American Oil and Gas Reporter - November 2023 - 79

TIPRO: Data Shows Industry Jobs Up
AUSTIN-Citing the latest Current
Employment Statistics report from the U.S.
Bureau of Labor Statistics, the Texas Independent
Producers and Royalty Owners
Association is highlighting new employment
figures showing an increase in upstream
employment for the month of September.
According to TIPRO's analysis, direct
Texas upstream employment for September
totaled 210,700, an increase of 1,700
jobs from revised August employment
numbers. Texas upstream employment in
September represented the addition of
18,700 positions compared with September
2022, including an increase of 2,600 jobs
in oil and natural gas extraction and
16,100 jobs in the services sector.
TIPRO says its employment data yet
again indicates strong job postings for the
Texas oil and natural gas industry. According
to the association, there were
11,990 active unique jobs postings for the
Texas oil and natural gas industry in September,
including 4,564 new job postings
added during the month by companies. In
comparison, the state of California had
3,376 unique job postings in September,
followed by Louisiana (1,652), Oklahoma
(1,649) and Pennsylvania (1,218). TIPRO
reports a total of 52,767 unique job postings
nationwide in September within the oil
and gas sector.
Among the 17 specific industry sectors
TIPRO uses to define the Texas oil and
gas industry, Gasoline Stations with Convenience
Stores led in the ranking for
unique job listings in September with
2,898 postings, followed by Support Activities
for Oil and Gas Operations (2,343)
and Crude Petroleum Extraction (1,365).
The leading three cities by total unique
oil and natural gas job postings were
Houston (3,555), Midland (950) and
Odessa (501), TIPRO reports.
The top three companies ranked by
unique job postings in September were
Cefco (1,412), Love's (782), and John
Wood Group (433), according to TIPRO.
Of the top 10 companies listed by unique
job postings last month, six companies
were in the services sector, followed by
two in the gasoline stations category with
convenience stores, one midstream company,
and one in oil and natural gas extraction.
Top posted industry occupations
for September included first-line supervisors
of retail sales workers (858), maintenance
and repair workers (608) and
heavy tractor-trailer truck drivers (314).
The top posted job titles for September
included store managers (301), customer
service representatives (247) and maintenance
people (194).
Top qualifications for unique job postings
included valid driver's license (2,003),
commercial driver's license (237) and
transportation worker identification credential
card (209). According to TIPRO,
39% of unique job postings listed no education
requirement, 35% required a bachelor's
degree, and 26% required a high
school diploma or equivalent. There were
1,340 advertised salary observations (11%
of the 11,990 matching postings) with a
median salary of $52,100. The highest
percentage of advertised salaries (30%)
were in the range of $75,000-$324,000.
Additional TIPRO workforce trends
data shows that the top three posting
sources in September included www.indeed.com
(4,978), www.simplyhired.com
(1,929) and www.dejobs.org (1,575).
An Outsized Role
TIPRO also is highlighting data released
from the Texas comptroller's office showing
tax contributions provided by the Texas
oil and natural gas industry for the month
of September. According to TIPRO, Texas
energy producers in September paid $544
million in oil production taxes, up from
the prior month, and also contributed $208
million in natural gas production taxes,
also higher than totals collected in August.
According to TIPRO, oil and gas severance
taxes remain an important source
of revenue for state and local governments
and continue to be used help to support
and pay for road and infrastructure investments,
water conservation projects,
schools and education, first responders
and other essential public services across
the Lone Star State.
" Texas and the Permian continue to
break production records while meeting
rising energy demand for Americans and
our allies abroad, " observes TIPRO President
Ed Longanecker. " We are proud to
see that high production numbers from
our state are also contributing to a growth
in employment in the oil and natural gas
industry. With geopolitical conflicts escalating
overseas and related market
volatility, our industry continues to play
an outsized role in supplying energy amid
growing demand, underscoring the critical
importance of U.S. oil and gas production
at home and abroad. "
Longanecker goes on to point out how
Texas continues to lead U.S. energy production.
" Year-to-date through July 2023,
Texas oil production accounted for over
43% of all oil production in the United
States, " he observes. " Similarly, natural
gas production grew 5% nationwide, with
a majority of the growth coming from
the Permian Basin, where forecasts say
natural gas production will increase by
11% (2.2 billion cubic feet a day) by the
end of 2023, with more growth expected
in 2024. Meanwhile, liquified natural gas
exports from Texas and Louisiana to our
allies abroad have increased by 116%. "
No other industry across the globe is as
consequential from an economic, energy
and national security perspective, Longanecker
emphasizes. " Operators across the
United States and Texas need supportive
policies at all levels of government to continue
meeting energy demand and maintaining
strong employment numbers, not
policies that reward regimes like Venezuela,
providing them with revenues to stay in
power while putting pressure on responsible
American producers, " he reflects.
" Supportive policy decisions must include
the use of American oil and natural
gas, addressing an outdated permitting
process and avoiding policies that put
our country at risk of an increased dependence
on foreign energy sources, "
Longanecker concludes. " We need collaboration,
not politics, to develop a cohesive
and sensible strategy that recognizes
the critical importance of the U.S. oil
and gas industry and the necessary investment
in energy infrastructure. " ❒
PSP: Basin Adds $181.8 Billion,
786,000 Jobs To United States
MIDLAND-A new report reveals
how the Permian Basin's economic impact
continues to gain momentum, benefitting
Texas, New Mexico and the entire nation.
According to analysis by the Permian
Strategic Partnership (PSP), the Permian
Basin had a record year for tax revenue
collected from the oil and gas industry.
These funds support tax relief, road improvements,
public schools and teachers,
police and fire departments, community
hospitals, universities, and other essential
services. The Perryman Group projected
the Permian Basin to generate $325 billion
in gross product and provide more
than 1.2 million jobs for the nation's
economy by 2050.
" The Permian Basin continues to be
NOVEMBER 2023 79
http://www.indeed.com http://www.indeed.com http://www.simplyhired.com http://www.dejobs.org

American Oil and Gas Reporter - November 2023

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

Contents
American Oil and Gas Reporter - November 2023 - Cover1
American Oil and Gas Reporter - November 2023 - Cover2
American Oil and Gas Reporter - November 2023 - Cover2
American Oil and Gas Reporter - November 2023 - 3
American Oil and Gas Reporter - November 2023 - Contents
American Oil and Gas Reporter - November 2023 - 5
American Oil and Gas Reporter - November 2023 - 6
American Oil and Gas Reporter - November 2023 - 7
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American Oil and Gas Reporter - November 2023 - Cover3
American Oil and Gas Reporter - November 2023 - Cover4
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