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22min chapter
#368 - Roe Patterson - Co-Founder @ Marauder Capital / Frmr CEO @ Basic Energy Services - Building & Investing in Oilfield Service Companies
The Fort - An Entrepreneurship Podcast
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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