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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
Energy Sector Job Losses Said Unlikely to Return Until Late 2021

Energy Sector Job Losses Said Unlikely to Return Until Late 2021

The downturn in the U.S. energy sector caused by the Covid-19 pandemic is “truly like no other” as 70% of the jobs lost this year may not come back until the end of 2021, the Deloitte consultancy said Monday. However, the economic devastation presents opportunities for the oil and gas industry to accelerate its transformation…

October 5, 2020
Massive Job Losses in U.S. OFS Sector Traced to Activity Pullback from Covid-19

Massive Job Losses in U.S. OFS Sector Traced to Activity Pullback from Covid-19

The U.S. oilfield services (OFS) industry through August had lost more than 100,000 jobs since the coronavirus pandemic began eating away at oil and gas demand, according to the Petroleum Equipment & Services Association (PESA).  And the future remains a bit wobbly, according to PESA, which represents OFS operators involved in oilfield equipment manufacturing, drilling,…

September 10, 2020
Construction Work in Oil, Natural Gas Surpass Renewable Jobs, Says Building Trades Union

Construction Work in Oil, Natural Gas Surpass Renewable Jobs, Says Building Trades Union

Construction workers in the energy sector view oil and natural gas jobs as more plentiful and longer lasting, as well as providing better pay, health and pension benefits, than similar jobs in the renewables segment, according to two surveys commissioned by North America’s Building Trades Unions (NABTU). Through the surveys, one quantitative and one qualitative,…

July 17, 2020
U.S. Onshore Gas, Oil Production to ‘Calm…Not Cease,’ Says TIPRO

U.S. Onshore Gas, Oil Production to ‘Calm…Not Cease,’ Says TIPRO

The domestic natural gas and oil industry has slowed its roll in the past few months as commodity prices remain volatile, but overall, employment grew stronger in 2019, climbing to 895,629 employed, or up 8,554 year/year, according to an annual overview by one of the largest oil and gas trade groups in the nation.

February 4, 2020
U.S. Onshore Gas, Oil Production to ‘Calm…Not Cease,’ Says TIPRO

U.S. Onshore Gas, Oil Production to ‘Calm…Not Cease,’ Says TIPRO

The domestic natural gas and oil industry has slowed its roll in the past few months as commodity prices remain volatile, but overall, employment grew stronger in 2019, climbing to 895,629 employed, or up 8,554 year/year, according to an annual overview by one of the largest oil and gas trade groups in the nation.

February 4, 2020
U.S. Onshore Gas, Oil Production to ‘Calm…Not Cease,’ Says TIPRO

U.S. Onshore Gas, Oil Production to ‘Calm…Not Cease,’ Says TIPRO

The domestic natural gas and oil industry has slowed its roll in the past few months as commodity prices remain volatile, but overall, employment grew stronger in 2019, climbing to 895,629 employed, or up 8,554 year/year, according to an annual overview by one of the largest oil and gas trade groups in the nation.

February 4, 2020