3/3 offshore

Author
Discussion

jamieduff1981

8,025 posts

140 months

Wednesday 11th February 2015
quotequote all
You're on a different planet.

dingg

3,986 posts

219 months

Wednesday 11th February 2015
quotequote all
jamieduff1981 said:
You're on a different planet.
thats funny - because I was thinking the same about you

try a couple of years offshore and see whether you'd want to give up your holidays then eh?



Parsnip

3,122 posts

188 months

Thursday 12th February 2015
quotequote all
I can see why people would feel a bit aggrieved about going from 2/3 to 3/3 - but its just the nature of the game. Even when the oil price picks back up from its current slump, the UKCS will still be one of the most expensive places in the world to get hydrocarbons out. If you think running extra crews and having more choppers in the air doesn't contribute in some way to that than you are a bit naive.

3/3 or 0/52 will be the question a lot will have to ask themselves - is the guy willing to do an extra week going to get the chop, or the guy moaning about equal time?


dingg

3,986 posts

219 months

Thursday 12th February 2015
quotequote all
creation racer - I don't use facebook - sorry

for all info

http://www.tradingeconomics.com/charts/commodity-b...


I worked through the 1986 slump - the price picked up , that goes for all the other blips downward too , note we dropped to less than $40bbl 2008 after hitting 150+ the same year (no calls there for rota changes wtd court case still ongoing ) , currently trading at $57bbl , what will we be once fracing starts to feel more of the pain - my bet is by year end upwards of $80bbl

the knee jerk reaction by those cutting rotas and holidays is simply that and should not be seen as an end to offshore crews holidays - we've worked hard to get them why roll over at first opportunity and give them away.

looking at some of the responses here its easy to see why the uk doesn't enjoy the same t and c as our Norwegian counterparts.

for info -

I work for a Norwegian employer and have done for 18 years on a 2/3 rota , some of my uk colleagues have been selected to go 2/4 (with some clawback admittedly) I don't see my rota changing anytime in the future , colleagues who go to Brazil for the co. enjoy a 3/6 rota (again with some clawback) . The co. makes money admittedly maybe not as much if people were equal time but it can be done (not acccording to you lot though) we have a very low turnover of personnel and low accident/incident rate.

Good luck guys - but when you get butt fked in the future and ask why - take a look in the mirror and there's your answer

Ciaranrb5

19 posts

110 months

Thursday 12th February 2015
quotequote all
I have worked in the industry for 10+ years.
I have gone from being equal time to 2 and 3.

On both occasions we took on no extra staff.
Being 2 and 3 made us desirable to work for so no issues getting staff.

Companies going back to equal time is badly thought out.

They will lose staff hand over fist meaning they loose experience which will result in more down time which in turn drives
the operating costs up.

Nexen are staying 2 and 3 as for BP and Shell etc no word of any change

jamieduff1981

8,025 posts

140 months

Thursday 12th February 2015
quotequote all
Nexen has a cash cow in Buzzard. The Talisman Sinopecs of the North Sea are losing money.

Nexen is in an usually good position for the region.

Ciaranrb5

19 posts

110 months

Thursday 12th February 2015
quotequote all
jamieduff1981 said:
Nexen has a cash cow in Buzzard. The Talisman Sinopecs of the North Sea are losing money.

Nexen is in an usually good position for the region.
Agreed Nexen have higher producing assets so have more cash

I work for Shell working with automation and control systems
They have some old assets to de commission and some newer more profitable assets.
Talisman, Taqa, Apache have old low producing assets where the lift cost is highest which is why the likes of Shell, BP etc
offloaded them in the first place. The work on a lot tighter margins


As for office staff.
Certainly the ones I deal with are a valued essential part of the company and every bit as important as the offshore
staff of the organisation.

If the oil is above $50 bbl things won't be so bad.

offshorematt2

864 posts

216 months

Thursday 12th February 2015
quotequote all
dingg said:
Good luck guys - but when you get butt fked in the future and ask why - take a look in the mirror and there's your answer
i'm sure many a coal miner took the same hardline stance while his industry crashed around him.

The reality is that declining production and ageing infrastructure is having a massive impact on North sea margins and the recent (and unexpected), oil price drop is exacerbating that. People have been talking about the majors leaving the North sea for years and while I don't think that will happen any time soon, the evidence of reduced inward investment is plain to see.

One of the main factors is that the infrastructure is already way past it's design life - and if you can't count on the pipelines and pumping platforms to tie into for the duration of your new field's life, then you'll be looking at building more from scratch, and that tips an otherwise marginal field over the edge. It always makes me frustrated when I hear folk saying we'll just leave it down there till it's economical - the fact is without continual investment the economics will rarely catch up as the workscope just extends exponentially. Field lives have been extended multiple times through work over, water injection and artificial lift. Ask yourself why a company would continue to spend millions extending field life of an asset producing oil at a loss?

When I came onshore, approximate lift cost for fag packet economics was $20. This is now sitting at around $70-80 in a lot of cases. I'm told one particular company was $113 last year. The only way to reduce this is to reduce costs and increase production. With ageing equipment, a spell of high rig rates and a general increase in every overhead , this is easier said than done. Can you see why the industry is fked? A lot of the operators hedged against drops and this is taking some of the pain out of the situation. I hope you're right with $80 by the end of the year (some industry economists agree with you FWIW) because if it stays low for a few years, I'm not sure Aberdeen will return to a boom period again regardless of price. Just a slow gentle decline (with minimal investment) into decommissioning over the next decades. And if you think conditions are bad for offshore guys now, think how bad they will be when there is no income from the field to balance the spend.

