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Started By
Message
re: I heard layoffs happened at Schlumberger today
Posted on 1/14/15 at 5:19 am to ChanBenoit
Posted on 1/14/15 at 5:19 am to ChanBenoit
If it makes any of you chumps feel better I just quit SLB and went consultant.
1
Posted on 1/14/15 at 6:15 am to lsuoilengr
quote:
f it makes any of you chumps feel better I just quit SLB and went consultant.
know a number of people who work for SLB and they cant stand SLB. How was your experience with them?
Posted on 1/14/15 at 9:17 am to tgrbaitn08
quote:
You and your wife are driving a total of around 6000 miles a month and none of that is paid for by the companies you work for?
You're doing it all wrong.
We both own our own companies and have 4 kids. She drives a guzzler in city traffic. I get about 300 miles per tank, so I drive about 2000 + miles per month. Not sure how you arrive at 6000, but I assure you, it's you doing it wrong.
And, if you don't think those miles are erased from my tax burden, you don't know much.
Posted on 1/14/15 at 9:26 am to GeeOH
I dont know what kind of cars you drive so it was an assumption. You said you are filling up 8 x month. I assumed you're getting at least 450 miles per tank...8x450 = 3600
Your wife is filling up 5 x month. I assumed your wife is getting 400 miles per tank. 5x400 - 2000
3600
2000
=5600 around 6000 miles total
I own my own company and my company owns my truck.
I live 90 miles from my office and I drive 1200 miles a week...I average about 60,000 miles a year on my trucks that gets replaced every 2 years. Dont lecture me about what is what isnt tax deductible.
Your wife is filling up 5 x month. I assumed your wife is getting 400 miles per tank. 5x400 - 2000
3600
2000
=5600 around 6000 miles total
quote:
And, if you don't think those miles are erased from my tax burden, you don't know much.
I own my own company and my company owns my truck.
I live 90 miles from my office and I drive 1200 miles a week...I average about 60,000 miles a year on my trucks that gets replaced every 2 years. Dont lecture me about what is what isnt tax deductible.
Posted on 1/14/15 at 9:39 am to tgrbaitn08
quote:
Dont lecture me about what is what isnt tax deductible.
What goes around comes around. 
Posted on 1/14/15 at 9:59 am to saintforlife1
To all you fricking douchebags talking about, "cry me a river, overpaid workers", and other bullshite, suck my balls.
No one liked seeing $4.00 gallon gas except the major oil companies. Hell, I was complaining about gas prices myself. We don't control prices, I wish it could stabilize at an affordable price for consumers, and still be profitable for businesses.
As far as being overpaid, you sound like a bunch of butthurt pussies. Do you spend half of the year away from home and your family? Do you regularly miss most holidays? Do you regularly work 12 hour days in the cold or heat? No, then STFU about people being overpaid.
No one liked seeing $4.00 gallon gas except the major oil companies. Hell, I was complaining about gas prices myself. We don't control prices, I wish it could stabilize at an affordable price for consumers, and still be profitable for businesses.
As far as being overpaid, you sound like a bunch of butthurt pussies. Do you spend half of the year away from home and your family? Do you regularly miss most holidays? Do you regularly work 12 hour days in the cold or heat? No, then STFU about people being overpaid.
Posted on 1/14/15 at 10:01 am to Polar Pop
quote:
Nabors layed off all non-essential employees
Weatherford layed off a couple thousand
Patterson bumped a bunch of people back
H&P is stacking 60 rigs
On and on and on
Most people in O&G in our working generation have never seen a "bust" (myself included)
This is a great wake up call to save money
All the while Sasol is still moving forward in Lake Charles and $30B already on the books and earmarked.
In some areas, it's hard while others keep.moving forward. There's no way prices don't swing back up. If I had 50 grand laying around, I'd be buying stock like crazy.
Posted on 1/14/15 at 10:04 am to bhtigerfan
quote:
As far as being overpaid, you sound like a bunch of butthurt pussies. Do you spend half of the year away from home and your family? Do you regularly miss most holidays? Do you regularly work 12 hour days in the cold or heat? No, then STFU about people being overpaid.
Yes, I do. They are overpaid.
Posted on 1/14/15 at 10:07 am to Prominentwon
quote:
International offshore rig count for December 2014 was 338, down 3 from the 341 counted in November 2014, and up 32 from the 306 counted in December 2013.
The average U.S. offshore rig count for December 2014 was 59, up six from the 53 that were counted in November 2014 and down two from the 61 counted in December 2013.
Posted on 1/14/15 at 10:11 am to tgrbaitn08
So the US is +101 in rigs, and everyone gets laid off?
