Northeast

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

Lower 48 to Lead Oilfield Equipment Spending in 2020s, Says Westwood

Led by onshore spending in the United States, oilfield equipment (OFE) expenditures should continue to increase in the 2020s, reaching a forecast peak of $133 billion in 2023, according to Westwood Global Energy Group.

February 3, 2020