Originally posted by bowfishin fool
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Hey Oilfield Guys!!
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Well fellas just got another email from my current employer and they are hitting us with a 3rd round of pay cuts come Aug 1st. This will will put my cut in the mid 30% range at least.
Another company made me an offer almost at my original pay so I'm stumped as to what is really going on other than not coming up quick. Filling out job apps and background authorizations today just in case.
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Originally posted by bphillips View PostWell fellas just got: another email from my current employer and they are hitting us with a 3rd round of pay cuts come Aug 1st. This will will put my cut in the mid 30% range at least.
Another company made me an offer almost at my original pay so I'm stumped as to what is really going on other than not coming up quick. Filling out job apps and background authorizations today just in case.
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Originally posted by denowt View PostWith all of these price/pay cuts, and companies still operating at the reduced profits, it brings to light just how much money is being thrown around and wasted when the oil/gas prices are inflated.
Flame away, but I ask that you argue with facts.
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I start my new rig that we just picked up on Wednesday. In the cotton valley so 3-4 week wells. I was home for a month in June so this will be a nice change. The month home was nice too tho. Good luck to those still fighting the good fight. And I agree with everything you've said bphillips. Hope we're wrong but I don't see it getting good for at least another year. And good luck in your change of companies, if you choose to do so.
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It's trickled down to us lease operators finally.
We aren't allowed any overtime at the moment, but I'm not complaining. I've spent the last three years babysitting a company phone just waiting for a call out...sometimes 2-3 in an evening or over night. It's nice to work my 8 and turn the phone off...or be able to do what I need to do around here without having to go back to work.
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Originally posted by Skinny View PostIt's trickled down to us lease operators finally.
We aren't allowed any overtime at the moment, but I'm not complaining. I've spent the last three years babysitting a company phone just waiting for a call out...sometimes 2-3 in an evening or over night. It's nice to work my 8 and turn the phone off...or be able to do what I need to do around here without having to go back to work.
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Originally posted by denowt View PostWith all of these price/pay cuts, and companies still operating at the reduced profits, it brings to light just how much money is being thrown around and wasted when the oil/gas prices are inflated.
Flame away, but I ask that you argue with facts.
Yep. Just a bunch of people throwing money around senseless.
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Originally posted by denowt View PostWith all of these price/pay cuts, and companies still operating at the reduced profits, it brings to light just how much money is being thrown around and wasted when the oil/gas prices are inflated.
Flame away, but I ask that you argue with facts.
The price cuts are costing jobs, some high paid employees and plenty of hard working middle class people. It almost seems as if you think that a company should make just enough money to cover expenses when times are good, but what about when times are bad? Just like everyone else that has any sense, you gotta make hay while the sun is shining. Cuz tomorrow ( today ) it might rain.
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