TIPRO TIPRO News Releases & Statement

U.S. Senator Ted Cruz Honored With TIPRO's Hats Off Award for Championing Texas' Oil & Gas Industry

Fri, 03 Apr 2026 18:09:43 GMT

During Annual Association Event, Senator Cruz Recognized for His Legislative Focus on Issues Important to Texas Energy Producers

April 3, 2026

Austin, Texas - During the Texas Independent Producers and Royalty Owners Association’s (TIPRO) 80^th Annual Convention in Houston this week, TIPRO proudly recognized the Honorable Ted Cruz, U.S. senator representing Texas, as the 2026 TIPRO Hats Off Award honoree. The award was presented to Senator Cruz for his efforts advancing policies maintaining the strength and vitality of the state's oil and natural gas industry.

"On behalf of TIPRO and its members, we are pleased to present our Hats Off Award this year to Senator Cruz for his leadership in Congress and his longstanding support of the oil and gas industry," remarked Ed Longanecker, president of TIPRO. "Since he was first elected to the U.S. Senate in 2012, Senator Cruz has authored key legislation that is helping to secure our energy future and ensure American energy independence. In his time in office, the senator has made oil and natural gas issues a priority. Notably, he has also worked to defend our industry from burdensome federal regulations and government overreach that undermines domestic energy production, job creation and our national energy security, particularly during the Biden Administration. Senator Cruz truly understands the importance of energy production to the Texas economy and how essential energy independence for the United States is."

In the current 119^th Congress, Senator Cruz has continued to be a leading voice for American energy dominance and on repeated occasions stood up for America's energy workers. He has spearheaded legislation like the Natural Gas Export Expansion Act and the Protect LNG Act, amongst other significant oil and gas policies, which will benefit Texas energy producers and solidify America's energy leadership.

"I was honored to receive the Hats Off Award from the Texas Independent Producers and Royalty Owners Association," commented Senator Cruz. "I’m proud to stand with the men and women that fuel Texas energy and empower American energy dominance.”

About the TIPRO Hats Off Award:

TIPRO's Hats Off Award is the association's highest accolade that honors leaders who make significant contributions in support of the oil and natural gas industry in Texas. Recipients of the TIPRO Hats Off Award are selected for demonstrating service that has promoted opportunities for independent producers and royalty owners to continue to prosper. Past honorees of this award include Texas Governor Greg Abbott, Railroad Commissioner Christi Craddick, State Senator Robert Nichols, State Representative Drew Darby and other notable state officials.

Texas Upstream Employment Declines in January

Fri, 03 Apr 2026 18:08:07 GMT

Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures for the Texas oil and natural gas industry. According to TIPRO, employment in the Texas upstream sector decreased between December 2025 and January 2026, with oil and natural gas extraction jobs declining by 600 to 64,300 and support activities employment remaining flat with 128,600 employed.

TIPRO’s workforce data continues to indicate strong job postings for the Texas oil and natural gas industry in January following a decline in Q4 2025. According to the association, there were 8,644 unique industry job postings in Texas during the month of January, a 10 percent increase from December, and 3,846 new job postings added during the month. In comparison, the state of California had 2,573 unique job postings in January, followed by Pennsylvania (2,551), Ohio (2,321), and Illinois (2,027). TIPRO reported a total of 57,197 unique job postings nationwide during the month of January within the oil and natural gas industry, including 23,072 new postings.

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations led in the ranking for unique job listings in January with 1,902 postings, followed by Gasoline Stations with Convenience Stores (1,708), Petroleum Refineries (699) and Pipeline Transportation of Natural Gas (633). The leading four cities by total unique oil and natural gas job postings were Houston (2,037), Midland (594), Dallas (347) and Odessa (346), said TIPRO.

The top four companies ranked by unique job postings in January were Love’s (846), Energy Transfer (391), ExxonMobil (284) and Baker Hughes (239), according to the association. Of the top ten companies listed by unique job postings in January, five companies were in the services sector, two in the gasoline stations with convenience stores category, two midstream companies and one fully integrated oil and natural gas company. Top posted industry occupations for January included retail salespersons (378), maintenance and repair workers general (302), and heavy and tractor-trailer truck drivers (285).

