Under his current compensation plan, Wichterich received a salary of $61,250 per month through the end of July. That jumped to $204,583.33 per month in August, according to a regulatory... —  read more 

After CHK. What are you/they doing now? I still cannot find anything and it's getting a little discouraging.

Bloomberg has an article about the financial loss from the hedges. CHK looks like it did great, expected hedge loss of $452 Million. At least we don’t produce as much as other, they’re going to lose more. However, it’s a little depressing when we... —  read more 

Word of the street is that those positions will be eliminated prior to the closing of the STX sell. Then everyone can stop hearing TB trying to position himself every Monday for new positions. If I didn’t know any better I would say he was trying to... —  read more 

So our news anchor leaves the company and co-starts a new company. Guess who one of their first clients is. Give up?? None other than Chesapeake. Imagine that!!

To stay in the company where I am overwhelmed with work, while others who are privileged for some reason do not have even a third as much work, do not have stress and have an excellent work-life balance? Unfortunately, only those who cannot find a... —  read more 

Can't change the company without taking out the rest of the trash.

https://jobs.chk.com/job/Oklahoma-City-Reservoir-Engineer-II-OK-73118/768875000/ "Preferred experience in the Eagle Ford Reservoir characterization and development, which should include knowledge of Rate Transient Analysis and multi-phase flow." —  read more 

So quit complaining about people quitting. Soon there won't be an oil and gas industry to speak of so the fewer people saturating the company with overhead the better.

How many people were released due to “restructuring” when AKM ran the show? How many people could honestly say they didn’t feel appreciated or had been treated unprofessionally when MAB ran Human Resources? How many people did you see running... —  read more 

I don't know if this many people have ever left this company before? Is that the goal of our top dogs? Since the start of the week, several colleagues of mine have left. I wonder if our leadership is ready to deal with the consequences that are... —  read more 

A vineyard in Shreveport would be more profitable than this union.

This is my last week at this steaming pile. It’s been fun and horrible all at the same time. These last couple of months have been the hardest. Watching great people one by one walk away and seeing what was once a great place to work turn into what... —  read more 

https://www.psypost.org/2021/07/researchers-explore-employee-perceptions-of-bu-----t-in-the-workplace-with-the-organizational-bu-----t-perception-scale-61415

Frac with sewer water or maybe oil from other wells, run flares through Bitcoin mining rigs, drill from surface to TD without casing, drill everything with air-no mud ever, water well rigs have cheaper day rates than oil drilling rigs, fire everyone... —  read more 

Finally. Wow, after all this we get a 3% bump after getting another 20% workload dumped on us after every layoff. Career trajectory is looking pretty dismal as this point of you plan to stay with the company. Me, I’m leaving in a couple weeks... —  read more 

A few bad people can destroy everything. I think CHK could have done a lot better, if only there weren’t a few people without any vision. And of course, that’s exactly why in the last 2 months my colleagues have left this company more than ever... —  read more 

You ever notice how some people get the formal email from someone placed in a leadership role (notice how I never called them leaders) thanking them for their service to the company. While others get kicked in the nuts and shoved out the door. Ice... —  read more 

People aren’t trying to stab you in your back and take your job at every turn. People aren’t filing BS claims with HR. There are no rumors of upcoming layoffs, the majority of people are actually happy to come to work, no one is stressed over if they... —  read more 

Best thing CHK ever produced before it was axed like the rest of us. RIP.

Acquisition in Haynesville. Selling S.TX. Selling (giving away) Rockies. Picking up rigs in App until pipeline constraints restrict development. One or two more rigs in Haynesville in 2022. Let attrition take its course after the asset sales. Another... —  read more 

I can’t remember when the atmosphere was more depressing where I work. People never saw each other as competition and the morale was good once, no matter how hard the times were. Now the company has created a sickeningly competitive atmosphere with... —  read more 

I come back to this site every once in a while to remind myself what people sound like when they are bitter and able to say things anonymously that may or may not have the slightest bit of truth to them, instead of just doing their jobs. Thanks for... —  read more 

Q: What happens when your friends at the top have left? What are you supposed to do when the umbrella is gone? A: You get rained on and then you get gone. Save your paycheck and pack your bags. Your little bubble is about to burst.

Have things improved in the past three years since I left? I liked my job there for the most part but for my last two years, things have been changing for the worse so rapidly that I decided to leave before things deteriorated even further. I keep... —  read more 

So whose going to survive the next round of hunger games? Is there that much activity to justify having a Drilling and a Frac VP? My thoughts are no and I imagine the banks board probably doesn’t either. I’m just curious how low they will go in... —  read more 

Now, I bet you won't be surprised to know that some people were told "no" when literally begging for a voluntary severance last year, and some people left with a small nest egg. Might we venture to guess why these chosen ones got a windfall to sit... —  read more 

Do my eyes deceive me? Did I wake up to see that they finally got rid of the dusty ole spider? OMG!! I never thought I would see the day that they would get rid of the most unethical officer in the company. Ironically heading up the ethics and... —  read more 

The previous post meandered into some dirt on drilling folks in the field. That was the best part. The $60k KLX thing in STX... wow. What else is there? Any stories? Only use initials or hints, don’t give any names. I know of some ticket signing... —  read more 

and so it begins. Three more execs walking out tells me all i need to know about what is really going on. No way they leave if what is being said about our buying other assets or companies is true. Writing is on the wall. Getting my resume out... —  read more 

Happy Friday

Very complex situation, but the end goal is clear, whole business unit should be gone soon.

I heard he is related to the founders of Murphy Oil Corporation. He started at the very bottom, pumping toilets on a rig. He doesn’t play games like rigged economics and he hates debt. Just saw his post on LinkedIn on his announcement that his name... —  read more 

they get paid alot here right? is anyone worth the dough?

Anyone else notice like 4% of Chesapeake is basic white men named David that make too much money?

What’s going on at chk? Any new developments?

Check out this definition, from an old DSM, of a phase of the mental illness, manic-depression, known as hypomania: Hypomania (literally “under mania” or "less than mania") is a mood state characterized by persistent disinhibition and pervasive... —  read more 

Of course, this is an individual thing, but the company you worked for also has a lot to do with it. After I managed to get a job at a company in this sector, I was surprised how people went much further in terms of technical knowledge and... —  read more 

It seems posts on here keep getting deleted. Upcoming CEO will clean upper management house and that may trickle down into mid management. HODL onto your hats... and your jobs?