Newfield Exploration

www.newfield.com

Newfield Exploration Jobs & Careers

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30+ days ago

IRC18827 - Marketing Representative

Newfield Exploration Tulsa, OK

• Natural Gas • Monitor gas sales and contract status • Coordinate connection of new wells • Assist in the negotiation of new… Newfield Exploration


30+ days ago

IRC20007 - Planning Manager

Newfield Exploration Tulsa, OK

Work will entail integration with engineering, technician and financial staff to develop and maintain team capital and expense budgets, forecasts… Newfield Exploration


30+ days ago

IRC20287 - Staff Reservoir Engineer

Newfield Exploration Denver, CO

• Coordinate the reservoir and economic evaluation of existing assets. • Apply new generation surveillance techniques and tools to evaluate… Newfield Exploration


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Newfield Exploration Reviews

26 Reviews
3.3
26 Reviews
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Newfield Exploration Chairman, President, and CEO Lee K. Boothby
Lee K. Boothby
18 Ratings
  •  

    Company does not know what it is doing and has no clear plans for the future

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Technical Staff in Houston, TX
    Former Employee - Technical Staff in Houston, TX

    I worked at Newfield Exploration full-time

    Pros

    Flexible work hours. Good vacation time. Personal offices.

    Cons

    Extremely high turnover rate. I have seen hapless junior employees left floundering then fired. Many of the positive reviews here are from people in commercial functions (HR, IT, Accounting etc) who have no clue how the oil & gas industry actually works.
    The company is transitioning to entirely unconventional assets; asset portfolio is not diversified. The company is hedging all bets on unconventional plays but has not come up with any new areas to work, yet is not willing to make full use of assets the company already owns. They came in too late in the game for the Marcellus shale, etc.
    Company seems to be downsizing and losing experienced staff - they recently sent out company-wide retrenchment packages. Low stock price makes company liable to be bought out. Management afraid to take risks but exploration is by nature a risky business. There is no real company culture with the high turnover rates, and whether or not someone is a 'fit' for the company is just an excuse for management to fire employees they dislike.

    Advice to ManagementAdvice

    Listen to your scientists and engineers, not your stockholders and bean counters.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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