September 15, 2017
Solid Recovery Continues: Texas Has Recovered 23% of Upstream Jobs Lost in Less than a Year
AUSTIN – Texas oil and natural gas companies gained another 3,600 upstream jobs* in July, marking the 10th consecutive month of job growth, according to data from the Texas Workforce Commission (TWC).
“Steady job growth indicates a solid recovery continues in the Texas oil and natural gas industry,” said Todd Staples, president of the Texas Oil and Gas Association. “Of the 108,000 jobs lost from peak upstream employment in December 2014 to its low point in September of 2016, we have now recovered 23% of the jobs in less than a year.”
Texas has gained 24,500 upstream oil and natural gas jobs since September 2016, according to TWC.
“The return of these high-paying jobs is a visible reminder that Texas’s commitment to sound, science-based regulations is encouraging investment here,” said Staples.
*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.