“The last time the crude oil price and the rig count were at present levels, upstream oilfield employment in Texas was about 100,000 less than the January 2016 estimate of about 230,000,” “This suggests that the bloodletting in Texas’ upstream oil... — read more 

I wish ConocoPhillips had the decency to announce cuts then carry them out next day like most companies, or if long term knowing is a must by law then please inform individuals in advance so they can make plans to move as there are no jobs in Rockies... — read more 

If sups are willing to leave their severance package knowing that they may get cut, then that should tell you something about the trouble COP is in. The company is losing a ton of money per month with only 3 rigs for the entire lower fr the entire... — read more 

Offices are still staffed no hour reductions my guess is that they keep everything status quo so that they can say man numbers are really down at quarters end now we have to do a big layoff. ...instead of cutting hours , cutting contractors and doing... — read more 

Yes, there are many 30+ Conoco and Phillips folks around. Back in the day we went to work for a company WE wanted to work for and RETIRE from. We wanted to be the BEST. So many along the way went for the dollar and not the future. Along the way, I... — read more 

When will the next round of layoffs happen? When and which BU's?

Can someone please explain why there is still a recruiting department if we have no actual job postings? What are they doing?

End of April

I know we had "the pep talk" about no layoffs in our asset , I am sure it is ultimately to get everyone back to work instead of looking for the nearest bridge to jump off. No one believes we are not having layoffs No One. It is inevitable but lets be... — read more 

Stan Rogers, late Canadian folksinger, same spirit. Why send? Just seemed to fit the mood. In a good way. https://www.youtube.com/watch?v=ZIwzRkjn86w

The EIA reported that inventories in the country increased by 10.37 million barrel last week. By the week's end, data showed that the country had close to 518 million barrel in stock, which would need to be consumed before a rebalancing in the market... — read more 

It is so boring around here again , things must have settled down...

http://www.bloomberg.com/news/articles/2016-03-01/fuzzy-math-accounting-chided-by-buffett-gets-fresh-sec-scrutiny?cmpid=yhoo.headline

What will happen to the Bartlesville staff and offices if/when COP is taken over?

So with all of the borrowing to make payroll, why did COP send VCIP checks that cannot be cashed (must be deposited)? Now I have to wait for the funds hold (not balance waived because of COP's questionable financials) to expire...

Feel the burn mofos!!!

Bottom line.... COP is not a great place to work. If you have them on your resume its not a good thing. Future employers want people who have done meaningful work that gave results. When your resume hits a potential employers desk it will probably be... — read more 

Just a guess but seems COP Calgary is holding on to employees to take care of production until their assets are sold in the Summer. I believe the buyer will be CNRL and its already a done deal because they believe prices will begin to stabilize and... — read more 

The gas companies have to plan for the worst case scenario if oil prices stay lower for longer, ConocoPhillips Chairman and CEO Ryan Lance told attendees

If they know and announced that we will have low production for the remainder of 2016 why do we not cut work we hours through 2016 to M-Th? Cost savings & Moral boost =win win......

That is not a correction or a bear market, but a depression

Wishing those of you with a job BEST OF LUCK !!!!!

How do you get a vcip after you've been laid off? Says a lot for COP hope they weather the storm.

http://www.msn.com/en-us/money/markets/saudi-oil-minister-surprises-opec/ar-BBpVQ7x?li=BBnb7Kz&ocid=mailsignout Aramco hosts fuelfix.com, where the other article came from. They did not relate the really awful part, included in this Wall Street... — read more 

Translation: ConocoPhillips announces bankruptcy and its liquidation, Ryan will be going to jail...

http://www.bloomberg.com/news/articles/2016-02-24/another-oil-crash-is-coming-and-there-may-be-no-recovery?cmpid=yhoo.headline

http://fuelfix.com/blog/2016/02/23/conocophillips-ceo-margin-is-king-cost-savings-key/

Shale operators from Texas to North Dakota will be “decimated” in coming months. Lots of fat to cut at COP, 14,900 worthless employees. Make a decision tree to figure the upcoming six months! Run your scenarios till no end so that you realize that... — read more 

Cut lots of fat or get liquidated!!! Lol. Let's not! Shale producers will be decimated!!!!! Avg. WTI. Since Jan. 2016.. 33.32 .... COP 62.07% debt to equity very bad. Third quarter last year debt to equity was 55%, 2nd quarter earnings will put COP... — read more 

Who would you like to see for the general election? And who do you want to win? Trump vs Hillary. Trump wins

Yeah buddy billions of dollars being lost by COP. Big target in their back for bankruptcy or take over but no merger.

http://fuelfix.com/blog/2016/02/23/saudi-oil-minister-production-cuts-are-not-going-to-happen/

How is the RBU in Farmington doing? As an ex-employee, I'm curious to see how the cuts have affected the work and if any good came out of it..