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Shale downturn claims more Halliburton jobs in Oklahoma and Texas

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By CAMERON WALLACE


HOUSTON – Halliburton is making reductions in its field staff in Oklahoma and Texas, including its Duncan field camp, as the company continues to adapt to a new market normal following the most recent crash in shale exploration.


In a statement, the company said “unfortunately, Halliburton is making reductions at our Duncan field camp in Oklahoma and locations in Texas as we adjust our workforce to reduced customer activity. This was a difficult decision, but is a necessary action as we work to successfully adapt to challenging market conditions.”
A specific tally of the number of positions to be reduced was not provided.
This announcement is the most recent of Halliburton’s efforts to meet the new economic realities of a global oil production war, made more challenging by unprecedented demand destruction in the face of the COVID-19 pandemic.
In March, Halliburton announced compulsory reduction of hours for 3,500 employees at its corporate headquarters in north Houston.


https://www.worldoil.com/news/2020/4/7/shale-downturn-claims-more-halliburton-jobs-in-oklahoma-and-texas?utm_srce=hootsuite&utm_medium=&utm_term=&utm_content=&utm_campaign=

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