With Bakken Shale drillers experiencing recent drops in oil prices and
feeling the crunch, what's happening to oil field workers? While companies
push workers to 'more quickly complete' drilling wells, what happens
to safety? Injuries increase with production going beyond the speed of
Author Matthew DiLallo, a Senior Energy and Materials Specialist with The
Motley Fool writes: "The advantage of building a drilled uncompleted
wells (DUC) inventory is that it enables these companies to
take advantage of cheaper rig rates and service crews to put themselves in a position to take advantage of a future improvement
in the oil price. Both companies can
more quickly complete their DUC inventorywhen prices improve, enabling them to seize that upside." (Drilling,
but not completing the fracking process)
With Bakken oil field drilling companies experiencing cuts in production,
"some workers say plunging oil prices have put pressure on companies
to cut corners on safety...[large oil companies] involved in workplace
injuries and deaths pay their employees speed bonuses
at the expense of safety".
Safety is a principled companies first priority. However, profits usually
take precedence, with safety being a lower priority in some companies.
Therefore, when pushed to work faster, injuries occur. And, when workers
die in the Bakken oil field,
top oil companies rarely bear responsibility
Don't become a victim. If you sustain injuries working in the Bakken
contact us to receive the compensation you deserve. Odegaard Braukmann Law Firm services
Billings, Montana and other communities in the area.