Oilfield laying off?

[will083031]

Anyone in oilfield industry seeing any layoffs yet? I've been working out here in both Frac and as a driver for three yrs now is this the time to start looking for something else or maybe things will bet better?

 

[kyletxria1911a1]

Where are you? We are running. Frac tech. Haliburton chalk mtn, and others are hiring. 1845.
Stevens all are looking

 

[RACER X]

Been hearing of layoffs

Construction
Rigs

 

[Saltyag2010]

Haven't heard anyone getting laid off and I've been all around.

 

[Captain]

I work in the Gulf of Mexico, work is still steady so far.

 

[Anger]

won't be too long imo. we had a client put on hold, then cancel a project.

 

[RACER X]

Already heard of 2 rig builds cancelled

500 heads from 1 co
And several hundred more on the line at another

 

[vmax]

The media wants this to be a big hit to the oil industry. They keep running stories about people losing jobs.
Some of the lay offs around Christmas were due to normal cycles of companies running out of drilling budget at the end of the year.

I work closely with service companies like vac and hot oil trucks and they have not let up much at all.

 

[TX69]

Is it bc of Saudi production?

 

[Anger]

let's be real. $60/bbl oil is not good for the industry or oil companies in the stock market, but it's great for the consumer. FACK the congress and rep's talking about a gasoline tax. FINALLY something goes in the direction of joe 6-pack and the gubberment wants to add tax ?!?! wtf.

Hell, last time gas was this expensive (cheap) for me was in 2004-2005 ish when I bought a motorcycle in protest, gas rose to 2.39 and I thought it was the end of the world as we know it (kidding).

When I graduated from College in 2000 ish, I was paying 1.89/gallon in Michigan's far north UP (Hancock) so this dip is EPIC.

 

[will083031]

Ok thanks I personally haven't seen any layoffs at my employer but friends in other areas have told me that things were getting slow in drilling.

 

[ByrdMan]

I work for an oil company up in Alaska and we just started laying off contractors today. More to come I'm afraid..

 

[Mike1234567]

We should tax the SHIT out of import fuels and STOP taxing domestic fuel production and distribution. BUT we should STOP SUBSIDIZING domestic fuels.

 

[Anger]

stop subsidizing ethanol.....I can't imaging how upside down those gubberment green initiatives are right now in their ethanol pot smoking pipe dreams.

 

[ray22]

I hauled frac sand the last 13 years. It's a 5 years cycle. It's slowing down and it's time for me to go. Getting to old to wait it out again.

 

[fuelfather]

Will, last I checked my company is still hiring for crude oil drivers. If anybody is looking I am currently showing openings in South and Eastern Texas. PM me let you in on what details I know.

 

[majormadmax]

Back in late 2008, gas prices in San Antonio dropped to $1.44/gal. I had just bought a economical Toyota hatchback, and remember filling it up for under $20.

I work with a lady whose husband does equipment maintenance for drilling sights, she says his company is talking about letting people go if prices dip any further...

 

[breakingcontact]

Fuel Fix » Investment firm lays off 150 employees from oil field companies

 

[RACER X]

Halliburton has announced layoffs

Schlumberge has also announced layoffs

In the news

 

[kyletxria1911a1]

Im in natural gas