shelf?

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/content/journals/10.3997/1365-2397.n0064
2018-01-01
2024-04-26
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References

  1. Crice, D.
    [2014]. A cable-free land seismic system that acquires data in real time. First Break, 32 (01), 97–100.
    [Google Scholar]
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  • Article Type: Research Article
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