Nearly 100 Oil, Gas Workers in Texas to Lose Jobs
Two more companies are laying off staff in Texas, according to separate letters to the Texas Workforce Commission (TWC).
Freeport McMoRan Oil & Gas LLC, which has repeatedly cut its Houston workforce since the sale of its assets in onshore California and the Gulf of Mexico in late 2016, will lay off an additional 26 workers, according to a letter received by the TWC June 1.
Layoffs will begin July 31 and end August 13. Affected employees will receive severance benefits and transition assistance.
XTO Energy, Inc., a subsidiary of Exxon Mobil Corp., will lay off 67 employees at its headquarters in Fort Worth, Texas. In a letter to the TWC dated June 2, XTO Energy, a natural gas and oil producer, said it was eliminating positions “that are no longer needed in part due to outsourcing of certain custodial, move management and mail services and other reductions in workforce after a review of the company’s staffing needs.”
Layoffs will begin August 2 and be completed by September 2. Affected employees have no bumping rights and layoffs are expected to be permanent.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- ExxonMobil Racks Up Discoveries in Guyana Block Eyed by Chevron
- Oil Market Sentiment Has Improved Significantly
- EU, US Eye Collaboration on Nuclear Materials
- USA Driving Activity to Increase to All-Time Highs
- TC Energy to Sell Prince Rupert Gas Pipeline Project to First Nation
- EU Electricity Export to Ukraine Up 94 Percent in Two Years
- China Coal Output Falls for First Time since Government Ordered More
- BP Pulse Buys One of Europe's Largest Truck Stops
- UK CCUS Plans Outdated: Think Tank
- North America Enters Rig Loss Streak
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- EIA Drops 2024 Henry Hub Gas Price Forecast
- EIA and Standard Chartered Offer Up Latest Oil Price Predictions
- Red Sea Region Sees Another Watershed Incident
- Chevron Oil Project in Kazakhstan to Cost $48.5B
- OPEC Voices Encouragement after IEA Affirms Support for Oil Security
- Biden Govt Bares Strategy for Freight Charging, Hydrogen Fueling Infra
- Ukraine Hits Third Russian Refinery In Escalating Drone Strikes
- Rystad Looks at the Buzz Around White Hydrogen
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Is Peak Oil Demand Close?
- Vessel Sinks in Red Sea After Missile Strike
- JP Morgan, Standard Chartered Reveal Latest Oil Price Forecasts
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Rystad Forecasts Net Production of Top Permian Producers in 2024
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension