What do you think we will be divesting as we merge with BHI?

41% reduction in field hands from Feb 1 - Mar 20 (4 seperate rounds of layoffs). More to come in April? It's amazing how they lay off so many revenue generating jobs, yet keep ALL managers (non-revenue jobs, with reduced cash flow coming in)... — read more 

If, if, in the unlikely event that Sperry is told they are no longer a part of the family, will sperry have to leave campus? Or where will we go?

Has anyone ever seen the morning traffic going in on 59 into downtown from Kingwood? It is a parking lot on a good day. Any suggestions?

7 to 10 people let go at Fort Stockton cement today. Called the employees in and told them they have a job to do and turns out it was just to get them to come in to be laid off.

Let's look at the facts guys. The announced layoffs in Feb of 6400 are just scratching the surface. That was less than 10% of the company workforce. Meanwhile oil has dropped more than 50%, natural gas remains stubbornly low in the US and could crash... — read more 

Anyone know the extent of the cuts at the Oak Park campus?

Looks like these divisions with find a home with GE Oil and Gas

Anyone has updates?

I was laid off from GULF back in 1986. It was the best thing that ever happened to me. I worked for many years with SMALL oil companies and made millions and retired at 54. The moral - get your ass out of the BIG company and start making REAL money... — read more 

There will be a rush to complete more layoffs by the end of this month. The next two weeks will be hard. Brace for impact.

There will be a rush to complete more layoffs by the end of this month. The next two weeks will be hard. Brace for impact.

Oil glut going from bad to horrible, EIA supplies reach 80-year high and will remain high at this level for a while. This will bring more layoffs, likely at the end of Q2 and start of Q3

Heard that the Henderson field camp was hit. At this rate, HAL is going to be so small that BH will buy us instead.

Ex Shell CEO predicts oil prices at 80 dollars per barrel by Fall 2015 --- http://www.cnbc.com/id/102381893?GOTYOUBYTHESAK

now the king said to his camel men we have to make that frackin’ stop the oil from the bakken play has cut into our payday (and oh by the way i’m not feeling well today) So the king said watch me screw them all, we control the price to pay we had it... — read more 

In our camp, since layoffs mid-February, at least as many people have quit as were layed off, and head count continues to decline because morale is very low. But I haven't heard anything about more layoffs. Any word on what to expect from those... — read more 

I DON'T like this format. Not as easy to read.

There are 5 types of biz resources, land, capital, technology, management and labor. Just find out the amount of work (in $) coming in now vs. last year. If less work, something has to give because there is not enough money to support the resources... — read more 

What about Baroid?

Anyone have info on the impact of the layoffs on Landmark?

Does anyone know what Hall. will divest as far as Wireline and perforation divisions,considering both companies have one, and almost the same market share

Does anyone know who Hall. will divest as far as Drill Bit divisions, considering both companies have one.

Management has been failing for 10 years. A company does not put itself in this position over night or in a year or due to some Arab jacking down oil prices. Management has failed. Lagging technology is only the tip of the iceberg here. but, is it... — read more 

I'm a new MWD hand in the US. I feel like I came into this industry at a horrible time with the slowdown and merger happening. I have not been with Sperry very long and have been hearing a flurry of rumors out in the patch about the future of the... — read more 

Just say no. If you own stock and were laid off, vote against the merger at the March 27 shareholders meeting. I never vote for these things, but this time I will. Just to send a message

Halliburton HSA contribution for you is $1200 for family, while Baker gives us $1000. Halliburton 401(K) gives you maximum 9% free (5% plus 4% basic contribution). Baker Hughes 401(k) gives you 7% to 10% free depending on your ages (5% basic... — read more 

Halliburton caldwell using contract drivers at 90 dollars a hour to haul frac equipment and chems don't make a lot of since with brothers being laid off out there just don't understand it must be paying someone off or something !

www.cbc.ca/news/canada/saskatchewan/halliburton-oil-services-company-lays-off-120-in-regina-1.2975126