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La Plata permit applications double in 2014

La Plata County’s drill permit application count more than doubled in 2014, having received 87 applications from oil and gas companies, according to a Durango Herald article. Though it’s quite a jump from the 2013 count of 32 applications, the county won’t necessarily see a spike in drilling. “Just because we have a permit doesn’t mean they’re drilling,” Christi Zeller, ...

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EVRAZ is laying off 200

The downturn in U.S. oil drilling will prompt EVRAZ to lay off up to 200 workers at its Pueblo steel mill starting Sunday, the company announced Wednesday. Seamless pipe used in the oil field industry is among the three main products made at the 1,000-plus worker plant. The others are rail and rod-and-bar. It is the second largest layoff announcement ...

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Broadening opportunity: What the future of oil and gas could mean for people of color

There are few areas of the workforce that have propagated opportunity and upward mobility like the energy industry. People who had nothing or limited chances found a path through energy-related occupations to buy houses and start families. What is even more gorgeous, energy will never go away. Looking past our current energy production slump, whether its traditional fossil fuels, renewables ...

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Colorado’s unemployment hits 7-year low

Though Colorado’s oil and gas industries recently weathered economic uncertainty, the state’s job market certainly hasn’t suffered. According to a KUNC article, Colorado is witnessing its lowest unemployment rate since October 2007—just before the start of the recession. “Overall, 2014 was a great year for Colorado,” Alexandra Hall, the Department of Labor’s chief economist said in the article. The state ...

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U.S. Steel warns it may lay off almost 2,000 workers in Alabama, Texas

U.S. Steel Corp. said it will curtail production at pipe-making plants in Alabama and Texas and may lay off almost 2,000 workers because of “softening market conditions” in the oil and gas industries. The announcement Monday highlights the fallout from the global collapse in oil prices and rising competition for pipes, U.S. Steel’s most profitable product. The Downtown-based steelmaker said ...

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Energy companies vie for experienced workers with skills in high demand

Specialized, experienced engineers are becoming a tough get in Western Pennsylvania as the gas drilling industry outpaces the growth of an experienced talent pool. Stock awards, sign-on bonuses, unlimited vacation and travel stipends are increasingly becoming necessary for companies looking to attract top candidates, recruiters say. “Sometimes, we get so lost in it, they have so much they’re trying to ...

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Layoffs in the Bakken and a shifting economy

As the oil price slump persists consumers are reaping the benefits of lower fuel costs. Towns like Williston, however, with economies structured around the oil and gas industry, are beginning to see the effects of the nation-wide drilling slowdown. A recent report from CNN Money examines how the slowdown is beginning to affect workers in the Bakken oil formation of ...

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US rig count falls by 43 to 1,633

Pump jack oil well

HOUSTON — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. fell by 43 this week to 1,633. The Houston firm said Friday in its weekly report 1,317 rigs were exploring for oil and 316 for gas. A year ago 1,777 rigs were active. Of the major oil- and ...

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