Ranger Minerals
  • Our Company Who We Are
  • Opportunities Buy or Sell
    • Minerals/Royalties
      • Overview
      • Oil and Gas Royalties: The Complete Guide
      • What Are Mineral Rights: Everything You Need to Know
      • Selling Mineral Rights: A Complete Guide
    • 1031 Exchange
      • Rules & Requirements
      • How To Guides for Different Asset Types
  • Resources Learn More
    • Learn More
      • Frequently Asked Questions
      • Oil & Gas Glossary
      • Industry News
      • Contact Us
    • Guides
      • View All Guides
      • 1031 Exchange
      • Mineral Rights & Royalties
      • How to Find Oil on Your Land: A Practical Guide to Modern Exploration
      • The Ultimate Guide for Oil and Gas Leases
    • News
      • Industry News
      • Company News
      • View All Recent News
  • Contact
  • Free Consultation
  • Click to open the search input field Click to open the search input field Search
  • Menu Menu

Texas upstream employment swells amid soaring natural gas, oil production

Last updated: October 15, 2024 | Reading Time: 1 minutes
Upstream oil and gas employment in Texas rose by 1,000 jobs month/month in August, marking a third straight month of sequential gains

Upstream oil and gas employment in Texas rose by 1,000 jobs month/month in August. It marks the third straight month of sequential gains. The Texas Oil & Gas Association (TXOGA) said and cited data from the Texas Workforce Commission.

“Month after month, Texas continues to demonstrate its strength as a production powerhouse. It is rising to meet the growing energy needs of our state, nation, and allies around the world”. This is what TXOGA President Todd Staples. says

“Upstream job growth reflects the sustained demand for these indispensable resources. It underscores the industry’s unwavering commitment to energy leadership. Morover, it is keeping Texas at the forefront of the global energy landscape.”

The group highlighted that since the pandemic-induced low point of September 2020, the industry has added 37,400 upstream jobs in the state, averaging growth of 791 jobs/month.

“Since the Covid low point, months with upstream oil and gas employment increases have outnumbered those with [decreases] by 36 to 11,” TXOGA researchers said. “These jobs pay among the highest wages in Texas, with employers in oil and natural gas paying an average salary of approximately $124,000 in 2023.”

The Texas Independent Producers and Royalty Owners Association (TIPRO) touted the job growth as well, noting that it was driven by the oilfield services segment.

Click here to read the full article
Source: NGI

—

Do you have any questions or thoughts about the topic related to Texas upstream? feel free to contact us here or leave a comment below.

You might also like
Crude oil price settles around 80.00$ barrier and keeps its stability above it to support the chances of continuing the expected bullish trend on the intraday and short-term basis. Crude oil price awaits more rise amid bullish trend
BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion. BP cuts investment in clean energy and boosts oil and gas in major strategy shift
Barclays analysts, in restarting coverage of E&Ps, presented anti-hydrocarbon investors with “a reality check on energy transition.” World needs oil and gas – ’‘Unapologetic,’ Barclays restarts E&P coverage
The IoT in oil & gas market valuation is predicted to surpass USD 5B by 2034, reported in a research analysis by Global Market Insights Inc. Internet of things in oil & gas market to reach $5Bn by 2034
Dive into ORRI vs. mineral rights: ownership, benefits & risks. Learn which investment suits your portfolio and goals. Explore now! ORRI vs. Mineral Rights: Key Differences and Benefits
Explore how ESG goals impact oil and gas investments, influencing sustainability, risk, and long-term profitability. ESG (Environmental, Social, Governance) goals Impact on oil and gas investments
Discover the nuances of oil and gas exploration land leasing—federal vs. private. Explore regulatory frameworks, benefits, challenges, and environmental considerations for informed decision-making. Leasing federal vs. private land for oil and gas exploration
As per the report from the US EIA, the US claimed the title of the largest global crude oil producer in 2022. Oil and gas pumps market size is projected to grow $10.9B, globally at a 4.7% CAGR by 2028

Get project updates and learn more

Sign up for our free email newsletter:

 We respect your email privacy

About Ranger

contact usRanger Land and Minerals is a Dallas, Texas-based acquisitions and mineral rights company with team members having close to 100 years of combined oil and gas royalties industry experience.

Contact Us

Our Partners
We work with the top drilling operators, including:
     

Learn More

Our Associations
We are proud members of the following associations:
         

Learn More

  • Paid-Up Oil and Gas Lease – What Are They & Why are They Used
  • How to Get Oil Companies to Drill On Your Land
  • What is the Average Price Per Acre for Mineral Rights?
  • How Much Money Can You Make From an Oil Well?
  • How to Find Oil on Your Land

View All Guides

  • Targa Resources to Acquire Stakeholder Midstream for $1.25B
  • Matterhorn expansion likely online, boosting Permian gas flows
  • Permian Basin oil boom propels 2024 rise in US associated natural gas
  • Oil prices rise as OPEC+ holds firm on output through Q1 2026
  • Permian gas wave sparks biggest pipeline buildout since the shale boom

View All News

Are you interested in buying or selling mineral rights?

Contact us and a representative will be in touch shortly

Contact Us

100 Crescent Court, Suite 700
Dallas, Texas 75201

(469) 310-4970

  • Facebook
  • Twitter
  • Instagram
  • LinkedIn

Contact Us

Our team specializes in the acquisition of mineral rights, royalties, overriding royalty and non-operated working interests. Contact us to learn more about how we can assist you.

Contact Us

Our Company & Services

  • About Us
  • Minerals/Royalties
  • 1031 Exchange
  • Contact Us

Resources

  • Guides
  • FAQ
  • Glossary
  • News
© Copyright Ranger Land and Minerals | Privacy Policy | Disclaimer
Link to: The US Is the world’s top gasoline exporter Link to: The US Is the world’s top gasoline exporter The US Is the world’s top gasoline exporterThe United States is exporting gasoline more than any other nation in the world, supplying more than 16% of all exports of the fuel globally Link to: Oil and Gas Royalties in Indigenous Territories: Ethical and Legal Issues Link to: Oil and Gas Royalties in Indigenous Territories: Ethical and Legal Issues Oil and gas royalties in indigenous territories: Ethical & legal issuesOil and Gas Royalties in Indigenous Territories: Ethical and Legal Issues
Scroll to top