Top qualifications for unique job postings in January included valid driver’s license (1,645), commercial driver’s license (CDL) (225) and CDL Class A License (169). TIPRO reports that 37 percent of unique job postings had no education requirement listed, 34 percent required a bachelor’s degree and 29 percent required a high school diploma or GED. There were 2,094 advertised salary observations (24 percent of the 8,644 matching postings) with a median salary of $50,800. The highest percentage of advertised salaries (31 percent) were in the $75,000 to $500,000 range.

Additional TIPRO workforce trends data:

A list of unique job postings by state in January can be viewed here.
A sample of industry job postings in Texas for January can be viewed here.
The top three posting sources in January included www.indeed.com (3,084), www.simplyhired.com (2,325) and www.diversityjobs.com (1,040).

Tax contributions by the state's oil and natural gas industry topped $565 million in February, says TIPRO, citing data from the Texas comptroller's office. The state collected $384 million in oil production tax revenue in February, up marginally from January, and also took in an additional $181 million that same month in revenue from natural gas production taxes, a slight decline from January. Funding generated by state oil and natural gas production taxes is used to support public schools, universities, roads, infrastructure and other essential public services, notes TIPRO.

TIPRO also highlights findings from the association's recent '2026 State of Energy' Report demonstrating how the industry continues to offer significant economic support, despite facing a number of unique challenges and market volatility. Direct Gross Regional Product (GRP) for the Texas oil and natural gas industry last year was $385 billion, supporting 36 percent of the state economy, mentions TIPRO. The Texas oil and natural gas industry also purchased U.S. goods and services in the amount of $263 billion in 2025, 81 percent of which came from Texas businesses, TIPRO adds. See other noteworthy insights from TIPRO's report and analysis here.

The escalation of tensions with Iran into broader conflict in early 2026 has introduced significant global energy market vulnerabilities. Early January geopolitical risks contributed to modest price premiums, but subsequent military actions and disruptions, particularly the near-complete closure of the Strait of Hormuz, which handles roughly one-fifth of global oil and LNG flows, triggered the largest supply shock in modern history. As a result, Brent and WTI prices surged dramatically, exceeding 100 to 120 dollars per barrel by March 2026. For Texas operators, the higher price environment alleviates margin compression, improves cash flows, and could catalyze renewed investment in drilling, completions, and midstream infrastructure. This in turn supports workforce stability and potential job growth in upstream and related sectors, reinforcing Texas's role as a reliable domestic supplier capable of quickly responding to global signals. However, the volatility also highlights risks of prolonged uncertainty, reinforcing the need for disciplined capital allocation.

The following statement can be attributed to Ed Longanecker, president of TIPRO:

"Texas oil and gas producers remain the backbone of American energy dominance. Our state's leadership in energy policy, innovation, efficiency, and operational excellence has enabled sustained production levels alongside disciplined workforce management. It is essential that federal policies support expanded domestic development through streamlined permitting, reduced regulatory burdens, and pro-energy initiatives. These measures will safeguard high-paying jobs across Texas, bolster investment, expand critical infrastructure, and ensure affordable, secure energy for the nation and our allies."

Texas Upstream Employment Rebounds in December 2025

Fri, 30 Jan 2026 16:27:45 GMT

Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures for the Texas oil and natural gas industry. According to TIPRO, employment in the Texas upstream sector increased between November and December 2025, with oil and natural gas extraction jobs rising by 500 to 70,200 (+0.7 percent m/m), while support activities employment grew by 1,500 to 133,200 (+1.1 percent m/m). Combined upstream employment increased by 2,000 jobs to 203,400 (+1.0 percent m/m), reported TIPRO.

