The Eagle Ford Loses More Jobs

CalFrac & C&J Energy Cut Employees
More Texas Jobs Cuts

More Texas Jobs Cuts

The announcement of more job cuts in the Eagle Ford last week highlight the sustained struggle that energy companies face.

Related: Devon Energy to Cut 1,000 Jobs

The Texas Workforce Commission reported last week that two companies that service Eagle Ford Shale will lay off 174 people.

CalFrac Well Services will be laying off 87 employees in May at its San Antonio facility, bringing the total number of company layoffs to more than 1,700 jobs since the end of 2014. The company has been hit hard by the prolonged low crude prices and in its year end report, announced a net loss for 2015 of $221.6 million.

Another company with has already given notice to 87 employees is the C&J Energy Services. The Houston-based company said the cuts will come from their facility in Robstown and come less than a month after the company laid off 78 workers at its facility in Pleasanton.

C&J Energy Services Senior Vice President Billy Driver told BizJournal that, “The planned layoffs are being classified as permanent, although the company has hopes to rebuild its work crews wherever orders for services warrant additional staffing.”

Just last week, C&J Energy Services founder and CEO Joshua Comstock died unexpectedly in his sleep. The company named Randy McMullen to take his place.

Read more at twc.state.tx.us

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Elizabeth Alford

Elizabeth Alford

Elizabeth Alford writes on significant news developments in the Eagle Ford oil and gas play taking place across South TX. She is a freelance writer with an extensive communications, PR, and staff writing background.
Elizabeth Alford

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