Trican Well Services Layoffs

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Topics regarding layoffs at Trican Well Services

Trim the fat. NOV

On speaking with some uppers at NOV. NOV is set to cut most of the management that is to be brought over with the completions sale. Keeping mostly the field and floor hands, the knowledge is with them not the management. It will be over time as th... read more
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Completions for sale

Completions on the sale block. See previous comment.
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US for sale.

The new word out there is that the entire Trican US assets/business is up for sale. With only the Canadian part being saved. The question now is who will be the next to purchase a part of them.
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Big trouble! Pumping and cement sold?

The word around the field is that trican is selling off or in the process of selling all their pumping and cementing in the USA. What's left after that? Completion sales? Will this keep them going? Doubtful, with the nearly non existent sleeve frac... read more
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1310 views | 2 replies (last )

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