From January to December 2025, employment in the Texas upstream sector showed early gains followed by later fluctuations, noted TIPRO. Oil and Gas Extraction added a net 2,000 jobs (+2.9 percent), reaching a peak of 70,200 in June, July, and December, driven by robust Permian production despite market pressures. Support Activities employment recorded a net loss of 2,100 jobs (-1.6 percent), with a February–May surge (+2,800) partially offset by mid-year declines (-3,400 in June–July) and subsequent volatility, reflecting rig count reductions and service sector adjustments. Combined, the sectors ended essentially flat, with a net change of -100 jobs (-0.05 percent), reaching 203,400 by December and underscoring the industry's critical yet volatile role in sustaining Texas' energy workforce.

TIPRO’s workforce data continues to indicate strong job postings for the Texas oil and natural gas industry in December, but analysis revealed a continued decline in Q4 driven by lower oil prices, industry consolidation and ongoing efficiency gains, which allow companies to maintain or increase production with reduced hiring activity. According to the association, there were 7,887 unique industry job postings in Texas during the month of December compared to 8,619 in November, and 2,957 new job postings added during the month. In comparison, the state of Pennsylvania had 2,839 unique job postings in December, followed by California 2,400, Ohio 2,050, and Illinois 1,985. TIPRO reported a total of 54,284 unique job postings nationwide during the month of December within the oil and natural gas industry, including 20,251 new postings.

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations led in the ranking for unique job listings in December with 1,780 postings, followed by Gasoline Stations with Convenience Stores (1,559), Petroleum Refineries (660) and Crude Petroleum Extraction (536). The leading four cities by total unique oil and natural gas job postings were Houston (1,911), Midland (533), Dallas (329) and Odessa (279), said TIPRO.

The top four companies ranked by unique job postings in December were Love’s (670), Energy Transfer (281), ExxonMobil (280) and Baker Hughes (193), according to the association. Of the top ten companies listed by unique job postings in December, four companies were in the services sector, three in the gasoline stations with convenience stores category, two midstream companies and one fully integrated oil and natural gas company. Top posted industry occupations for December included maintenance and repair workers general (299), heavy and tractor-trailer truck drivers (291), and retail salespersons (279).

Top qualifications for unique job postings in December included valid driver’s license (1,434), commercial driver’s license (CDL) (224) and tanker endorsement (139). TIPRO reports that 38 percent of unique job postings had no education requirement listed, 34 percent required a bachelor’s degree and 29 percent required a high school diploma or GED. There were 1,952 advertised salary observations (25 percent of the 7,887 matching postings) with a median salary of $52,100. The highest percentage of advertised salaries (32 percent) were in the $75,000 to $500,000 range.

Additional TIPRO workforce trends data:

A list of unique job postings by state in December can be viewed here.
A sample of industry job postings in Texas for December can be viewed here.
The top three posting sources in December included www.indeed.com (2,921), www.simplyhired.com (2,049) and www.dejobs.org (1,040).

Even though the industry's tax impact has declined slightly in more recent months as a result of shifting market conditions and falling oil prices, TIPRO adds, tax contributions by the state's oil and natural gas industry still are significant and continue to provide funding for important state services and programs that include public education, road and highway construction, first responders and much more. According to recent data from the Texas comptroller's office, in December, Texas energy producers paid $394 million in state oil production taxes. Notably, Texas producers also in December paid $169 million in additional state natural gas production taxes.

Moreover, in Q4 of 2025, the U.S. oil and natural gas sector demonstrated strong operational resilience, achieving record production levels that reinforced America's position as the world's leading energy supplier. West Texas Intermediate (WTI) crude oil averaged approximately $59.65 per barrel during the quarter, contributing to a full-year average near $65 per barrel. Domestic operators drove annual crude production to a historic high of 13.6 million barrels per day, led by continued efficiency gains in the Permian Basin despite a declining rig count. Prices faced persistent downward pressure from abundant global supply and moderated demand growth.

