How come BHI is suddenly posting a bunch of jobs online ? Is the HAL deal off and they now need to staff up again to be able to run their business ?

Heard that Odessa Wireline shop closed their doors today. Not enough rigs drilling to need logs.

Crackerhead et al $14M+ http://money.cnn.com/2016/02/19/news/companies/schlumberger-ceo-pay-oil-jobs/index.html The modest drop in Kibsgaard's compensation was the result of the performance of his pension plan. His base salary and stock were up from... — read more 

I loved shirking at Baker Hughes. Terrifed company with excessive people. I'm galled I spent 26 years there. -Ralph

Join The cult of Nitro for your salvation and he will lead you to the Halliburton promised land. Are you with us?

Scraps for the rest

Got the old axe today at both yards. Oklahoma district manager and HR calling guys at home to lay them off. Good day it was

Tuesday February 16, 2016 It is yet another week in which rumors of an OPEC cut swirled around the oil markets. The difference this time, however, is that the rumors are backed up by a bit more substance. OPEC-Russia deal. OPEC confirmed on Monday... — read more 

Are we going to have Bonus paid out in March even though BHI posted loss in revenue in 2015. They said bonus is guaranteed ... so I expect to receive $40 K in my bank in March or will it be less ? Anyone has any info? Thanks.

Beginning this year Baker will be dismantled piece by piece, business unit by unit, top leaders arranging themselves selfish exits, too many years of mismanagement and miscalculated risks, its too late to save, too many players, sparse information... — read more 

does anyone know what this is going to be about. one Rumor is layoffs the other is low earnings?

What depts are left in OKC? PP ? Geoscience? wireline sales? Any left in these offices? Bits bot any left? What management is left? Any word if the rest will move into the new office building we spent so much money building??? 😆

Any news on the meetings planned today?

What?

I loved working at Baker Hughes. Terrific company with exceptional people. I'm glad I spent 26 years there. -Ralph

Now under review by corporate. Heads up Claremore.

http://www.wsj.com/articles/gas-at-1-looms-soon-for-parts-of-u-s-1455038613

http://www.bloomberg.com/news/articles/2016-02-09/halliburton-said-to-plan-sale-of-baker-s-offshore-fluids-unit?cmpid=yhoo.headline

http://www.foxnews.com/science/2016/02/09/man-killed-by-meteorite-in-india-say-government-officials.html

For the PR people to say that the Phase 2 Investigation into the proposed take-over by Haliburton is "standard procedure" is a bit of a fabrication. Betweeen 21/09/1990 and 31/01/2016 there have been 6096 mergers/takeover considered by the EU. Only... — read more