Lets hope announcement is him saying we can have VCIP early! Or at least for those of us getting the boot
L48 TH
Want to bet Dec. 14th town hall is announcement of who bought Gulf and SJ.
When will O&G companies start hiring again?
Hiring will begin when mega-investors start backing E&P companies, and that won't happen for a long time. $80 oil for a few months is only a worm dangling on a hook for major investors, who know from experience that can be jerked out of the water in... — read more
VP of Corp Strategy laid off today...or?
Reminiscent of the VP of HR in 2015, the VP of Corp Strategy disappeared today. There was never an explanation on the VP HR exit. Anyone know about this one? As the site says...Comment! It's Anonymous!
RL should be fired as the exploration VP, along with all of his cronies
How many billions of dollars has this guy lost the company? 1). Funneled money to deepwater projects as NA chief that have lead us nowhere other then debt up to our a$$holes - the GOM adventure was a true $hit show - Canada? laughablep 2). Refused to... — read more
Company Needs
Below is a list the company needs to take to survive long term as an independent. Yes, some overlap for editorial purposes. 1) The COST project was an inept joke. The company needs to start an examination of all company processes with a blank sheet... — read more
Its all coming together
For years employees wondered why there was no combination of buildings in San Juan two half empty buildings one on either side of town. Most smart businesses would consolidate but we could never figure out why they had a skimpy 30 people sitting in... — read more
Whoever is in charge of office space leasing / management should be let go....talk about a lack of accountability!
How many times are we going to move people around and how much money does this cost us each time we do it? And how much unused office space do we now lease/own? sounds like this is the work of someone in the almighty 'cost' project....most likely the... — read more
people touring EC 4?
There were several groups touring EC 4 from COP. That is the empty building. It was high level people, not maintenance.
COP in Canada is a waste! No one knows how to manage their way out of a wet paper bag. The only good parts are the lowly worker bees.
IT leads are useless especially the DT lead, what a "manager", never could lead anyone. Then the infra sup is a total brown noser with no ability in his position. It's too bad about WCBU as they have the best group with the best VP. Oil sands will be... — read more
I am so disappointed in Conoco
They treat their contractors like a third wheel even though some of them do more work than an actual employee. I understand saving a dime, but if they are doing the same work as a Conoco counterpart they should be treated with the same respect. They... — read more
We need to let Bartlesville go with San Juan Asset when it sells!
Everyone in Farmington complains about the work that Bartlesville does so if they take Bartlesville with them when they're sold they can straighten them out and get them focused! It sounds like a win all the way around for everyone!!! Maybe... — read more
Why not sell San Juan gas assets?
The sale of any mature asset should not be a surprise, every big company does it! When assets mature and drilling opportunities are exhausted they represent increasing cost for diminishing production. Big companies sell mature assets and get paid for... — read more
Thankful...
Thankful for my new job that I love, where I am valued and respected, where my talents and skills are appreciated. Thankful for my wonderful family who supported me throughout my transition and who was proud of me no matter what. Thankful for this... — read more
ConocoPhillips Layoffs 2017
Any updates on possible layoffs in Houston.
COP is resetting its breakeven oil price to just $45 a barrel, down from roughly $60 just a quarter ago ! .. how was it possible ?
A $1 drop in oil barrel will affect upto $100 million to bottomline.. dividend cut will help.. but I still see rich IT contractors roaming in fancy cars !
Ordered all electric Tesla Model X with severance pay.
anyone following electric cars that are flooding market? what do you guys think about its impact on oil industry. Tesla cars are pretty cool. 250 miles on single charge..Even Chevy Bolt has 230 miles range.
Fire Sale
I was hoping that the sale of SJ would be quick like beginning of December quick!
ELT and Acccountability
I walk into HQ each morning and throw up a little in my mouth when I see the huge Accountability sign. Who has been held accountable table for: Saying no dividend cut then five weeks later cutting the dividend? Attrocious forecasting of prices?... — read more
20 Billion barrels of oil discovered in Texas Permian Basin! No where near Bartlesville so shut BARTLESVILLE down!
It's time to get rid of the albatross and shut Bartlesville down! Bartlesville top management is already looking for homes in west Houston and teams are already looking at office space in Houston to move to. What is slowing down the process?
Wolfcamp Shale Opinions?
Thoughts?
MF really needs to move on from 'figuring out' the 'tidal wave' scenario...
He obviously doesn't know jack about the history of American oil exploration...'tidal waves' have been going on ever since Drake drilled his well in Pennsylvania. We find something, we drill a lot of wells, we crash the oil price, time and time... — read more
Trump to bail out COP!
With Trump's executive powers and to make America great again, Trump announced in a follow-up to 60 minutes that he will enact a bail-out position for COP. He stated the only provision to ensure the long term viability of the company would be his... — read more
RL to the rest of ELT - Let's buy back shares and line our pockets full of money!!!
So how much money do you think the ELT just gave themselves buy electing to buy back shares? Joe average gets no raise for years but they just bumped their incentive packages up a notch as they all probably have a large number of shares and will make... — read more
Top Bartlesville management looking for west Houston homes. It looks like COP is finally moving out of Bartlesville!
Real estate company says at least four high ranked Bartlesville managers have unofficially started looking for homes in west Houston. They obviously know Bartlesville is going to be shut down and ConocoPhillips is moving out! Will it happen this year... — read more
asset sales?
At the analyst meeting they mentioned $5-$8 billion in asset sales. They also showed us moving away from gas. Has anyone heard if their asset is on the block? Will we be told which ones we are selling? It is going to hurt bad if we do another round... — read more
For those recently laid off and and filing for pension. Wait until January to receive Lump sum.
You will get a decent increase in my lump sum by waiting until January with the new 1st quarter rates. I may wait until February and see what the 2nd quarter rates are when they're posted mid January. IF there's another big change, I may wait to take... — read more
Losing a billion a quarter, running up debt; solution: buyback 3 billion of stock
Looks like Lance is trying to outdo Mulva as the worst company executive ever.
Woohhooo!!!! Let the selling begin!
So what isn't for sale in North America now?
Does Trump change anything?
Does a Trump Administration materially change anything for the industry? My thought is no. Any pro-industry move that he makes will likely reinvigorate the grass-roots movements that oppose us. For example, Trump will seemingly approve the Keystone... — read more