workforce reduction

Survey: Historically Low Rig Counts, Crude Prices Continue to Affect O&G Workforce

By Chris Frevert, Managing Director Survey Details Reductions in Gross Revenues, Work Volume, and Headcount Since 2014, over 61% of oilfield service company owners have reduced their rates for top customers by more than 20%, and over 65% have seen … Continued

Oil and Gas Workforce Bears the Brunt of Falling Crude Prices

By Chris Frevert, Managing Director It’s no secret the oil price downturn is changing the face of our industry. The early summer WTI head-fake above $60 provided some temporary optimism but, as prices settle in the $40’s, questions remain surrounding … Continued