, Feb 4 (Reuters) – Halliburton,
Statoil ASA, Hess Corp and other North Dakota
energy companies have decided, for now, not to lay off staff in
the No. 2 U.S. oil producing state, hoping to be prepared for
any prolonged rebound in crude prices.
Many oil producers and their contractors are trying to
strike a balance between cutting costs and maintaining workforce
reserves after a more-than 50 percent drop in oil prices
since last June.