April 24, 2020 archive

Oklahoma’s rig count drops to 20 while US declines by 64

  With oil prices less than $20 following a Monday where prices went into the negative range, the nation’s rig count continues to dwindle, losing 64 in the past week according to the Baker Hughes figures released on Friday. Oklahoma lost four more rigs, leaving only 20 actively drilling for oil or gas in the …

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Schlumberger layoffs hit Cameron Drilling in Moore

  Layoffs by Schlumberger are hitting Oklahoma. The Europe-based company with U.S. headquarters in Houston hinted earlier in the week that layoffs might occur and now an Oklahoma subsidiary, Cameron Drilling announced employee terminations will begin in June and July. Notification by Cameron Drilling, based in Moore was made Friday with the Oklahoma Workforce Development …

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Baker Hughes follows OKC layoffs with more in Houston

  A week after Baker Hughes Co. announced the layoff of more than 200 workers at its Oklahoma City operations, the company said it would lay off more than 180 people in Houston where it is headquartered. The layoffs are expected to commence on June 15, according to a Worker Adjustment and Retraining Notification Act …

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