Another Day. Another Round Of Misery.

Linn Energy – 50+ jobs.

Newfield Exploration Co. – 150 jobs.

Pioneer Natural Resources – 70 jobs.

In the last three weeks or so, Denver has seen these three oil and gas companies announce the closing of their Denver offices.

While many of the impacted employees will be offered a position in another location and/or a severance package, the toll on those impacted, as well as the oil and gas community in general, cannot be overstated.

Pioneer's announcement yesterday included a well-intended, and no doubt heartfelt, acknowledgement from management:  "Decisions to right-size our workforce are never easy, as we know they impact good people and the communities in which they live. These employees have worked hard for Pioneer, and we place a great deal of value on their efforts. These decisions are an unfortunate reality of the price environment that we face today."