Thread regarding Apache Corp. layoffs

Asset structure

Does it mean each team will have a landman, geoph, geol, re, pe, fe, and planner? Or we got no clue?

by
| 3281 views | | 12 replies (last April 23, 2025) | Reply
Post ID: @OP+1jrwnpycs

12 replies (most recent on top)

You: is Drilling a big strength in Apache?
ChatGPT: if Drilling = Alpine High, yes.

by
| | Reply
Post ID: @1bv+1jrwnpycs

No Drilling is a big strength here

by
| | Reply
Post ID: @1bn+1jrwnpycs

If I had to guess, the next function to be cleaned out is Drilling. It’s one thing to be incompetent and it’s another thing to be incompetent and arrogant. How many people have left because they couldn’t stand the arrogance of the drilling people. Look at their performance on Enverus, they are dead last!

by
| | Reply
Post ID: @19j+1jrwnpycs

and that’s why the ENTIRE Facilities management team was shown the door

by
| | Reply
Post ID: @19c+1jrwnpycs

I’m in planning and I have seen worse in FACILITIES

by
| | Reply
Post ID: @y2+1jrwnpycs

All that money spent in consultants from McKinsey… to go back to they way things were before…

by
| | Reply
Post ID: @xd+1jrwnpycs

Functions are made of people. It is not about an incompetent group, it is about the individuals of each type that will be silo'ed into individual assets. A weak person in planning will always be weak. Every asset will be re-inventing every new wheel and each asset will have a different set of slightly non-interchangeable wheels. It will be a very interesting junkyard.

by
| | Reply
Post ID: @w0+1jrwnpycs

planning

by
| | Reply
Post ID: @sg+1jrwnpycs

Be frank. Which function do you think is the most incompetent?

by
| | Reply
Post ID: @sd+1jrwnpycs

It is very sad to watch. Unfortunately the top two levels of management truly don’t know what the problem is nor how to fix it. They don’t even know how to stem the decline much less grow the company. Unfortunately I have to agree with the post below, we are in a death spiral.
How is it that with the current restructuring there are more mangers, more levels, fewer workers, less technical oversight, and the promotion of inexperienced sycophants into leadership roles. The only thing that could save us now is high oil price (or low oil price and we sell out).

by
| | Reply
Post ID: @r0+1jrwnpycs

That's not how it already is.

Apache has entered a death spiral. They reduce staff to save money, which lowers production causing less income, which causes them to reduce staff...

In an attempt to become as efficient as possible, SR has cut off critical roles that won't be felt immediately. By the time anyone at his level understands what was lost, it will be too late.

(That's assuming it ever happens since nobody making decisions knows how to find oil. They don't understand how many unintended consequences they are creating and probably never will.)

by
| | Reply
Post ID: @qx+1jrwnpycs

Post a reply

: