October 4, 2018
AUSTIN – Texas oil and natural gas companies added 3,100 upstream jobs* in August, marking the 21st consecutive month of job growth, according to data from the Texas Workforce Commission (TWC). Texas has recovered 46% of jobs lost between the high point in employment in December 2014 and the low point in September 2016. Since the low point, employment in the Texas upstream sector has grown by 53,200 jobs, which pay among the highest wages in Texas.
“The steady drumbeat of growth and investment in the Lone Star State is creating more jobs for more Texans,” said Todd Staples, president of the Texas Oil & Gas Association. “These are among the highest paying jobs in the state and the work these men and women do every day generates state and local tax revenue that fund our schools, build our roads and support our first responders. When the oil and natural gas industry does well, all Texans benefit.”
*Upstream activity includes oil and natural gas extraction and support activities for mining and excludes other industry sectors such as refining, petrochemicals, fuels wholesaling, oilfield equipment manufacturing, pipelines, and gas utilities.