If you're getting transferred, laid off or have proof other people are, please reach out: rachel.nostrant@houstonchronicle.com I'm the oil and gas reporter, trying to keep an eye on how many people might be affected.

Rumors here in the tower is that the layoffs have begun. Seen couple folks packing up and being escorted out by security.

Let the circus begin. The Coterra name was removed already so priorities are clear

Here we go! Time to start trimming the fat. Hang on, because the ride is about to get interesting!

Coming in hard with that little d. Who doesn’t capitalize their own name. Hope y’all are ready to come join us in H Town.

I heard from reputable source, that although marketing VP GH is stationed in OKC… marketing jobs are expected to relocate to Houston office for better commercial exposure. Sorry for the facts, just want to keep people in the know so there’s no... — read more 

What’s the over/under on Kimmeridge getting all their demands? Seem to have a good track record with influencing other institutional investors

THE RULES: (1) Post 1 piece of trash talk about the "other" company. (2) Post 1 piece of trash talk about your own company. That's it.

Seeing updates about the technology the company will be using, but nothing about when people will receive updates about jobs or locations. Isn’t closing in 2 weeks? The communication on this from leadership is completely lacking.

Will Dvn keep this. Ctra didn’t want to give it to most employees

Someone said recently that anyone working Permian assets will have to move to Midland and all of the other Basins will be run out of OKC. Is this true?

Anyone very interested in the severance?

Anyone have anything new?

Today’s updates for ctra lol.

Clay was only worried about numero uno. He got the CEO and literally gave up everything else. Once the deal is done, expect him to check out and not make any tough decisions while letting the new exec team of 5 Coterra people and 3 Devon people... — read more 

Is this nonsense?

This merger of equals is exactly what Devon needs. It is time for something new, something refreshing, and perhaps a new perspective.

Devon may feel better knowing that Coterra employees got railroaded on bonus pay. Blood is In the water, and expect our efforts in the toilet. Moral is gone, can’t imagine any efforts or above expectations. Let the quiet quitting begin. OKC may keep... — read more 

The Grayson mill energy Houston office that was shut down, all those people that were let go are probably laughing now that the shared services cuts are going to hit OKC. If you aren’t where the center of power is, you are expendable and it’s only a... — read more 

OKC based oil companies companies are exiting the city and state for Houston Texas. Ovintiv has divested Anadarko holdings. 10 years ago the investment world couldn’t get enough of the SCOOP and STACK. Now the investment community is far less... — read more 

Wow!!! It has been 10 years since commitment runs deep day. Oh how the time flies. I would like to wish all the Coterra people a happy welcome to a wonderful company. Many you enjoy your time at the new and improved Devon and may the odds be ever... — read more 

Since we all headed there...

Share holders should vote no for this poorly negotiated deal and clays lack of leadership getting exposed before, during, and after this was announced.

What are we going to do with floor 47?

Dvn/Expand coordinated exodus? Anyone else?

One interesting use case for AI is to analyze all merger of equal transactions, notably WPX and Coterra with Devon. ChatGPT seems to think there is a possible claim to be made that Devon employees should be entitled to change of control severance... — read more 

...more heads rolling in OKC than Houston, even after 6 layoffs Devon is still way over staffed by a bunch of su-k ups doing 20% of the work and drowning the small majority doing the other 80% of the work. If this offends you, you must have gotten... — read more 

Why does dvn never post manager+ jobs?

Continental is looking to develop international assets as domestic operations are economically challenging due to commodity prices and increasing OPEX. Anybody hear the Continental will open an office in Houston to support international operations?

Devon, Coterra Merger Confirms Layoffs https://www.upstreamonline.com/people/layoffs-on-horizon-after-58-billion-us-shale-merger/2-1-1938275 Devon Energy and Coterra Energy are merging in a $58 billion deal. Layoffs will occur at the newly... — read more 

Before Coterra there was Cabot and Cimarex. Cabot had a very different work culture from Cimarex similar to other Houston companies. It was laid back and less formal.

I’m very satisfied with the outcome, especially seeing some leadership changes within DVN. Unfortunately, certain individuals were placed in leadership roles they were not prepared for. In Lea County specifically, the superintendent J.C has... — read more 

Not sure how you are able to give up more exec seats and move the company headquarters to the smaller company but DVN was able to do it!

Does Devon give stock to everyone. Anyone?

Devon needs additional reserves and production that it would never achieve through the drill bit. In fact, it advertised 20-30 year drilling runway is closer to 6 years. Hence the hook up with Coterra. How will this merger play out? Layoff and... — read more 

New CEO= no wfh,subpar bonus, less than inflation salary increase, AI psychosis and the most toxic work environment in the metro. Is Continental hiring?

What system do you use? Asking for a friend. SAP?

If you work for Coterra, RUN, take that package, the merger of equals moniker is anything but. You’ll just sit there for a few months until the Devon trogs find a way to save their own necks and axe you instead.

take a closer look at the culture within the office.... The environment described feels isolating and unwelcoming and that discourages collaboration comms and long term emp retention... If employees are too overworked to engage with one another the... — read more 

Lightning round! “Devon has been such a poor performer…It’s really been a nightmare frankly.” You reap what you sow.