Employment and wages in Texas’ natural gas and oil industry continued to surge upward in the first quarter, according to new analysis by the Texas Oil and Gas Association (TXOGA). Direct employment in the industry rose 8.1% year/year to 482,557 jobs, according to the TXOGA report based on U.S. Census Bureau and Texas Workforce Commission…
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E&Ps Slash Natural Gas Price Forecast as Activity Slows, Dallas Fed Survey Shows
Executives in the heart of the Lower 48 oil and gas patch have revised down their forecasts for domestic natural gas prices this year, according to the latest survey of industry activity and sentiment by the Federal Reserve Bank of Dallas. The Dallas Fed, as it is better known, conducts a quarterly survey of about…
Texas Natural Gas, Oil Employment Continues Rally as ‘Strong Demand for Talent’ Still Seen
Upstream oil and natural gas employment in Texas rose by 13.7% year/year in January to a total of 198,100 jobs, according to the Texas Independent Producers and Royalty Owners Association (TIPRO). The figure was up by 1,700 jobs versus December 2022, the group said, citing data from the U.S. Bureau of Labor Statistics (BLS). The…
Automotive Industry Led Clean Energy Job Comeback in 2021
While 2021 saw fossil fuels jobs decline by more than 35,000, the clean energy and clean vehicle subsectors regained about 156,000 positions, according to a report from climate advocacy group Environmental Entrepreneurs (E2). In its Clean Jobs America 2022 report, E2 found that 50% of new energy jobs were in clean energy-related sectors, including solar,…
Texas Gains 5,200 Direct Natural Gas and Oil Jobs from March to April
Texas’ upstream natural gas and oil industry added 5,200 direct jobs from March to April, bringing the state’s latest direct upstream headcount to 190,400, the Texas Independent Producers and Royalty Owners Association (TIPRO) said Friday. “Texas operators are responding to the call to increase production, despite facing numerous challenges, including inflationary pressures, workforce shortages and…
Texas Natural Gas, Oil Industry Adds More Jobs amid Permian Permitting Surge
Upstream oil and gas employment in Texas gained 4,300 jobs in March, which brought the statewide headcount to 184,700, the Texas Independent Producers and Royalty Owners (TIPRO) reported earlier this month. The trade group noted the sharp jump in Permian Basin drilling permits issued in February. Exploration and production (E&P) companies also have begun to…
Texas Upstream Natural Gas, Oil Workforce Growth Continued in February
Texas’ upstream oil and gas employment rose to 181,900, representing increases of 5,100 jobs month/month and 20,700 positions year/year, the Texas Independent Producers and Royalty Owners Association (TIPRO) reported last week. “Rising global energy demand and strains on oil and natural gas supply exacerbated by geopolitical conflicts necessitate…increased domestic production,” said President Ed Longanecker. February’s…
Texas Upstream Oil, Natural Gas Sector Gained Jobs in January
Texas’ upstream oil and gas employment reached 176,300 in January, representing a month/month increase of 1,200 jobs and a 16,000-job gain year/year, the Texas Independent Producers and Royalty Owners Association (TIPRO) reported last week. “Our industry will experience continued growth in employment in oil and gas production this year to meet growing global demand for…
Texas Upstream Oil, Natural Gas Sector Gains 3,000 Jobs Amid Labor Market ‘Fireworks’
Texas’ upstream oil and gas employment grew to 188,700 in December, representing increases of 3,000 jobs month/month and 27,800 positions year/year, the Texas Independent Producers and Royalty Owners Association (TIPRO) reported last week. “Oil and natural gas employment continues to rebound, providing quality, high-paying jobs to Texans throughout the state, and we expect that trend…
U.S. OFS Employment Swings Back to Growth Mode
The U.S. oilfield services (OFS) and equipment sector added an estimated 7,450 jobs in December, according to the Houston-based Energy Workforce & Technology Council. “As oil demand has pushed higher, it’s heartening to see continued job growth in the sector,” said Council CEO, Leslie Buyer. “The sector has recovered more than half of the jobs…