Originally Posted by
Powderkeg
We’ve all yet to see an LOA but someone on the scheduling committee told me (a while ago) the agreement was “UP TO” 4% hold back. That means the union can opt to hold back 4% OR award some extra lines and reduce the holdback to prevent unstacking and increase the number of quality lines.
Good to know. That’s why I said assuming 4%. Makes sense of Mr Hyde’s last statement. The unstacking % is going to determine a lot. That’s thier leverage. The 4% is ours. Either way I don’t see daily opentime being much different than today. It’s driven by sick,117, pjp, cancellations, and non split drops after a few days being live. All of which maintain rig. The split folder is the killer.