The number of oil and gas jobs in Texas decreased by 500 jobs in September, reaching 196,400 jobs. This information was released by the Texas Independent Producers and Royalty Owners Association (TIPRO) based on the latest employment statistics from the U.S. Bureau of Labor Statistics. In this context, the oil and gas extraction sector lost 100 jobs, dropping to 62,600 jobs, while oilfield services also saw a reduction of 400 jobs, reaching 133,800 jobs. All statistics are subject to revision.
Job Growth Compared to the Beginning of the Year
Employment in the upstream sector is still up by 4,000 jobs or 2.1 percent compared to the beginning of the year, which had reached 192,400 jobs in January. The peak employment in this sector was recorded in May with 197,300 jobs, but it declined in June and July, returning to 196,900 jobs in August. The September job count is 900 jobs less than the May peak. The reduction of 1,500 jobs in July, which was revised from an initial 1,200 jobs, is considered the deepest monthly decline of the year.
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High Growth of New Job Opportunities
In September, TIPRO counted 12,719 unique job postings in Texas, including 5,418 new postings. Support activities for oil and gas operations topped the list with 2,883 postings. Among cities, Houston leads with 3,216 postings, followed by Midland with 938 and Odessa with 583 postings. Nationally, the industry had 73,739 unique postings during the month.
The state's tax revenue from oil and gas production has also increased, approaching $800 million. Forecasts suggest that U.S. crude oil production will reach a record 13.87 million barrels per day by 2026 and will increase to 14.30 million barrels per day by 2027. Natural gas production is also projected to reach 123.5 billion cubic feet per day in 2026 and 127.95 billion cubic feet per day in 2027. The Permian, Eagle Ford, and Haynesville fields are at the forefront of this growth.
TIPRO President Ed Longanecker stated: "The reduction of 500 jobs in September keeps upstream employment in Texas well above January levels, and job opportunities in this industry remain strong. Texas production, as a key driver in U.S. output, responds to global supply disruptions."
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