Here’s hoping 2008 turns out to be as good as service contractors expect. Of course, oil service contractors are a notoriously optimistic bunch, having survived tough times in the 80s, the 90s — and having just come through the largest industry mobilization in three decades. To be sure, buoyant contractor expectations for 2008 follow closely on the heels of a year-end rush of activity as crude oil touches the $100 mark. In fact, 2007 oil prices finished up almost 45 percent for the year. That translates into unexpected revenue for oil and gas companies –– revenue that undoubtedly will work its way back into the field in a virtuous economic cycle.

 

 

Phillip Boren had known for a long time he wanted to be his own man –– to work for himself. But it took nearly 20 years of riding the ups and downs of the energy industry, a rollercoaster begun in 1985, before he got his chance. Along the way he worked for some well-known industry names and gained valuable experience. And when the opportunity came for him –– along with a few participants –– to form ProPetro Services, they set out with a clear vision augmented by Boren as CEO.