American Oil and Gas Reporter - June 2023 - 59

TIPRO Notes Additional Growth
For Oil And Gas Industry Jobs
AUSTIN, TX.-Citing the latest Current
Employment Statistics report from
the U.S. Bureau of Labor Statistics, the
Texas Independent Producers & Royalty
Owners Association is highlighting new
employment figures showing a gain in
Texas upstream employment this spring.
According to TIPRO's analysis, direct
Texas upstream employment for April
totaled 199,400, an increase of 700 jobs
from March employment numbers. Texas
upstream employment in April 2023 represented
the addition of 17,600 positions
compared with April 2022, including an
increase of 1,700 jobs in oil and natural
gas extraction and 15,900 jobs in the
services sector.
The April employment data yet again
indicated strong job postings for the Texas
oil and natural gas industry, TIPRO says.
According to the association, there were
15,127 active unique jobs postings for
the Texas oil and natural gas industry in
April, including 5,011 new job postings
added in the month by companies. In
comparison, California had 5,139 unique
job postings in the same month, followed
by Louisiana (2,628), Oklahoma (2,184)
and Pennsylvania (1,722). There were
64,286 total unique job postings nationwide
last month within the oil and natural
gas sector, the association reports.
Among the updated 17 specific industry
sectors TIPRO uses to define the Texas
oil and natural gas industry, support activities
for oil and gas operations led in
the rankings for unique job listings in
April, with 3,989 postings, followed by
gasoline stations with convenience stores
(1,927) and crude petroleum extraction
(1,682). The leading three cities by total
unique oil and natural gas job postings
were Houston (5,228), Midland (1,391)
and Odessa (686), TIPRO indicates.
The leading three companies ranked
by unique job postings in March were
John Wood Group (844), Love's (613)
and Halliburton (540), TIPRO continues.
Of the top 10 companies listed by unique
job postings last month, five companies
were in the services sector, the association
says, followed by two midstream
companies, two in gasoline stations with
convenience stores, and one in oil and
natural gas extraction. Top posted industry
occupations for April included
maintenance and repair workers (467),
heavy tractor-trailer truck drivers (437)
and managers (400). The top posted job
titles for April included lease operators
(103), field service technicians (94) and
process engineers (78), TIPRO details.
Top qualifications for unique job postings
included valid driver's license (2,590),
commercial driver's license (345) and
CDL Class A license (289), the association
observes. TIPRO adds that 41% of unique
job postings required a bachelor's degree,
30% required a high school diploma or
equivalent and 30% listed no education
requirement. There were 1,719 advertised
salary observations, it adds, (11% of the
15,127 matching postings) with a median
salary of $49,800.
Climbing Revenues, Output
TIPRO also is pointing to recent data
released from the Texas comptroller's office
showing strong levels of tax contributions
paid by the Texas oil and natural gas
industry. In April, the figures show, Texas
energy producers paid $453 million in oil
production taxes, up from levels reported
for March. Producers also contributed $203
million in natural gas production taxes.
Additionally, TIPRO reports, oil and
gas output is poised to grow further this
summer. The association points to data
from the U.S. Energy Information Administration
projecting that U.S. oil production
in June will grow by 41,000 barrels a day
to top 9.33 million barrels a day.
Those predictions also foresee Permian
Basin output rising by 15,000 bbl/d to hit
5.71 MMbbl/d. During the same period,
South Texas Eagle Ford Shale oil production
projects to climb 2,000 bbl/d to
total 1.108 MMbbl/d. According to the
latest EIA estimates, TIPRO says, domestic
natural gas production also will climb in
June and reach 97.239 billion cubic feet a
day. This in part will be driven by production
gains from the Permian, where
natural gas production is expected to grow
to 22.552 Bcf/d and in the Eagle Ford,
where natural gas production will total
7.248 Bcf/d.
" We are pleased to report continued
growth in employment and production
levels for the Texas oil and natural gas
industry, " affirms TIPRO President Ed
Longanecker. " This equates to enhanced
energy security for our country and unmatched
economic contributions to our
state. Federal policymakers must remove,
not add, regulatory barriers to unleash
the true potential and positive impact of
domestic oil and natural gas production.
This includes long overdue federal permitting
reform. "
❒
JUNE 2023 59
Energy
In Action
Check out
AOGR.com for:
Current Website
Exclusives
Crude and natural
gas cash and futures
prices, updated
every 11 minutes.
And get rig and
frac crew
counts, too!
www.aogr.com
http://www.AOGR.com http://www.aogr.com
American Oil and Gas Reporter - June 2023

Table of Contents for the Digital Edition of American Oil and Gas Reporter - June 2023