Texas producers played a pivotal role in 2025, contributing approximately 42–43 percent of U.S. crude oil production at an average of around 5.8 million barrels per day (with monthly peaks reaching 5.9 million barrels per day), underscoring the state’s unmatched leadership amid persistent market headwinds. Natural gas markets showed a meaningful rebound late in the quarter, with Henry Hub prices averaging about $3.52 per million British thermal units for the year, a 56 percent increase from 2024 lows, driven by seasonal heating demand and proactive supply management that helped meet winter needs effectively. Texas natural gas production reached record levels, estimated at nearly 13.6 trillion cubic feet annually, underscoring the state's critical supply contributions.

Several factors shaped these market dynamics. Record U.S. production and OPEC+ output increases created a well-supplied global market, while demand growth slowed to around 850,000 barrels per day due to economic normalization, trade uncertainties and softer consumption in key regions. Geopolitical conditions provided little upward support, and seasonal inventory builds added temporary downward pressure on WTI. For natural gas, winter weather preparations and demand surges offered significant relief, though abundant supply growth limited the magnitude and duration of price gains.

Early indicators for Q1 2026 show continued challenges for domestic producers. WTI crude oil hovered around $60 per barrel through much of January amid persistent global surplus conditions but has risen sharply in recent days to around $64–$65 due to heightened geopolitical tensions involving Iran and associated supply disruption concerns. U.S. oil production remains near 13.6 million barrels per day but is showing early signs of a near-term plateau, with modest declines anticipated as operators maintain disciplined capital allocation in response to lower price realizations and margin compression.

Natural gas prices moderated below $3.50 per million British thermal units following a Q4 2025 rally, though extreme cold associated with Winter Storm Fern drove sharp, short-term spikes at Henry Hub in late January 2026. Looking ahead, Q1 2026 is expected to feature a slight softening, with Henry Hub averaging around $3.40 per million British thermal units amid assumptions of milder weather and supply that remains well-aligned with demand. For the full year 2026, the annual average is projected to stay near $3.50 per million British thermal units, essentially flat with 2025 levels, as production growth largely matches moderate demand increases. Although colder-than-normal weather and events like Winter Storm Fern have delivered short-term price relief through elevated demand, the longer-term outlook is strengthening, with increased electricity consumption from data centers and rising LNG exports expected to support higher utilization and more durable demand growth beyond weather-related fluctuations.

The following statement can be attributed to Ed Longanecker, president of TIPRO:

“Texas producers have once again proven their ability to deliver essential energy reliably even under sustained market pressure. As the cornerstone of U.S. production, Texas continues to lead through innovation, cost discipline and a steadfast focus on operational excellence. The current environment demands careful resource management and realistic expectations. Federal policies that prioritize domestic energy expansion, expedite permitting and eliminate unnecessary regulatory obstacles will be critical to maintaining investment momentum, protecting jobs and ensuring affordable energy for American families and businesses. TIPRO is dedicated to advancing those priorities on behalf of our members and the state.”

Texas Upstream Employment and Job Postings Decline in Q4

Fri, 09 Jan 2026 17:23:53 GMT

Austin, Texas – Due to the federal government shutdown and suspension of related services last year, the Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS) was delayed until the government resumed operations. Today, CES data was released simultaneously for the months of October and November 2025. The analysis below corresponds with the latest CES report and provides additional insight on markets trends.

According to the Texas Independent Producers and Royalty Owners Association (TIPRO), employment in the Texas upstream sector declined between October and November 2025, with oil and natural gas extraction jobs increasing modestly by 100 to 69,600 (+0.1 percent m/m), buoyed by Permian Basin efficiencies, while support activities employment fell by 3,600 to 131,600 (-2.7 percent m/m) amid rig count erosion (down 7.6 percent y/y) and service sector streamlining. Combined upstream employment decreased by 3,500 jobs to 201,200 (-1.7 percent m/m).

