Texas upstream employment increased by 2,300 jobs between September and October, according to the Texas Independent Producers and Royalty Owners Association (TIPRO), citing the most recent Current Employment Statistics (CES) report from the United States Bureau of Labor Statistics (BLS).
TIPRO noted that the increase marked the industry's sixth consecutive month of job growth since April. TIPRO reported that upstream employment in Texas totaled 183,400 in October, an increase of 22,800 positions from October 2020.
According to TIPRO's most recent workforce analysis, the Texas oil and natural gas industry had 64,819 total job postings in October, with 9,503 of them being unique. TIPRO reported an increase of 800 posted unique positions compared to September.
Support activities for oil and gas operations ranked first in October among the 14 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, with 2,265 unique job postings, followed by crude petroleum extraction (1,650) and petroleum refineries (1,217). TIPRO reported that the top three cities in terms of total unique oil and natural gas job postings were Houston (3,101), Odessa (707) and Midland (697) in October, and the top three companies in terms of unique job postings were Halliburton Company (727), National Oilwell Varco, Inc. (604) and Baker Hughes Company (593).
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“Following a tumultuous year for the energy markets in 2020 and the lingering effects of a global pandemic, the law of supply and demand has driven commodity prices higher this year with a growing consensus around a new, multi-year super cycle for oil and natural gas,” Ed Longanecker, the president of TIPRO, said in an organization statement.
“Increasing global demand for our product and higher commodity prices will continue to drive industry activity and rising employment numbers in Texas. The greatest risk to this positive momentum, and our nation’s energy security, is anti-oil and natural gas policies being pursued in Washington, D.C,” he added in the statement.
TIPRO stated in September that a national energy tax included in the U.S. reconciliation package could "cripple" small Texas oil and gas operators and "heavily burden" American taxpayers. TIPRO stated that the proposed policy will tax greenhouse gas emissions, primarily methane, from oil and natural gas production, but will exclude agriculture, waste management, and coal sectors.
According to TIPRO's most recent state of energy report, there were 359,410 total upstream sector jobs in the United States in 2020, a net decrease of 112,348 jobs from 2019. According to the report, Texas will have 180,725 upstream jobs in 2020.
TIPRO, which was founded in 1946, represents nearly 3,000 individuals and companies from the Texas oil and gas industry, the organization’s website highlights. TIPRO is said to be one of the largest oil and gas trade associations in the U.S. and the strongest advocacy group representing both independents and royalty owners in Texas.
