Permian rig count dropped so quick. Baker share of the rig in this region is close to 0. We are at the very bottom now. Second phase of lay off is already announced. Contact is already made last weekend and let-go employees will meet HR for severance package this week. We all thought the firing was over in Feb.
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They have informed employees in Aberdeen that there will be headcount reduction, as required by law, end of March, would be possible.
Any layoffs in Aberdeen?
How many people in Midland? I am in Aberdeen so have no idea.
I can confirm this situation. Many of us are headed in to the office this week.
Rig count may be at zero in the Permian....but the layoffs are still not over for all the ancillary workers...ie. welders, machine shops, and suppliers, management, HR. We have the remainder of 2015 to watch those layoffs.