From January to November 2025, employment in the Texas upstream sector displayed early resilience followed by late-year softening, noted TIPRO. Oil and Gas Extraction added a net 1,400 jobs (+2.1 percent), peaking at 70,200 in June and July before a -400 dip from August to November, driven by robust Permian production but offset by layoffs and lower oil prices. Support Activities employment saw a net loss of 3,700 jobs (-2.7 percent), with a February–May surge (+2,800) undone by mid-year declines (-3,400 in June–July) and further erosion (-4,500 from August to November), reflecting rig count and services reductions. Combined, the sectors lost 2,300 jobs (-1.1 percent), reaching 201,200 by November, underscoring the industry’s critical yet volatile role in sustaining Texas' energy workforce.

TIPRO’s workforce data continues to indicate strong job postings for the Texas oil and natural gas industry in November, but analysis revealed a decline in Q4 driven by lower oil prices, industry consolidation, and ongoing efficiency gains, which allow companies to maintain or increase production with reduced hiring activity. According to the association, there were 8,619 unique job postings during the month of November compared to 9,344 in October, and 3,434 new job postings added during the month. In comparison, the state of Pennsylvania had 2,840 unique job postings in November, followed by California 2,588, Ohio 2,346, and Illinois 2,200. TIPRO reported a total of 55,996 unique job postings nationwide during the month of November within the oil and natural gas industry, including 23,784 new postings.

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations led in the ranking for unique job listings in November with 2,095 postings, followed by Gasoline Stations with Convenience Stores (1,569), Petroleum Refineries (738), and Crude Petroleum Extraction (577). The leading four cities by total unique oil and natural gas job postings were Houston (2,178), Midland (570), Dallas (333) and Odessa (297), said TIPRO.

The top four companies ranked by unique job postings in November were Love’s (723), Energy Transfer (245), John Wood Group (236), and ExxonMobil (232), according to the association. Of the top ten companies listed by unique job postings in November, six companies were in the services sector, two in the gasoline stations with convenience stores category, one midstream company and one fully integrated oil and natural gas company. Top posted industry occupations for November included maintenance and repair workers general (300), heavy and tractor-trailer truck drivers (293), and retail salespersons (263).

Top qualifications for unique job postings in November included valid driver’s license (1,478), commercial driver’s license (CDL) (210), and transportation worker identification credential (TWIC) card (207). TIPRO reports that 37 percent of unique job postings had no education requirement listed, 36 percent required a bachelor’s degree and 29 percent required a high school diploma or GED. There were 2,241 advertised salary observations (26 percent of the 8,619 matching postings) with a median salary of $53,100. The highest percentage of advertised salaries (26 percent) were in the $85,000 to $500,000 range.

Additional TIPRO workforce trends data:

A list of unique job postings by state in November can be viewed here.
A sample of industry job postings in Texas for November can be viewed here.
The top three posting sources in November included www.indeed.com (2,792), www.simplyhired.com (2,355) and www.dejobs.org (1,217).

Actuals for West Texas Intermediate (WTI) in late 2025 and early 2026 reflect a challenging market environment from an industry standpoint, notes TIPRO. Prices ended 2025 around $57 to $58 per barrel and are currently trading in the $57 to $58 range as of early January 2026, amid persistent global oversupply. EIA's December 2025 Short-Term Energy Outlook projected a 2025 annual average of approximately $65 per barrel for WTI, but actuals came in lower due to inventory builds and non-OPEC supply growth. For 2026, the EIA forecasts an annual average of about $51 per barrel for WTI (with Brent at $55), and Q1 2026 potentially averaging around $55 for Brent (with WTI tracking closely lower), though market consensus points to the high $50s to low $60s if demand stabilizes or geopolitical factors provide support. Optimistic scenarios suggest potential rebounds toward $58 to $60 early in the year from seasonal upticks or supply disruptions, while bearish outlooks warn of further declines to $50 or below if oversupply persists. The Permian Basin, driving nearly half of U.S. oil production at around 13.6 million barrels per day in 2025, is projected to see only marginal growth to about 6.56 million barrels per day in 2026 (with overall U.S. crude dipping slightly to 13.5 million b/d), underscoring efficiency gains but ongoing profitability pressures at sub-$60 prices that are driving cautious capital spending, workforce adjustments, and a pivot toward natural gas amid rising LNG and AI data center demand.

