Jobs

The Texas upstream industry has seen reduced natural gas and oil prices and lower permitting through the first half of the year, and in June, employment growth began to slow as well.  Exploration and production (E&P) activity “is clearly in a state of contraction as measured by the Texas Petro Index (TPI),” said Texas Alliance…

The Texas upstream industry added a record 6,800 jobs in May, but the oil and gas industry overall may be at risk as activity slows and the rig count falls because of low prices, according to a top state energy economist. The monthly Texas Petro Index (TPI) compiled by economist Karr Ingham for the Texas…

The U.S. natural gas and oil industry supported 10.8 million jobs and contributed nearly $1.8 trillion to the domestic economy in 2021, according to the American Petroleum Institute (API).  API commissioned the report, which was completed by PricewaterhouseCoopers (PwC).  API CEO Mike Sommers said natural gas and oil delivered “growing economic contributions to America,” which…

The U.S. oilfield services (OFS) and equipment sector gained an estimated 2,698 jobs in March, its highest point since last September, the Houston-based Energy Workforce & Technology Council reported. “It’s encouraging to see job growth increases in the sector and that we are continuing to make gains from our pandemic lows and 2021 fourth quarter…

For most of the U.S. oil and gas industry, 2021 brought recovery in both production and demand, but key sectors still experienced shrinking employment, according to the yearly report from the Texas Independent Producers and Royalty Owners Association (TIPRO). In its 2022 State of Energy, Texas’ advocate for oil and gas independents reported the U.S.…

Texas’ upstream oil and gas employment reached 185,800 in November, representing increases of 2,400 jobs month/month and 24,800 positions year/year, the Texas Independent Producers and Royalty Owners Association (TIPRO) reported last week. “The Texas oil and natural gas industry employment trends outlined in our latest analysis illustrate the industry’s continued recovery and positive economic impact…

Texas’ upstream employment figure grew by 2,900 jobs last month to reach 181,100 in September, the Texas Independent Producers and Royalty Owners Association (TIPRO) reported Friday. The September tally marks the Lone Star State’s fifth consecutive month of upstream job growth since April, TIPRO said. The September 2021 figure marks a year/year gain of 23,600,…

The Texas oil and natural gas industry through July had seen a continued uptick in job growth, particularly in the Houston area, but the deadly Delta variant of Covid-19 poses near-term threats. An employment analysis of the upstream sector by the Texas Independent Producers and Royalty Owners Association (TIPRO) showed a net increase of 1,500…

The upstream oil and natural gas economy in Texas is finally signaling a new cycle of expansion in activity following the double-barrel contraction in 2019 and 2020, according to economic indicators. The Texas Petro Index (TPI), created and overseen by petroleum economist Karr Ingham of the Texas Alliance of Energy Producers, through June had increased…