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#368 - Roe Patterson - Co-Founder @ Marauder Capital / Frmr CEO @ Basic Energy Services - Building & Investing in Oilfield Service Companies

The Fort

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Navigating Oilfield Downturns

This chapter explores the cyclical challenges faced by the oilfield service industry during downturns in drilling activity. It emphasizes the importance of cost management, workforce stability, and the retention of skilled labor amidst economic fluctuations. The discussion further highlights the personal experiences of workers affected by job displacement and the industry's struggle to maintain expertise in a competitive environment.

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