The layoffs keep coming in the oil and gas sector in West Texas. As reported by the Dallas Morning News (see article here), this time, it was another oilfield services company, fracking contractor Superior Energy Services Inc., which cut more than 100 jobs from its Pumpco unit in the Permian Basin last month.
The Permian Basin has a net loss of 400 jobs through the first 10 months of the year, which is dramatically different from the more than 16,000 jobs it added during the same period last year, according to a report from the Federal Reserve Bank of Dallas. The Dallas Morning News also reports that fracking crew jobs have been hit the hardest, dropping more than 20% this year. According to the article, layoffs have also been reported at National Oilwell Varco Inc. and RPC Inc. in the past several weeks.
As these layoffs continue to mount, it is an important time for a reminder that anyone who has worked in the oilfields should know their legal rights regarding overtime pay. The oil and gas industry is rife with overtime violations. Even workers who have signed separation, severance or settlement agreements may still be able to assert overtime pay claims against their former employer.
If you believe you may have a claim for unpaid overtime, it is important to talk to an experienced overtime attorney who will guide you in the right direction. Josh Borsellino is an experienced overtime attorney that understands overtime rules and regulations and fights on behalf of oilfield workers for their overtime pay. He offers free consultations and can be reached at 817.908.9861 or 432.242.7118.