Randy Foutch

We found 1 article in which Randy Foutch said something. The most recent Randy Foutch’s quote is: “We did the same thing we always had done. We were well hedged and moved what debt we had out seven years. We didn't have short term debt…we were able to cut from nine rigs to three in a matter of months.”. In addition, all sources we refer have quoted Randy Foutch 3 times. On this page, you will find all of Randy Foutch’s quotes organized by date and topic.

Randy Foutch quotes

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I think what you're seeing is the shale play was totally without majors. I think part of my problem is we've seen too many times where there was a double dip. I don't want to be a pessimist but we're relying on OPEC and it's in their best interest to cut production, and we're relying on them. We've taken the United States from being [oil] dependent to having a huge amount of supply in a short amount of time.

We did the same thing we always had done. We were well hedged and moved what debt we had out seven years. We didn't have short term debt…we were able to cut from nine rigs to three in a matter of months.

I don't think it's a question of getting back to the rig count we had. I would suggest we expand our activity more dramatically.

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