Comparing the UKCS with Norway is a fallacy in this day and age. The economic conditions and operator relationships are so different it's unreal. Norway made choices in the seventies which helped them build their industry the way it is; you can't take crew rotation in isolation without considering sixty percent of production is owned by Statoil which was a government owned company and is still two thirds in government hands (from memory). The rig rates in Norway have also been historically 50% minimum higher than the UK sector - contractors can absorb 2/4.

Rigs are being stacked now on both sides of the NS, some on full day rate as it isn't economic to try and continue to increase production in the current climate. The industry needs to make savings where it can. Contracts and subcontractors are being squeezed everywhere, not just the offshore guys. To think any different is crazy. It's not 'you' and 'us' - we are all affected by the situation. As an industry we need to weather it and hope the good times roll again.


westtra

1,534 posts

201 months

Wednesday 4th March 2015
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Is there a list of who is and who isnt going 3/3?

u25kr

Original Poster:

33 posts

138 months

Friday 13th March 2015
quotequote all
3/3 companies
Talisman
Apache, (Thuogh i am hearign rumours this may change)

2/3
BP
Shell
Taqa
Nexxen

Mike22233

822 posts

111 months

Friday 13th March 2015
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One of those 2/3's is in the process of changing to 3/3.

Hollowpockets

5,908 posts

216 months

Friday 13th March 2015
quotequote all
Worked offshore for 10 years on various formats. Don't see the big deal of 3/3, thought you lads were north sea Tigers? suck it up and adjust, everyone needs to adapt and the companies are doing so, your greed won't overcome this issue by sticking your head in the sand.

rotate



Edited by Hollowpockets on Friday 13th March 11:33

Mike22233

822 posts

111 months

Friday 13th March 2015
quotequote all
Hollowpockets said:
Worked offshore for 10 years on various formats. Don't see the big deal of 3/3, thought you lads were north sea Tigers? suck it up and adjust, everyone needs to adapt and the companies are doing so, your greed won't overcome this issue by sticking your head in the sand.

:roll:
I don't either. Considerably better position to be in than AD-HOC.

Robert Burns

909 posts

169 months

Friday 13th March 2015
quotequote all
Mike22233 said:
I don't either. Considerably better position to be in than AD-HOC.
I'm service engineer and I'm feeling it. Got a trip once a month was lovely. next 3 months for me are dead.

would be more than happy do a 3/3 but trying to get a tiffy job when i've been out of the game for 4 years is hard

rossybee

931 posts

257 months

Friday 13th March 2015
quotequote all
Hollowpockets said:
Worked offshore for 10 years on various formats. Don't see the big deal of 3/3, thought you lads were north sea Tigers? suck it up and adjust, everyone needs to adapt and the companies are doing so, your greed won't overcome this issue by sticking your head in the sand.

:roll:
Agreed.

Allandwf

1,755 posts

195 months

Saturday 14th March 2015
quotequote all
Robert Burns said:
Mike22233 said:
I don't either. Considerably better position to be in than AD-HOC.
I'm service engineer and I'm feeling it. Got a trip once a month was lovely. next 3 months for me are dead.

would be more than happy do a 3/3 but trying to get a tiffy job when i've been out of the game for 4 years is hard
YHM

hbzboy

444 posts

185 months

Monday 16th March 2015
quotequote all
Mike22233 said:
One of those 2/3's is in the process of changing to 3/3.
TAQA?



H3XHAM

4 posts

109 months

Monday 16th March 2015
quotequote all
3/3 is a dream rotation.. I worked on a pipe laying vessel near Britannia BLP from Nov 24th last year.. got home on Jan 31st then had 4 weeks off, flew to Holland for 4 weeks (currently here) for a course then flying straight up to scotland on 29th March to join another pipe laying vessel for another 4 weeks minimum offshore... Some lads don't know they're born, if there's work there grab it with both hands, it's not the time to be choosy.

bigeckfaetherigs

115 posts

130 months

Monday 16th March 2015
quotequote all
H3XHAM said:
3/3 is a dream rotation.. I worked on a pipe laying vessel near Britannia BLP from Nov 24th last year.. got home on Jan 31st then had 4 weeks off, flew to Holland for 4 weeks (currently here) for a course then flying straight up to scotland on 29th March to join another pipe laying vessel for another 4 weeks minimum offshore... Some lads don't know they're born, if there's work there grab it with both hands, it's not the time to be choosy.
Couldn't agree more

plynchy

67 posts

227 months

Wednesday 8th April 2015
quotequote all
And that's exactly why the lads that are on 2/3 will get fked over, loads of folk wiling to do their job on 3/3.

Lot of jealousy in this industry, you pick your trade, and that often dictates whether you will become service hand/ad-hoc/core whatever. Don't begrudge those on decent steady rotas, choices are there to be made.

For the list, Marathon have put all support crew and contractors on 3/3. Core Op's and maintenance staying 2/3, for now at least.