Thread regarding Devon Energy Corp. layoffs

Heavy Oil Alberta

How's everything up north of the border? All the fly in fly outs cant be worth the $ is it?

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| 1821 views | | 10 replies (last February 28, 2016) | Reply
Post ID: @OP+FLxUYFM

10 replies (most recent on top)

When Hager is through with this quarter or the next,jackfish folks will be riding bicycles to work.

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Post ID: @pvld+FLxUYFM

How come Canadian oil is cheaper than anywhere else. We are always bent over a barrel when we deal with US,doesn't matter what we sell to them.

KEEP FRACING DOWN THERE BOYS.

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Post ID: @8wjm+FLxUYFM

Yeah they bring people in from all over.Tried to get a job in BC at mine,was told they could not hire me because their union didn't want people hired out of the province. Far as camp jobs go. I know some guys that drive up there.Some people that were flying from Kelowna are Albertans who moved down there,why not weather is nice.I agree jobs should be Alberta first. As far as these US companies here,they can get out anytime, their project here in Canada support their messes down there and drain jobs and money from Canada anyway.

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Post ID: @8wbw+FLxUYFM

Agreed, is more than enough workforce in Calgary, Edmonton, and Red Deer. The extra flights seem like an unnecessary a waste of income.

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Post ID: @5kmh+FLxUYFM

Canada has been a good income generator for Devon and is overall very well run; however, I agree that Devon should only fly people in from Calgary and Edmonton, stop flying people in from far away (Vancouver island, Vancouver city, Kelowna...etc.) There are enough skillful guys and gals in Alberta.

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Post ID: @4ees+FLxUYFM

I'm suprised the venture has lasted as long as it has. At the time of 100 dollar a barrel oil was here, yes. But within the past few years, the overheads and not to mention the fly in fly outs across the western part of the country (which really should be kept to 2-3 major cities not multiple chartered ones) it can't possibly be worth the expense?

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Post ID: @2sye+FLxUYFM

Devon should have cut Canada division a while ago.

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Post ID: @1zao+FLxUYFM

Canada is currently is not going to make any money. No one is making money. That being said it is much more expensive to shut down and restart the steam injection systems. Most likely they will be adjusted to bear minimum to keep them functioning but not shut down. Every area will be hit with at least 20 percent reduction. Those IT folks don't make nearly as much as we do so I expect our side to get hit harder than IT. Anyway you look at it it is not going to be pleasant for anyone.

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Post ID: @1llc+FLxUYFM

Canada is a lot leaner than the US side in a lot of ways.

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Post ID: @1jtr+FLxUYFM

Canada is a lot leaner and not nearly as top heavy as the US. We already went through a 20% staff cut.... The low dollar is also nice... It's like Canada is 30% cheaper than other BU's. With that in mind there still will be more cuts made in Canada especially in IT

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Post ID: @1cjl+FLxUYFM

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