How many frac crews have been put down this year?
Have they been cutting in other PSL's yet?
8 replies (most recent on top)
I went through all this with Halifk during Covid. I learned they truly do not care about their employees. I actually got an offer and kept my job. With being short staffed and trying to do a job that 3-4 other people were previously involved in I had more interaction with senior management as a result. This is when I finally learned just how out of touch these “people” really are. I wound up leaving on my own due to the extreme arrogance, incompetence and total lack of regard for the “hands”, the people that actually work for a living and help generate profits for the company. I went to a competitor and it was a different world. I truly hope that Halliburton is shut completely down and their employees (the actual workers) go to other companies where they are appreciated. Halliburton was once a great and well run company but that’s been decades ago.
@cr
20000 jobs is almost half of halliburton's total workforce, this is the equivalent of covid layoffs. post some proofs or gtfo with this nonsense
Fake news on Layoff at Halliworld. Oil and Gas is great. I DJT made it great. Don't you feel how great it is?
@cq That sounds like an accident waiting to happen.
Also - VP of North America will be in Odessa tomorrow. 20,000 jobs will be cut by end of year.
On the drilling side - Permian & Delaware basins are poking more holes through efficiency with less rigs. Every cement job is now done off-line without BOP/well control. After casing is run rig skids over to next well to start drilling and Cement crew circulates well & does cement job without rig waiting on cement 8 hours. Saves 10 rig hours per cement job. A five well pad @ 3 cement jobs each cuts out almost a week per pad.
It is brutal and the mass layoffs will continue
In 2024, the U.S. Energy Information Administration (EIA) reported that the Permian Basin averaged 308 active drilling rigs.
As of August 25, 2025, the active rig count in the Permian Basin is around 233 rigs, a significant drop from earlier in the year, with the total U.S. rig count also trending downward. This decline reflects a broader industry trend of operators reducing drilling activity due to lower oil and gas prices, focusing instead on shareholder returns and debt reduction.
https://www.eia.gov/todayinenergy/detail.php?id=65024
https://www.enverus.com/dailyrigcount/