People | Service & Supply | Oilfield Services | Job Cuts / Downsize / Layoff
Texas' E&P Sector Drops 1,100 More Jobs as Oil Stays Low
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According to the latest report from the Texas Workforce Commission, over 1,100 jobs were cut from the Texas E&P sector in recent weeks.
To date, Texas has seen the loss of approximately 65,000 oil and gas jobs due to the plunge in oil and gas prices over the past year.
Latest Downsizing Announcements: Bonanza Creek - March 2016"Bonanza Creek Energy, Inc. announces it has reduced its workforce by 26 employees and 17 contractors. The reorganization aligns its employee base and general and administrative cost structure with the current commodity price environment and resulting anticipated activity level."
Shell - February 2016"We are making substantial changes in the company, reorganising our Upstream, and reducing costs and capital investment, as we refocus Shell, and respond to lower…
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