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Dominated by Texas, U.S. Oil, Gas Jobs Plummet in 2020, with Output Seen Trending Down in ’21

Dominated by Texas, U.S. Oil, Gas Jobs Plummet in 2020, with Output Seen Trending Down in ’21

The U.S. oil and gas industry shed more than 160,000 direct jobs in 2020, with nearly half of those losses coming in Texas amid the fallout of the coronavirus pandemic, an annual assessment of the sector shows. In its State of Energy Report, the Texas Independent Producers & Royalty Owners Association (TIPRO) said the oil…

February 5, 2021
Texas Governor Ready to Fight Biden’s ‘Extreme Hostility’ Against Oil, Gas Industry

Texas Governor Ready to Fight Biden’s ‘Extreme Hostility’ Against Oil, Gas Industry

Texas Gov. Greg Abbott has directed state agencies to use the tools in their toolbox to challenge the Biden administration’s actions that threaten the oil and natural gas industry. Abbott last week issued state Executive Order GA-33 that he said is designed to protect the nation’s largest energy state from what he said is federal…

February 1, 2021
Global Oil, Gas Workforce Facing ‘Crisis of Confidence’ in Wake of Covid-19, but Still Sees Opportunities

Global Oil, Gas Workforce Facing ‘Crisis of Confidence’ in Wake of Covid-19, but Still Sees Opportunities

Nearly 80% of oil and natural gas professionals feel less secure in their jobs than they did pre-pandemic, but nearly two-thirds expect advances in engineering may open up opportunities in the next three years. The findings are in the fifth annual Global Energy Talent Index (GETI), the world’s largest energy recruitment and employment trends report,…

January 15, 2021
Texas Natural Gas and Oil Production Off Sharply in October, but Permian Still Leading Activity

Texas Natural Gas and Oil Production Off Sharply in October, but Permian Still Leading Activity

Texas crude oil and natural gas production posted double-digit percentage losses year/year in October as the state continued to grapple with weakened demand and a soft price environment, according to the Railroad Commission of Texas (RRC). The average daily production of natural gas in Texas declined by more than 16% year/year in October, while crude…

December 31, 2020
Workforce in Texas Upstream Energy Sector Contracts in November After Two Months of Growth

Workforce in Texas Upstream Energy Sector Contracts in November After Two Months of Growth

The number of total jobs in Texas’ upstream sector dipped in November after showing positive gains in October and November, driven principally by layoffs in the services sector.  The Texas Independent Producers & Royalty Owners Association (TIPRO) reported new government data showing that the sector experienced a decline of 2,300 jobs in November compared to…

December 24, 2020
Texas Upstream Energy Job Losses Steeper than Estimated as Pandemic Jolts Industry

Texas Upstream Energy Job Losses Steeper than Estimated as Pandemic Jolts Industry

Routed by Covid-19, the Texas upstream oil and gas sector has lost more jobs this year than originally reported, according to a top industry group. Using internal data and information provided by the Federal Reserve Bank of Dallas, aka Dallas Fed, workforce reductions in the state over the past year are steeper than first estimates,…

December 10, 2020
November Showed More Job Gains for U.S. OFS Sector, but Uncertainty Still Prevails

November Showed More Job Gains for U.S. OFS Sector, but Uncertainty Still Prevails

Oilfield equipment and services jobs in the United States climbed slightly in November for the third month in a row, but it’s still a tough slog with pandemic-related job losses down by nearly 92,000, according to a new analysis. The Petroleum Equipment & Services Association (PESA) said the domestic oilfield services (OFS) and equipment sectors…

December 10, 2020
Texas Oil, Gas Industry Facing ‘Great Crew Change’ as Boomers Retire, Fewer Enter Workforce

Texas Oil, Gas Industry Facing ‘Great Crew Change’ as Boomers Retire, Fewer Enter Workforce

The Texas oil and gas industry has faced a unique set of challenges this year, but it continues to provide strong economic support and will for decades to come, according to one of the state’s top energy groups. The Texas Independent Producers & Royalty Owners Association (TIPRO) issued its latest report Thursday on employment trends,…

December 4, 2020
U.S. OFS Sector Records Two Consecutive Months of Job Gains, but Future Still Uncertain

U.S. OFS Sector Records Two Consecutive Months of Job Gains, but Future Still Uncertain

Employment in the U.S. oilfield services (OFS) and equipment sector rose in October for the second consecutive month, after sustaining massive losses of more than 90,000 jobs earlier this year because of Covid-19, the Petroleum Equipment & Services Association (PESA) said Monday. Despite the recent uptick in jobs, the Houston-based trade association cautioned that the…

November 9, 2020
Texas Sees Uptick in Upstream Jobs in September, but Job Market Looks Tenuous

Texas Sees Uptick in Upstream Jobs in September, but Job Market Looks Tenuous

The Texas oil and natural gas industry’s upstream sector added 700 jobs in September, the first uptick since February, according to data from the Texas Workforce Commission.  Total upstream employment in the state was estimated at the end of September at 170,500 jobs, according to the Texas Oil & Gas Association (TXOGA).  The upstream sector…

November 2, 2020
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