frame full of pink slips, layoff notices, etc.

More oilfield jobs lost despite modest rebound in crude prices

on
The United States lost 3,300 oil and gas extraction jobs in April. The economy also jettisoned 10,200 jobs that support mining — a sign that even though oil prices are on the rebound, the pain for the sector’s workers may linger.
(Nabors)

Nabors has laid off thousands in 2015, including more than 40 percent of its drilling unit employees

on
The firm booked a $123.6 million profit in the first quarter, or 43 cents a share, up from $50 million, or 17 cents a share, in the same period the year before.
OIL GAS RIG

U.S. Steel to increase job cuts in Harris County

on
U.S. Steel, which makes pipes used in oil and gas wells, has been suffering as drillers have slashed budgets in response to low oil prices.
(AP Photo/Sue Ogrocki, File)

Low oil prices force 2 Oklahoma companies to cut jobs

on
Samson Resource Co. produced oil and liquids after primarily being a natural gas driller. The company reported a net loss of $1.6 billion for its third fiscal quarter in 2014. The company’s layoffs are effective immediately.
A General Electric Co. employee assembles a component for a gas turbine at the company's factory in Belfort, France. (Fabrice Dimier/Bloomberg)

GE increases oil field equipment job cuts to 575

on
The move comes after GE notified regulators in January of plans to cut 330 positions in a division acquired in 2013.
Original byline: Jim Blecha/

Experts: New Mexico oil patch could lose 2,000 jobs

on
The number of drill rigs operating in the San Juan and Permian basins has dropped from 85 to 60 over the past year, and state energy Secretary David Martin said each rig directly employs 50 workers and another 50 to 70 in support jobs.
(Jim Gehrz/Minneapolis Star Tribune/MCT)

Texas landmen left out of work as oil patch boom times go bust

on
Land managers, or landmen as they’re known, are part of a once dying oil patch profession resurrected when production soared.
(Ty Wright/Bloomberg)

Oil field services company cuts 200 of 250 employees in Arkansas

on
M&M Environmental Group CEO Sam McFadin told the Arkansas Democrat-Gazette that employees were told of the layoffs Friday and that remaining employees will be offered transfers to company offices in Oklahoma.
conoco

ConocoPhillips to lay off 200 Canadian workers

on
The Houston-based independent said the layoffs will affect 7 percent of the company’s Canadian workforce.
(Eddie Seal/Bloomberg)

Oil sector loses jobs in February

on
About 1,100 oil and gas workers lost their jobs in February, as low crude prices spurred energy companies to lay down rigs and lay off employees.