Oilfield services giant Halliburton Co. has laid off 384 workers at the South San Antonio facility that oversees its Eagle Ford Shale operations.

As of 15 minutes ago they are "walking" people out.

What's the latest rumors? 50 percent RIF? Happening all week next week? What's the scoop.

We need to slash the overall spending by 50% as mentioned during yesterday’s conference call.

I'm wondering what's going to happen here. Since layoffs are happening all over.

It's painful for me to see what is happening in our industry and HAL. These are unprecedented times, and for better or worse, several changes are needed. First, the senior executives must stop micro-managing their employees. It happens far too... — read more 

The price of U.S. oil plummeted below zero Monday, as the sudden loss of energy demand during the coronavirus pandemic pushes domestic storage tanks towards capacity. West Texas Intermediate, the U.S. benchmark, was at one point trading for... — read more 

The biggest winners in the current market situation are the owners of storage capacity—onshore and offshore. Storage has been the most sought-after ‘commodity’ in the energy market in the past month as demand was crashing, and supply was... — read more 

What’s the word around this place?

What happens next?

Linkedin is hella depressing, my feed is showing dozens of my network looking for jobs. People that made it through the last downturn with the same employer. This one is gonna hurt.

What happens when these oil companies get wise and realize they should have been building their own tools in house and employing their own field hands? Now may be the opportunity they’ve needed to acquire some of us on the cheap. Then they control... — read more 

Every $1 price drop will result in another percentage of planned reduction. Expect another 10% of names to be submitted to HR today.

Oil futures plunged on Monday as an enormous oversupply of crude is building up at U.S. pipelines. West Texas Intermediate futures fell 34% to $11.98 per barrel. Oil stocks were falling in premarket trading, with Exxon Mobil down 5.4%... — read more 

Leading fracking firm Halliburton reported a $1 billion first quarter loss and $1.1 billion in impairment charges on Monday as it gave a bleak outlook for North American oilfields after the coronavirus-driven oil price decline. Prices have... — read more 

How will service companies like Halliburton, Weatherford, and NOV survive this? Especially NOV. They were already in trouble before this slump.

There's so much crying about the Admin building and JM on here, and not one post about what should have happened. What exactly should upper management have done. Should they have not hired more people, and not expanded to take work when the... — read more 

Who is Halliburton's Nero? Who is enjoying their plight? It could probably be anyone. WTI going to $17 next month.

I overhead a conversation in a grocery store halliburton was pulling completely out of Oklahoma. Is that true or just b—s—?

Did JM reduced his salary ??? If so that is very nice of him. His base salary less than 2 million a year. His total compensation is about 17 million. So while every body gets laid off he is still making a big chuck of money. Read the... — read more 

Is there any new on ft lupton camp this coming week

Dear JM, I don't think I like you anymore, Used to make my work feel nice, Now I'm starin at the floor, Ohhhh, Dear JM, I don't like you anymore. You used to think I had some worth, when you'd make your speeches, Now I feel like I've gettin... — read more 

Can you believe expats in north america are still in place with so many qualified ppl in the market? Whos d are the blowing?

Does a furloughed worker get paid? Disclaimer: I do not work for Halliburton.

Heard supervisor layoffs next week

Haven’t seen anything about HCT. Is HCT not getting touched at all?

My best advice to the Sperry Software managers is: Since toilet paper is scarce now you still have the option of using the pages of the 100 years Halliburton anniversary book you got for free. So long s—ers!!!!!

Is casper getting hit? And which PSLs?

There is nothing gonna keep from the 2 quarter to have more layoffs, the collapse gonna last awhile.

More layoffs coming to the Denver office Monday. Reports are that this round will be twice as bad as this weeks.

What, are they planning to cut EVERYBODY here?

Today the Brownfield yard was basically sh– down all personnel was released minus a few that are relocating Brownfield yard is no more.

This is just the beginning for all. No one is safe now. BAROID is being hit everyday this week. Several gone & lots more to come. It won’t be over until to the bare bones. This will be the worse down turn in the oil & gas history. Been in the field... — read more 

There are several people there in higher roles with no safety/service quality background! I wonder if they are safe ...

Anyone laid off yet?

A few people have been quarantined out of DMC plant for the covid.

Northbelt layoffs will begin in a few days. Management is quickly realizing that the furlough will not be enough to save this company.

Any word on Artesia layoffs today