More than 100,000 American oil workers have lost their jobs since the Corona-pandemic slump began, with service companies bearing the brunt. After more than 200…
Tag: Oilfield Life
Oilfield companies will always put the bottom line first
It’s all about the profit margins We live in a capitalist country after all. so we shouldn’t be surprised when companies layoff thousands of workers…
Halliburton Lays Off 650 employees across the Rockies region
Halliburton has laid off 650 employees across the Rockies region. Officials say there is growing concern over uncertainty following an oil and gas bill passed…
New Mexico to get $64 Billion, thanks to crude oil benefits
Press release ExxonMobil today said a new study estimates the company’s development of Permian Basin resources in New Mexico will generate approximately $64 billion in…
The Frack sand Glut Means 19% Drop in Prices
West Texas sand used in the hydraulic fracturing process will drop 19 percent this year to about $30 a ton compared to 2018, according to…
Dominion Energy oilfield worker after rescuing 50 ducks
Dominion Energy fired an oilfield worker in Rock Springs after he saved an estimated 50 waterfowl from wastewater ponds. Adam Roich said: “I got fired…
Ensign Energy Services And Trinidad Drilling have entered into an amalgamation agreement
Ensign Energy Services Inc. (TSX:ESI) (“Ensign”) and Trinidad Drilling Ltd. (TSX:TDG) (“Trinidad”) announce today that Trinidad has entered into an amalgamation agreement (the “Amalgamation Agreement”) with Ensign Holdings Inc. (“Holdings”), a wholly-owned subsidiary of Ensign, under which Trinidad will amalgamate with Holdings, with the amalgamated entity (“Amalco”) becoming an wholly-owned subsidiary of Ensign (the “Amalgamation”). Read more