The trend that I see is that these Bible Belt based/origin companies simply can not compete at the national and international levels. Basically, in general, bottom tier employees end up working in Oklahoma - and many of the COP managers either... — read more
When will oil companies start hiring again
When will oil companies start hiring again? the cycle starts in services, then consulting and finally E&P current talk is price recovery to $50 by the end of 2016 and maybe hiring in 2017 there have been impressive gains in efficiency now the... — read more
Schlumberger CEO Paal Kibsgaard received more than $18 million in compensation despite his company cutting 20% of its work force.
Sounds like porky the pig!!
Ryan needs your support!
Breaking news: To save the Company and generate cash, Ryan lance Has started a campaign to start a new business within ConocoPhillips. Officially he is lobbing to convert ConocoPhillips into a Whorehouse. Please do not judge, we only need your... — read more
Exxon is looking to replace their reserves: The only scenario that would work for Exxon since ConocoPhillips is a mess with loose structure...
Exxon should buy all the assets of ConocoPhillips to replace the reserves but for this to work they should layoff all the trash employees and useless managers.
Manager Dumb Ass Awards
Let's post the most unqualified managers in the company by group. I will start it off. I'm from commercial, so the list is long: 1). Jim Mulva. No explanation needed. Crook. 2). Bill Bolton: This is the Anglo version of Ercle. Idiot. Knows jack shit... — read more
VCIP
How do they determine your VCIP if you were layed off? Do they have to rank you below a 3 or....
What did Canada get for VICIP?
What did Canada get for VICIP?
WTI: 29.44......first quarter this year will average WTI: 31.00. Feel the burn mofos!
Layoffs are coming!
The recent ELT changes are a COST team suggestion.
They will met their savings target now that you count savings from having one less overpaid ELT member. Good work COST team, all of you get raises and a promotion and one day you too will be CFO.
It is obvious that this is a good venue to vent and to share information.
Many that visit this sight do so to experience what is happening to friends and colleagues. Many visit to vent their frustration and anger. Those that are truly humanitarians share critical learned information and advice to help their friends and... — read more
Knowledge sharing
First time on this site and I am amazed at the amount of knowledge sharing and collaboration that is being displayed, not to mention all of the opinions and advice being offered. Nobody speaks up in the meetings or asks any of these questions on... — read more
Irresponsible
Talk about a lack of integrity. Forcing vendor and contractors to take rate cuts, cutting dividends, chopping budgets to maintain equpiment and laying hundreds of people off but still find money to hand out in bonuses. This show a lack of class as... — read more
Dino Nicandros... How I miss you!!!!
What a great company Conoco was then.....
Funny!
I thinks its hilarious that on the day they announce VCIP everyone stops talking crap.
WoW ... The leadership of ConocoPhillips will always WoW all of us.
For years We thought Matt Fox was in a coma and now he is in charge of STRATEGY and TECHNOLOGY. Wow poor guy... Oh I mean poor ConocoPhillips...
As long as you keep the same personnel nothing is going to changes... Joke company
ConocoPhillips (NYSE: COP) today announced the retirement of Jeff Sheets as executive vice president, Finance and chief financial officer after more than 35 years with ConocoPhillips. In conjunction with Sheets’ retirement, the company also announced... — read more
CFO Sheets retiring April 1st golden parachute and all.
They should have retired him last year in April what a crock of shit.
Technology has redefined our business! Can we adapt and survive?
Horizontal drilling and multistage fracs has redefined our business. High cost and high risk deep water exploration and drilling will fade away for the next few decades. as horizontal drilling and multistage fraccing is applied to tight low perm... — read more
CFO Retires
When your CFO loses all his credibility on Wall Street from the Dividend fiasco, he's promptly booted. Lance should be next. He has no credibility either.
Technology has redefined our business! Can we adapt and survive?
Horizontal drilling and multistage fracs has redefined our business. High cost and high risk deep water exploration and drilling will fade away fro the next few decades. as horizontal drilling and multistage fraccing is applied to tight low perm... — read more
Cleaning House
Devon is actually cleaning house and laying off supervisors. COP should do the same.
Where's the sense of urgency?
Would be hard to name an E&P Company that seems to have less urgency to balance it's cash flow than ConocoPhillips.
Layoffs on hold
I am not sure why but I feel safer about there not being any layoffs in RBU...the panic has finally left and more work being done.
VCIP
Someone on here suggested that those laid off effective 11/1 would get a prorated VCIP, if it is paid. The "Leaving the Company" summary suggests that someone laid off is eligible for an adjusted VCIP. It seems to be a bit ambiguous. Can someone... — read more
Devon Layoffs - 2/17 and 2/18
This afternoon Devon Energy announced layoffs of 20% or approximately 1000 workers companywide (about 700 in OKC). Supervisory layoffs will occur tomorrow, 2/17 and non-supervisory layoffs will occur Thursday, 2/18. Several executives left the... — read more
VCIP NEWS????
Please any news?????
So, once again, which is correct in this environment, no salary adjustements. BIG question is, will upper management decline bonuses and raises
Probably not, they will say, "the board of directiors wanted me to stay".
Nepotism at its best. Even in this environment.
Wow. Someone should be ashamed of themselves. Two summer interns with the last names of Hatfield and Dooley will grace the company this summer. How obvious can you get. Not only do Hatfield's cronies get to pick their own jobs (COST team), but now we... — read more
VCIP
Any news??????
Guilty of oil drop?
So let's see how many get this one right? Who do you think is/are the main contributor(s) to the oil price drop? Key points to think about before your respond: OPEC vs non opec countries Who's the last country to jack up the supply in oil for the... — read more
Rocky2016.com
Our only hope.
Capital Projects Australia BU West
Can someone explain why we have an Army of Contractors and Expats working on Bayu Undan Infill Wells Project in Perth...Why can't IOSC Projects take over such a small project scope to cut costs?