The following statement can be attributed to Ed Longanecker, president of TIPRO:

“Texas producers continue to demonstrate remarkable resilience through operational efficiencies and innovation. These advancements, bolstered by supportive policies, enable the industry to effectively address current challenges while capitalizing on escalating demand from manufacturing, AI-driven data centers and international exports. Texas innovators stand prepared to meet this growing need, but a sustained focus on advancing pro-energy policy is indispensable to expedite critical projects, minimize unnecessary delays, safeguard jobs and reinforce the nation's energy dominance.”

Texas Upstream Employment Data Delayed, While Government Shutdown Threatens Broader Energy Ecosystem

Fri, 17 Oct 2025 16:30:00 GMT

Austin, Texas – Due to the ongoing federal government shutdown and suspension of related services, the Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS) for the month of September has been delayed until the government resumes operations.

According to analysis by the Texas Independent Producers and Royalty Owners Association (TIPRO), the estimated employment trajectory in the Texas upstream sector through September 2025 illustrates a precarious balance between operational resilience and mounting headwinds, as declining global oil prices collide with tariffs and geopolitical flashpoints like escalated sanctions on Russia and Iran. Texas oil and natural gas extraction jobs are projected to dip modestly to 69,650 in September compared to August (-0.5 percent m/m), buoyed by Permian Basin efficiencies, yet tempered by corporate consolidations and workforce reductions amid rising costs per barrel. Support Activities employment in Texas, estimated at 134,425 in September (-0.5 percent m/m), face sharper volatility from rig count erosion (down 7.6 percent y/y) and service sector streamlining, exacerbating a net Q3 contraction despite high job postings.

Combined, Texas upstream sector employment is estimated at 204,075 in September (-0.5 percent m/m), said TIPRO, underscoring the Permian’s outsized role in sustaining Texas' upstream employment at ~205,000 while navigating tariff uncertainties, various global supply and demand scenarios, and federal furloughs. These dynamics highlight the industry's indispensable economic engine, while fortifying U.S. energy security through Texas production dominance.

From January to September 2025, employment in the Texas upstream sector displayed early resilience followed by late-summer softening, noted TIPRO. Oil and Gas Extraction added a net 1,450 jobs (+2.1 percent), peaking at 70,200 in June and July before an estimated -350 job dip in September, driven by robust Permian production but offset by layoffs and lower oil prices. Support Activities employment saw a net loss of 875 jobs (-0.6 percent), with a February–May surge (+2,800) undone by mid-year declines (-3,400 in June–July) and a modest September drop (-675), reflecting rig count and services reductions. Combined, the sectors gained 575 jobs (+0.3 percent), reaching an estimated 204,075 by September, underscoring the Permian Basin's critical yet volatile role in sustaining Texas' energy workforce.

Meanwhile, despite these uncertainties, TIPRO’s new workforce data still indicated strong job postings for the Texas oil and natural gas industry. According to the association, there were 10,167 active unique jobs postings for the Texas oil and natural gas industry last month, essentially flat compared to postings in August, and 4,233 new postings, compared to 3,806 in the previous month. In comparison, the state of Pennsylvania had 2,668 unique job postings in September, followed by California (2,659), Ohio (2,271), and Illinois (2,217). TIPRO reported a total of 58,878 unique job postings nationwide last month within the oil and natural gas sector, including 22,992 new postings.

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations led in the ranking for unique job listings in September with 2,215 postings, followed by Gasoline Stations with Convenience Stores (2,073), Petroleum Refineries (1,165), and Pipeline Transportation of Natural Gas (749). The leading four cities by total unique oil and natural gas job postings were Houston (2,528), Midland (679), Dallas (410) and Odessa (341), said TIPRO.

The top four companies ranked by unique job postings in September were Love’s (875), ExxonMobil (326), Murphy USA (312), Energy Transfer (278), and NOV (222), according to the association. Of the top ten companies listed by unique job postings last month, four companies were in the services sector, three in the gasoline stations with convenience stores category, two midstream companies and one fully integrated oil and natural gas company. Top posted industry occupations for September included cashiers (421), maintenance and repair workers general (360), and heavy and tractor-trailer truck drivers (275).

