SandRidge Energy said it will be making job losses from its Lariat Services Group in Oklahoma.
The company said 226 people will be affected by the decision, which accounts for about 87% of the the Lariat Services workforce in the region.
A spokesman said the decision had been “difficult” but were done as a result of the environment currently facing the industry.
Lariat completes work in drilling, completion rigs and other oilfield related services.