Since that's the only way Oxy knows how to make up for any kind of losses - in layoffs.
A home explosion in Firestone on April 17, 2017 k–led two men. On Monday, the COGCC levied an $18.25 million on Kerr McGee, a subsidiary of Occidental Petroleum, for its role in the incident.
https://www.timescall.com/2020/04/13/oil-gas-fine-occidental-firestone-colorado/
@9gwm+14tG7Qqp . APC f^#cks up one well and OXY f&$&cks an entire company. 167 died on Piper Alpha because of OXY and it’s useless id–ts.
More APC risk that was stepped over so a few people could have the rush of 'winning.'
Flowlines improperly abandoned by previous company, previous company lied to the state they were, wells acquired by APC. Flowline cut by builder developing houses near wells.
This is equal to 1 CEO job, or approximately 200 normal people jobs.
Old news. This was under the Anadarko's watch, and Oxy just had to pick up their liabilities. Anadarko took a lot of heat from Colorado over this tragedy.