Clear your locker. Say good bye to your coworkers. Get your networking, contact list ready because you will need it. It had been nice working along with yall. Free at last. God bless!
The industry will eventually turn around
S. shale had already been in serious decline as West Texas wells aged and the gush of the shale revolution. Now, with the oil price crash, the Permian Basin has been burdened with bankruptcies and tens of thousands of fired and furloughed... — read more
HAL ARROGANCE
May be their downfall. All of the Millennial Baroid Mgmt will see that the HAL way May be the wrong way. Look at their market share and you will see this now
Kilgore
The HR conference call is coming, just wait.
Why do it like this?
Why are people being escorted out like common criminals? What are they achieving with that? How hard is it to show some humanity and do this is a way that helps people preserve their dignity? This company does many things wrong, but this takes the... — read more
Layoffs ending by Beginning of May
Well according to that email layoffs will be done in about 2 weeks. Hold on to your butts people. Looks like the last wave is on the horizon and then maybe all clear for a bit.
NAL Consolidation
Heard today that Denver office will be closing down. Accounts are to be covered out of HQ.
May 4th Furlough Ends, When does work FH end?
May 4th Furlough Ends, When does work From home end? I know it has to follow the city and right now is hard times (price of oil) but we still have to be safe with our health. Any ideas?
Laurence Pope message.
So LP announced the end to the NB furlough by may 4. Quoting him here: 'On May 4, the North Belt campus furlough exercise will end. '. An exercise????? is this a F—ING joke???? People are not getting payed during their week off and probably... — read more
So how does our severance affect receiving unemployment?
In Texas say we're offered 8 weeks of severance pay does that mean you have to wait 8 weeks to start receiving unemployment benefits?
Williston, ND ‘SLB’ on Chopping Block-Rick Springs Next
Schlumberger-SLB-Rock Springs yard will be next for ax beginning Friday thru-4/30 end of mth per Bridgets friend in HR & will involve Frack, Cementing & Work Over Crews; rigs have laid down what could we expect-were screwed
Sperry Burleson Deep Cleaning 4/23/20
Does that mean cleaning due to Covid19 ? Does that mean They are cleaning up the dead weight? Its prolly nuthin. It's not like Halliburton is the the place where careers go to die.
Top Six Discussions Yesterday, Not a Surprise...
https://twitter.com/TheLayoff/status/1252749752438943745
Take this job and shove it ...
Was laid off this morning ... Here's my new favorite song ... Johnny Paycheck [Take this job and shove it]. Link below ... https://www.youtube.com/watch?v=gj2iGAifSNI
Finally the end of the furloughs
To think that after the furlough everything will come to normal is naive. Lay offs will continue on a month to month basis.The virus is still there and will be there for the rest of the year. Get out of that company if you can.
Company Wide Layoff Target
New Layoff target is 90% , employee count to level off at 4 figures (under 10,000). More likely to end up closer to 5,000
Anything going on with DTC?
I hear they are hitting Duncan Technology today. Has anybody heard anything about that?
Furlough Ending on Monday, May 4th at NBC
TO: All North Belt Employees FROM: Lawrence Pope, executive vice president of Administration and chief HR officer SUBJECT: North Belt furlough ends Monday, May 4 On May 4, the North Belt campus furlough exercise will end... — read more
C.O.E. (Casing) in Houston hit.
Quite a few gone from a tight knit family...you will be missed.
DMC
I heard this and I heard that. stfu we all know how rumors fly around this place. Just show up until they tell you not to
Halliburton lays off 384 San Antonio workers
Oilfield services giant Halliburton Co. has laid off 384 workers at the South San Antonio facility that oversees its Eagle Ford Shale operations.
Layoffs beginning in houston
As of 15 minutes ago they are "walking" people out.
DMC
What's the latest rumors? 50 percent RIF? Happening all week next week? What's the scoop.
40% workforce reduction at HQ
We need to slash the overall spending by 50% as mentioned during yesterday’s conference call.
Burleson Sperry
I'm wondering what's going to happen here. Since layoffs are happening all over.
Changes needed at HAL immediately
It's painful for me to see what is happening in our industry and HAL. These are unprecedented times, and for better or worse, several changes are needed. First, the senior executives must stop micro-managing their employees. It happens far too... — read more
U.S. oil price collapses to less than $0 as storage fills up in coronavirus pandemic
The price of U.S. oil plummeted below zero Monday, as the sudden loss of energy demand during the coronavirus pandemic pushes domestic storage tanks towards capacity. West Texas Intermediate, the U.S. benchmark, was at one point trading for... — read more
Winners
The biggest winners in the current market situation are the owners of storage capacity—onshore and offshore. Storage has been the most sought-after ‘commodity’ in the energy market in the past month as demand was crashing, and supply was... — read more
West tx
What’s the word around this place?
-30 a barrel!
What happens next?
Depression
Linkedin is hella depressing, my feed is showing dozens of my network looking for jobs. People that made it through the last downturn with the same employer. This one is gonna hurt.
What happens when these oil companies get wise
What happens when these oil companies get wise and realize they should have been building their own tools in house and employing their own field hands? Now may be the opportunity they’ve needed to acquire some of us on the cheap. Then they control... — read more
Layoffs
Every $1 price drop will result in another percentage of planned reduction. Expect another 10% of names to be submitted to HR today.
Oil Prices Have Dropped Below $12. Crude’s Problems May Get Worse Before They Get Better
Oil futures plunged on Monday as an enormous oversupply of crude is building up at U.S. pipelines. West Texas Intermediate futures fell 34% to $11.98 per barrel. Oil stocks were falling in premarket trading, with Exxon Mobil down 5.4%... — read more
Halliburton books $1.1 billion charge in low price outlook
Leading fracking firm Halliburton reported a $1 billion first quarter loss and $1.1 billion in impairment charges on Monday as it gave a bleak outlook for North American oilfields after the coronavirus-driven oil price decline. Prices have... — read more