Colorado’s overall employment should return to pre-pandemic levels for 2022, but the state’s natural gas and oil sector will likely lag behind other industries in regaining jobs, according to a new report from the University of Colorado Boulder (CU Boulder). “Improved prices are clearly what’s driving more drilling and increased production,” Richard Wobbekind, associate dean…
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Texas Oil, Natural Gas Employment Rebounding as Energy Prices, Demand Recover
Employment in the Texas oil and natural gas industry is on the upswing amid improving commodity prices and rebounding global energy demand, according to new analysis by the Texas Independent Producers and Royalty Owners Association, aka TIPRO. Unique job postings in the Texas oil and gas sector totaled 7,090 in January, up from 6,764 in…
OFS Job Market Outlook Appears Grim, Particularly for North American Onshore Opportunities
Turmoil wrought by the global pandemic has upended activity across the energy sector and led to massive layoffs, with staffing forecast to plummet by year’s end to its lowest level in more than a decade. An analysis of the top 50 oilfield services (OFS) operators by Rystad Energy found staffing would decline and anticipated revenue…
Covid-19 Still Battering Canada’s OFS, Supply Sectors With Job Losses
Employment continued to shrink during June in Canadian oil and natural gas fields, with service and supply contractors suffering the deepest losses, according to the industry’s workforce monitoring agency. Cuts of 5,600 field personnel accounted for 84% of 6,700 layoffs recorded last month by Calgary-based Petroleum Labor Market Information (PetroLMI) from Statistics Canada surveys. The…
Texas Tops in Natural Gas, Oil Output and Jobs, Says TIPRO
The Lone Star State led the nation last year in oil and gas industry employment with an estimated 352,371 jobs, a gain of 26,700-plus from 2017, according to the annual report by the Texas Independent Producers & Royalty Owners Association (TIPRO).
Texas Upstream Jobs Slump in November, Ending Months of Gains
Upstream oil and natural gas employment in Texas, home to the Eagle Ford Shale, a chunk of the Haynesville Shale and most of the Permian Basin, is showing signs of wear, with jobs down by 500 in November from October, ending a 23-month consecutive gain.
Texas Oil, Natural Gas E&Ps Pick Up Pace in January
Texas oil and natural gas producers during January for the 14th straight month pushed the state’s upstream economic indicators higher, propelled by higher commodity prices, the Texas Alliance of Energy Producers said Thursday.
Texas Energy Job Growth Steady, But Harvey’s Impact Still Uncertain
Before Hurricane Harvey pummeled the state and wiped out, at least temporarily, some employment, the Texas economy in August expanded for the 14th consecutive month, adding 5,500 jobs, the Texas Workforce Commission (TWC) said Friday.
API, ICF Tout Nationwide NatGas Benefits to Revenue, Jobs
The natural gas value chain accounted for nearly 3% of all U.S. gross domestic product (GDP) and non-farm payroll employment in 2015, with the industry’s benefits reaching all 50 states, even those without production, according to a new ICF report backed by the American Petroleum Institute (API).
Direct Employment in Natural Gas Development Declines by One-Third in Pennsylvania
Jobs in Pennsylvania directly tied to natural gas development declined by about one-third in the second quarter, according to data from the state Department of Labor and Industry (DLI).