Sounds to me more upper tier people (that I'm sure have more than enough money) are getting the axe right now.
Oil companies and Saudis are too greedy to keep the price this low. I will never believe that it will stay where it's at now and more people will be hired in soon.
Sucks losing your job (I was out a month and a half last year), but at all times, in this business, you MUST KNOW that at some point, you're at risk of being laid off.
Sounds to me more upper tier people (that I'm sure have more than enough money) are getting the axe right now.
Oil companies and Saudis are too greedy to keep the price this low. I will never believe that it will stay where it's at now and more people will be hired in soon.
Sucks losing your job (I was out a month and a half last year), but at all times, in this business, you MUST KNOW that at some point, you're at risk of being laid off.
This post was edited on 1/14/15 at 10:12 am
Posted on 1/14/15 at 10:16 am to Prominentwon
quote:
So the US is +101 in rigs, and everyone gets laid off?
excatly...people are overreacting.
quote:
Sounds to me more upper tier people (that I'm sure have more than enough money) are getting the axe right now.
that and middle management. Service companies are being asked to cut rates in order to keep people working and keep jobs going.....the problem with that is overhead cost are still high. They are trying to figure out how to cut cost and stay in the game at the same time they're trying to cut over head.(trimming the fat)
Posted on 1/14/15 at 10:20 am to tgrbaitn08
Still going pretty strong in NWLA
BHP just cut 1 Nabors rig, but Wildhorse near Ruston has picked up 2 new Nabors rigs with plans for 12 total drilling by the end of the year.
Hedged oil and dry gas are keeping it alive up here at the moment.
On the flip side, even though it is going strong, the operators are still looking for day rate cuts, which in turn leads the drilling contractor to ask me for a price reduction.
BHP just cut 1 Nabors rig, but Wildhorse near Ruston has picked up 2 new Nabors rigs with plans for 12 total drilling by the end of the year.
Hedged oil and dry gas are keeping it alive up here at the moment.
On the flip side, even though it is going strong, the operators are still looking for day rate cuts, which in turn leads the drilling contractor to ask me for a price reduction.
Posted on 1/14/15 at 10:22 am to Sparkplug#1
quote:And you base this on what? Because they make more than you? Maybe you are underpaid. Is that our fault or yours?
Yes, I do. They are overpaid.
This post was edited on 1/14/15 at 10:23 am
Posted on 1/14/15 at 10:26 am to Prominentwon
quote:
Sounds to me more upper tier people (that I'm sure have more than enough money) are getting the axe right now.
quote:
Industry executives say companies are reluctant to let highly skilled workers go, especially when oil prices are likely to rebound in the next couple of years as global energy demand rises. But rig and fracking crews will inevitably be let go first, they said, since those workers can easily be rehired or replaced when drilling rebounds.
Posted on 1/14/15 at 10:32 am to Prominentwon
quote:
Saudis are too greedy to keep the price this low.
They are doing exactly what they planned on doing as far as production levels. They did the world a favor yrs ago when this happened last and ended up losing market share.
They are doing what any savvy business person in their position would do. I would, you would, and the overwhelming majority of everyone here would do the same thing if you are honest with yourself.
Posted on 1/14/15 at 10:35 am to htownjeep
Nah, other industries are looking out for the greatest good for common people. They don't care about no stinking stakeholder maximization.
Posted on 1/14/15 at 10:40 am to saintforlife1
quote:
Anybody know anybody that was affected? How about people working in other oilfield services and related companies? Seems like tough times for folks the O&G industry. Folks are saying cuts are turning out to be worse than the 2008 down turn.
I don't miss this aspect of the oil bidness one bit. I was at Dresser in the 80's and we watched the rig count like a hawk. I survived a lot of layoffs before I finally got hit. Even if you make it through a round of layoffs, it drains you over time. It's an emotional roller coaster that I'm glad I'm not part of anymore. Best of luck to any of you guys in the field.
Posted on 1/14/15 at 10:41 am to htownjeep
I'm a highly skilled galley hand. Is my job safe?
Posted on 1/14/15 at 10:41 am to tgrbaitn08
quote:
Losing a job vs paying a few extra dollars for gas isn't quite the same.
Apples to oranges.
If saving $30 a month is that big of a deal then I feel sorry for you.
I save about $160 a month in gas now(since gas was $3.50). That's a lot of money to me.
Feel sorry for me please!!!
Posted on 1/14/15 at 10:43 am to saintforlife1
I'm going through layoffs right now as well. Tryin' to get some of these horny bitches to layoff my dick, brah. Too many bitches means too much chafing. What-evs. YOLOMF
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