Thread regarding BP PLC layoffs

Which rumors are true?

Rumors are buzzing all around the company. Unfortunately since leadership hasn’t communicated much people are making things up. I suggest you don’t spread rumors until we have facts in official communications.


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| 41 views | | 17 replies (last 17 hours ago) | Reply
Post ID: @OP+1ky0q0rh8

17 replies (most recent on top)

@z4 why don’t you explain the economics to us? If it’s not good, i see nothing but positive overall production in GoA.

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Post ID: @zz+1ky0q0rh8

@y6 explain the SFM then if it was all in the original economics?

Exactly.

People like this are why I have no problem with bottom 10% getting the boot. Too many low IQ waste has sat around for years due to BP’s fear of firing anyone outside of a restructure cycle.

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Post ID: @z4+1ky0q0rh8

Tell me you don’t know spar production without telling me you don’t know spar production

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Post ID: @z0+1ky0q0rh8

@xd The md spar has very limited capability for drilling, it’s much cheaper as a Simops. MD spar wells are about 1 every year and a half, but one well completed makes so much production, they don’t deplete as fast either. So everyone understand the risk reward balance on the spar, and the npv is outstanding overall. Just assuming 100s of millions of dollars lost is not factual. Sidetracks are part and parcel of drilling and is accounted for in the npv. Just bs with hearsay is not the point. A typical spar well at average of 8 mbd for 15+ years, do the math per well.

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Post ID: @y6+1ky0q0rh8

@r2 All those advisors and specialists and they had to sidetrack the MD well twice and then had to fish the tool. They had to do 3 sidetracks on another MD well a few years ago before abandoning at a cost of hundreds of millions.

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Post ID: @xd+1ky0q0rh8

@r2 where are you getting this from? Makes no sense esp for wells central teams. We have 25+ advisors, 3 in just fluids teams with a population of 20+ specialists. What will the specialists do without the advisors and senior advisor. We have well control, barrier, tubular design, frac, mpd, completion, drilling, well placement advisors that all the specialists depend on for advice. How will ops progress if not for the advisors or senior advisors?

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Post ID: @sm+1ky0q0rh8

@md they already got rid of most if not all sr advisors and advisors. I’m guessing chief & principal engineers next.

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Post ID: @r2+1ky0q0rh8

@nw that’s the bp circle of life.

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Post ID: @r1+1ky0q0rh8

@jv most central roles will disappear, but in few years they'll tell us we're working in silos and need central teams to share best practice and increase efficiency. You couldn't make this up.

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Post ID: @nw+1ky0q0rh8

All the favourites of the current vp will stay.

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Post ID: @mq+1ky0q0rh8

What's going to happen to all the chief engineers, senior advisors, advisors and subject matter experts.

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Post ID: @md+1ky0q0rh8

@a8 I wonder why. LOL.

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Post ID: @ke+1ky0q0rh8

In Upstream: Majority Central Roles especially with Discipline Lead in title to go.
Only Central people who are dedicated 80%+ to one Region will remain.

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Post ID: @jv+1ky0q0rh8

@OP no thanks.

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Post ID: @dt+1ky0q0rh8

@a8 they know things and their silence is rewarded with promotions and artificial exaltation

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Post ID: @cq+1ky0q0rh8

AD and LJP survive and flourish…everyone else sweats

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Post ID: @a8+1ky0q0rh8

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