The Texas Independent Producers and Royalty Owners Association (TIPRO) highlighted updated employment figures for the Texas upstream sector.
According to the latest Current Employment Statistics (CES) report from the US Bureau of Labor Statistics (BLS), Texas upstream employment for September 2021 totaled 181,100, an increase of 2,900 jobs from revised August numbers, and the fifth consecutive month of job growth since April.
Texas upstream employment in September 2021 represented an increase of 23,600 positions compared to September 2020, which reflects a rise of 22,000 jobs in the services sector and increase of 1,600 jobs in oil and natural gas extraction.
TIPRO also reports strong job posting data for upstream, midstream and downstream sectors for the month of September in line with rising employment, reflecting a continued demand for talent in the Texas oil and natural gas industry.
According to TIPRO’s workforce analysis released today, there were 58,407 total job postings for the Texas oil and natural gas industry in September of 2021, of which 8,703 were unique.
These numbers show a Posting Intensity of 7-to-1, meaning that for every seven postings, there is one unique job posting.
This is close to the Posting Intensity for all other occupations and companies in the region (6-to-1), indicating companies are putting average effort toward hiring for these positions.
Among the 14 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Petroleum Refineries ranked the highest in September with 1,654 unique job postings, followed by Crude Petroleum Extraction (1,604) and Oil and Gas Field Machinery and Equipment Manufacturing (1,359).
The leading three cities by total unique oil and natural gas job postings were Houston (3,070), Midland (477) and Odessa (473). The top three companies ranked by unique job postings in September were Halliburton Company (669), Baker Hughes Company (601) and National Oilwell Varco, Inc. (590).
“Demand for US crude has reached record highs driven by a strong recovery in global demand and continued tightness in supply,” said Ed Longanecker, president of TIPRO.
TIPRO explains that improving economic conditions and escalating energy prices come at a time when Congress is considering a myriad of restrictive domestic oil and natural gas policies that would exacerbate the rising costs of goods and services, including gasoline and utility bills.
For more information visit www.tipro.org
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