Oil firms cut jobs as oil prices slide and rigs fall
SandRidge and its unit Lariat Services cut Permian Basin staff after crude oil slipped about 60 percent from June peak to $41. With 14 rigs and a large service fleet, the company plans layoffs while evaluating further closures. Officials note payroll costs exceed a million dollars monthly as demand and prices weaken.
MENTIONED IN THIS ARTICLE
Jeffrey Wilson
Sand Ridge
Plains-West Texas
Lariat Services
Patterson-Uti
SandRidge
Permian
Lariat
Permian Basin
Wilson
Odessa
Curley Wagoner
Wagoner
Mid-Continent
West Texas
SEC
Pioneer Natural Resources
Joseph Triepke
Oilpro.com
Triepke
E&ps
Per
Mian Basin
Baker Hughes
Helmerich and Payne
John Lindsay
Colorado
Organization of Petroleum Exporting Countries
SandRidge unit Lariat faces Permian timing unsure
Schlumberger officials announced a nine thousand worker cut and Halliburton warned of layoffs. SandRidge, parent of Lariat, holds Mississippian leaseholds in northern Oklahoma and southern Kansas with 11 000 drilling locations and about 680 million dollar market cap. Company plans full results in late February and notes no Permian drilling currently, keeping assets and staff in the region. Wilson said Lariat wasn’t used after recent drilling.
MENTIONED IN THIS ARTICLE
Schlumberger
Halliburton
Lariat
SandRidge
Oklahoma
Kansas
Wilson
Permian
Sand Ridge
Wide-ranging drug case targets Cortez and Derington rings
Federal case in the Permian Basin centers on cocaine and meth distribution spearheaded by the Cortez family at Alfredo's Paleteria in Midland and led by ringleaders Andrew Cortez and Albert Cortez. A separate Derington operation involved meth distribution with Brandon Derington in Midland and multiple co-defendants. Still at large are Alejandro Esquivel Gabriel Miller Paul Hicks Bryant Black Danny Blakely Wesley Williford Ruben Mancha and others. Indictments name dozens of defendants in conspiracy and possession with intent to distribute drugs.
MENTIONED IN THIS ARTICLE
U.S
Brandi Young
Cortez
Andrew Cortez
Albert Cortez
Alfredo
Paleteria
Midland
Will Glaspy
Drug Enforcement Agency
Raul Saldana
Cortez Brothers
Alejandro Esquivel
Gabriel Miller
Paul Hicks
Redbud Avenue
Odessa
Albert
Blanca
Alfredo Cortez
Bill Lewis
Lewis
Denver City
Derington
Brandon Derington
Permian Basin
Bryant Douglas Black
Danny Ray Blakely
Wesley Williford
Ruben Mancha
Jose Dominguez
Daniel Yearicks
Guillermo Borunda
Manuel Valenzuela
Fidel Segura
Benito Sanchez
Ramiro Castillo
Jose Valenzuela
Curtis White
Jose Garden
Miriam Sanchez
Avelardo Castillo
Chris Wayne Grimes
John Steven Renfro
Jeffrey Lynn Lane
Lacy Brooks
Sherry Ledford
Olivia Ramon
Juan Martin Arteaga
Eddie Herbert Alviso
Steven Egge
Michael Johnson
Ruben Long
Tiffany Thetford
Instructor guilty in recruit rape at Lackland
A jury found Air Force Master Sgt. Michael Silva guilty of raping a recruit he trained twenty years ago at Joint Base San Antonio Lackland. The verdict also convicts him in a separate 2007 rape case in Wyoming, reflecting two decades of alleged sexual assaults.
MENTIONED IN THIS ARTICLE
San Antonio
Air Force
Joint Base
San Antonio-Lackland
Michael Silva
Wyoming
Also Mentioned on This Page
Ie Oapa.com
Lariat Company
Lariatearyices.com
Santa Fe
Wwe Hehams.com
JIMS
ET AL Src
Pecoe
CSA Materials, Inc
Texas Commission On Environmental Quality
TCEQ
Highway 191
Yukon Road
Ector County
Texas
Eiry
Eyett
Tadee
Tura
ARCA
Shade Tree Sale
Nature's Finest
THE
Associated Press
Wa Shopping & Selling
As.com
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!