Halliburton Energy Services Inc. served notice Thursday it plans to lay off 54 local employees, marking at least the third time this year the Houston-based oil field contractor will have cut its staff in Kern County.
The layoffs at the company’s offices at 34722 7th Standard Road follow more than 1,200 oil field job losses in Kern since December. The cuts are widely attributed to a roughly 50 percent drop in the price of crude since June 2014.
Halliburton attributed the reductions to “current business conditions.” It left open the possibility of more layoffs later.
“We value every employee we have, but unfortunately we are faced with the difficult reality that reductions are necessary to work through this challenging market environment,” company spokeswoman Emily Mir said in a written statement.
“Halliburton will continue to monitor the business environment and will adjust the size of our workforce to align with current business demands as needed.”
Oil field service companies such as Houston-based Halliburton have suffered the worst of the domestic staffing pullback as oil producers make do with fewer contractors to perform labor-intensive jobs such as drilling and well maintenance.
But recently, even large, local operators such as Chevron and California Resources Corp. have announced efforts to trim their staff to deal with lower prices.
Halliburton told county officials Feb. 16 it planned to let go of 51 employees at the 7th Standard location that same day. A month later it said an additional 39 workers at the same plant would be dismissed that day.
All 144 job cuts announced by the company so far this year have been labeled “permanent.”