Welcome back to another monthly newsletter from your friends here at Rig Lynx where our only mission is to connect people…simple.
Top 5 Articles for November
For November we had over 25k article views, here we will cover the top 5!
News from Valaris, Pacific, Noble, Borr and Seadrill
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Market
WTI is sitting at $45.42 at the time of writing this, that is $8.00 up from where it was from our last newsletter on November 6th. This past month with the elections and now the Covid 19 vaccine introduction is driving a lot of speculation in the market, the price is holding steady, but we are on the heels of a possible 1.9-million-barrel output increase from OPEC+.
We feel that there will not be an increase, but time will tell, seems there is some trouble in the water between the Saudis and the UAE. We are sure that will be resolved but larger part of this question is, can the market take it? Not so sure about that one…
North America Rig Count was 382 on November 2nd, today it is 422, that is a 40 unit jump since our last newsletter. We have been asked is that a good thing recently, two sides to think about here, for the people needing jobs, it’s a good thing, for the market we are not sure, time will tell. Lot of activity and plans going into place for a recover.
The International Rig Count was 656 on November 2nd, we are down 46 units worldwide since the October 2nd count of 702. Baker Hughes announced it will start releasing the updated International Rig Count on the last working day of the first week of every month, current update will not be available until Friday December 4th.
Rig Lynx Community
We have added 69 new members since our last newsletter which brings our current member base up to 4,161 oil and gas professionals, we also added 120 new newsletter subscribers!
This is all due to you sharing the app with your friends and coworkers each day. If you haven’t invited any new people to join, its easy, just go to your settings and use the “Invite Lynx” option, this will allow you to send invites to people in your device address book and from your email accounts such as Yahoo, Gmail and Outlook. The larger we grow the community the more connected we become, as we have always said we are “Stronger as a team”.
Live Career Fair Stats
5 recruiting companies from around the world came on our stream and shared with us the people they were looking for, which regions they were working in and what projects they were currently staffing for.
7 sponsor companies in fields such as marine engineering, virtual reality, marketing, blockchain and social media came on and chatted with us about their projects and what their companies for the industry.
It was a great event; it was free to the public and we expect an even bigger turn out for next year as we will be making this a yearly event moving forward.
For our sponsor companies and anyone interested in joining for next year’s event below are the final stats from the live event.
The stream lasted for 5 hours and 34 minutes
We would like to thank all the companies that took part and our viewers that attended and if one person was able to get employment out of the event then the entire thing was worth it
Check out the stats here - Live Career Fair Stats
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We Are 3 Years Old!
In August of 2017 I picked up the mobile phone, opened up LinkedIn and started scrolling through the newsfeed. We were still in the middle of one the worst downturns we had been through in my 26 years, of course this was pre-covid, little did we know.
As I scrolled through the newsfeed, I saw multiple job posts from recruiting companies, major oil and gas companies and even some smaller networks all advertising jobs. I thought, how could this be? We are in the middle of a downturn and all of these people are hiring, I soon realized what was actually happening with these posts and it was also happening across Facebook, Twitter and every job board that was out there.
It wasn’t that they were looking for active roles, they were preparing for the upturn, which basically never came and all of these people that had hopes of finding work that had been through the thousands of posts all were losing confidence in networks that used to give useful information and now they found themselves being the cattle for these networks instead of being useful, they were the opposite.
I opened up my Skype and sent my friend a long message about how frustrating it was seeing all of this and basically nothing that anyone was really doing about it.
We did something about it…
Read about it here
Live Series
Kicking of our 3-year anniversary we are launching two new live digital series, Overtime with Ryan Ray and Talk The Tech, both of these are a contribution of the Rig Lynx team hard work and nonstop attitude to get you every possible tool to connect with people that can get you where you need to go.
Overtime and Talk The Tech
If you are interested in guest spots or sponsorships, then drop us an email at info@riglynx.com
Thank You
We are humbled with the attention and are giving back what this industry has given us over 25 years’ worth of great life with our families and friends, so we are going to give back as much as we can.
Make sure to subscribe to our website notifications, as we publish new articles and material you will get a notification straight to your PC or mobile device so you can catch them as they are fresh off the press.
Thanks to you all for visiting our website and using the application each day and from all of us here, have a great December!
Greg Williams - Founder
We are #1 on Google and Bing for the "Largest Mobile Energy Network"
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