“I think what [oil producers] are seeing right now, especially with the flooding going on by OPEC+, means you’re not going to see much more activity than what we’re doing right now. The production side seems to be staying busy, but if you’re in the drilling side, there’s been a lot of layoffs going on there,” described Kirk Edwards, President of Latigo Petroleum.
https://www.okenergytoday.com/2025/11/oil-exec-fears-of-layoffs-caused-by-opec-production/