Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

People | Service & Supply | Oilfield Services | Job Cuts / Downsize / Layoff

Halliburton Cuts Jobs in Oklahoma, California

emailEmail    |    printPrint    |    bookmarkBookmark
   |    Friday,December 06,2019

Important note :  "If you are a current paid subscriber to Shale Experts and you have been affected by these job loses but want to stay current with events, please contact us for a complimentary subscription.  I want to emphase paid subscribers here, you must be a paid subscriber"

 

 

Service giant Halliburton has reported job cuts at two of its regional offices.

According to The Oklahoman, Halliburton is closing up shop at its El Reno, OK offices, which results in the loss of over 800 jobs. The office served operators in the Midcontinent region.

Additionally, Reuters has reported that the company has cut ~70 employees at its plant in Bakersfield, California.

This comes after the company reported plans to stack equipment and cut costs in its Q3 report.

 

The frac market has taken a hit, losing some 24% of the fleets from the begining of the year according to Shale Experts Frac Database.   Halliburton controlled some 23% of the Frac market.

 

Enlarge Image


Related Categories :

Job Cuts / Downsize / Layoff   

More    Job Cuts / Downsize / Layoff News

Mid-Continent News >>>


West Coast News >>>