RELEASE: A Bright New Year Ahead: Upstream Oil and Natural Gas Jobs Up Again, 14 Months Running

AUSTIN – For the 14th consecutive month, Texas oil and natural gas companies added upstream jobs* in November 2017, according to data from the Texas Workforce Commission (TWC).

“In less than a year, Texas recovered nearly a third of the jobs lost from peak upstream employment in December 2014, with another 1,600 jobs added in November,” said Todd Staples, president of the Texas Oil and Gas Association.

“Texas should continue as the world’s energy leader in the New Year,” Staples said. “Upstream job growth continues to be solid and manufacturing – made economically feasible because of low cost natural gas – should continue to drive capital investment and job expansion along the Gulf Coast region.”

Staples continued, “The level of investment we’re seeing in Texas’ oil and natural gas reserves, infrastructure, coastal ports and manufacturing is good news for the new year because all Texans benefit from a healthy oil and natural gas market.”

According to the most recently available data from TWC, Texas has gained 33,400 upstream oil and natural gas jobs since the low point of employment September 2016.

*The upstream sector includes oil and natural gas extraction and supporting activities and does not include other sectors in the oil and natural gas industry such as refining, petrochemicals, fuels wholesaling, oilfield equipment manufacturing, pipelines and gas utilities.

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