Saudi couldn't come up with an agreement with Iran. Prepare for extended periods of low oil!!! Exciting times!
Layoff update
No layoffs planned right now. Plan is to wait and see what happens this year with prices. Thank is is wrong for a number of reasons... Competitors are not standing still and when we are benchmarked against them our stock price will suffer. Shows... — read more
Layoffs coming company wide
The ship is burning....
RBU SJ Asset in Farmington, NM office still whining!
Time to move accounting and land work from Farmington to RBU main office. All the Farmington office does is whine to us about morale and petty staff disagreements! Nobody is doing anything in Farmington and when they do it's wrong!
Its time!
Set yourself free you old school thinkers. Let go of the burden of having to micromanage not only your own highly depressed team but every single person who comes into contact with you. Aren't you tired of telling people they can't have soda, they... — read more
Reorganization
There are alot of Reorgs in RBU lately but no announcements..... somethings shaking loose I am guessing May
Offices
I am wondering what legitimate reason there is to have both H64 and 30th Street buildings open when neither office is full, wouldn't combining buildings be the best cost savings?
Honestly
I feel bad for all those who have been laid off and weren't ready for it , but hope that life now finds you well. For all the people who are still employed by COP and are on this site you really should soldier up and do your best otherwise leave and... — read more
Sundays
Sundays are always the worst days , you can feel the pain of an unhappy environment long before the day gets here.....
More Canadian WCBU Asset Sales?
More layoffs coming, in light of the upcoming Canadian WCBU asset sales? Thoughts on timing and magnitude?
Stan Rogers, Canadian, early oil boom song
https://www.youtube.com/watch?v=yMfwxWA14zo&nohtml5=False
Chevron folks got decimated this week! Chevron is in better shape than we are... Go figure!
Lots more folks will be layed off!!!! It's an epidemic that won't stop until 65 dollars a barrel returns.
Observations
The SEAT meetings are over and we are all aligned-- the ELT is a bunch of arrogant narcists who don't have a clue. Hint: headquarters is a bloated mass of people bugging the business units for more information so these requesting managers can impress... — read more
Why?
Why is absolutely nothing being done about morale? It is not just the normal whinning people it is everyone. They are so down so miserable and noone does anything about it...just because things are tough does not mean job loathing is a required part... — read more
Why?
Why is absolutely nothing being done about morale? It is not just the normal whinning people it every, everyone is so down so miserable and noone does anything about it...just because things are tough does not mean job loathing is a required part of... — read more
Travel
Why would HR & Leadership travel to Houston? You guessed it....something is going down
North Slope operations morale at critical levels.
Now that the totalitarian management regime at Kuparuk have lost their wits by demanding pay cuts from the contractors (mainly ASRC) and giving that money to themselves. Causing a reaction that has ASRC employees assembling for union formation to... — read more
"Poor" San Juan Bigot
Isn't it sad that ConocoPhillips would keep someone who is so racist, misognisic, homophobic, and xenophobic as the poor guy in San Juan? Walking around the hallways, it's impossible to get away from the ignorant rants he makes in the name of... — read more
Employee Count
Any idea what the employee count is now? It was over 18,000 when I started in August 2014.
Next round of layoffs?
Next round of layoffs? Come on baby!!! A large bunch of us are waiting...
There will be no production freeze nor will there be any production cuts!!! Layoffs are coming!!!
Algeria, Angola, Ecuador, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates (or UAE), and Venezuela are members of OPEC. These countries’ March crude production figures are as follows: Algeria’s production... — read more
Scheduling/Cost Savings
I'm certain a large portion of the staff would be willing to work a reduced work week (4 days/week) and take a 20% pay cut in lou of losing your job. At least the company is retaining workhorses (which they will eventually need when things bounce... — read more
What will the quarterly loss be this time around?
Surely it will be in the billions
Netflix and Work
Apparently there is a production engineer located in Houston working for a RBU asset who watched Netflix for the better part of 2015. Isn't it nice to get paid a engineers salary to watch Netflix all day? Anyone else know of people who watch Netflix... — read more
DANTES INFERNO
What fresh level of hell is being at the office on Friday with absolutely no work?
Did you receive a pay cut?
I'd like to know how many people were forced to take a reduction in pay with the reorganization last year? Were you demoted? Did your job responsibilities change? My pay was cut 20% when my position was moved to a different location but my... — read more
Horus, well that sucks!
Rumor has it that it will not be drilled.
BP informs Texas work force commision
BP spokesman Jason Ryan said the cuts were part of the 4,000 upstream jobs its plans to eliminate in 2016. The company is also aiming to trim about an additional 3,000 downstream jobs by the end of 2017.
Canada layoffs
Has anyone heard if there will be any further layoffs in the Calgary office?
Survivor
Next round of layoffs should be modeled after Survivor... everyone that is left in the tribe gets a vote on who to boot HR calls you down " Grab your stuff The Tribe has Spoken"
Trump!
“You know, we needed, we needed oil desperately years ago. Today, because – again, because of the new technologies, and because of places that we never thought had oil, and they do have oil, and there’s a glut on the market, there’s a tremendous glut... — read more
LOWER FOR LONGER!!!!!
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 2.3 million barrels from the previous week. At 534.8 million barrels, U.S. crude oil inventories are at historically high levels for this time of... — read more
Bville Shutdown
Given all of the empty Houston office space, would it make sense to consolidate everything in Houston and shut down Bville completely? We are now a smaller company and consolidation makes sense.
Hour cuts?
Hour Reductions....why are there not hour reductions? We are going to mess around and wait until its too late to make changes then the only thing that can be done is layoffs..it seems to be the plan