Top qualifications for unique job postings in September included valid driver’s license (1,788), transportation worker identification credential (TWIC) card (246), and commercial driver’s license (CDL) (244). TIPRO reports that 36 percent of unique job postings had no education requirement listed, 35 percent required a bachelor’s degree and 30 percent required a high school diploma or GED. There were 2,477 advertised salary observations (24 percent of the 10,167 matching postings) with a median salary of $52,600. The highest percentage of advertised salaries (29 percent) were in the $85,000 to $500,000 range.

Additional TIPRO workforce trends data:

A list of unique job postings by state in September can be viewed here.

A sample of industry job postings in Texas for September can be viewed here.
The top three posting sources in September included www.indeed.com (2,869), www.simplyhired.com (2,837) and www.dejobs.org (1,768).

TIPRO also notes tax contributions by the state's oil and natural gas industry remain high in spite of shifting industry and market conditions. According to recent data from the Texas comptroller's office, in September, Texas energy producers paid $444 million in oil production taxes and $224 million in natural gas production taxes. Oil and gas tax revenue helps to provide essential funding for programs that benefit all Texans, including public education, state roads and highways, first responders and other important public services.

Moreover, TIPRO spotlights additional data confirming record-high oil and natural gas production in Texas and across the U.S. this summer. U.S. crude oil production in July grew to 13.64 million barrels per day (bpd), according to new figures released by the U.S. Energy Information Administration (EIA). This is up from June, when U.S. oil production totaled 13.5 million bpd. In Texas, the nation's top oil and gas producing state, oil output also increased in July, rising to 5.8 million bpd, said the EIA. Gross natural gas production in the U.S. Lower 48 states hit a record 121.62 billion cubic feet per day (bcf/d) in July, up from 120.57 bcf/d in June, the EIA also reported. In Texas, monthly natural gas output in July jumped by 1.4 percent to reach an all-time high of 37.35 bcf/d.

Projections for West Texas Intermediate (WTI) in late 2025 paint a mixed picture, adds TIPRO. The EIA anticipates an annual average of roughly $65 per barrel, but a fourth-quarter dip toward $61–$63 is likely as OPEC+ ramps up and U.S. output holds firm at 13.5 million barrels per day. Optimistic outlooks suggest a potential rebound to $64 by November, driven by seasonal demand or unexpected supply disruptions. However, more cautious forecasts warn of a slide to $54 by year-end. The Permian Basin, powering nearly half of U.S. oil production, remains a linchpin, but low prices challenge profitability, prompting efficiency drives and workforce adjustments.

TIPRO continues to track the supply and demand trends that are impacting American producers. As the federal government shutdown threatens our nation’s stability, the organization continues to call on the United States Senate to pass a clean Continuing Resolution (CR) to reopen the government and protect America’s energy security. This is not merely a fiscal impasse, it’s a direct challenge to our nation’s ability to produce affordable, reliable energy. TIPRO emphasizes that Texas, the heart of American energy production, stands ready to continue powering the nation, but a prolonged shutdown risks undermining the broader energy ecosystem that is critical to our country’s strength and global standing.

The following statement can be attributed to Ed Longanecker, president of TIPRO:

“We appreciate the executive action taken by President Trump to insulate some aspects of our industry from the government shutdown, but the collective, long-term impact on national energy security cannot be ignored. Texas continues to lead the way in domestic oil and gas production, keeping inflation in check, powering American manufacturing, and supplying allies from Europe to Asia with liquefied natural gas (LNG). A prolonged shutdown threatens to stall progress, opening the door for foreign competitors and undermining the energy dominance built through American ingenuity and Texas resolve. Texas producers will keep working, but they need a fully functioning government to ensure their efforts translate into stable markets and robust energy security for the nation. We urge every U.S. senator to act swiftly and pass a clean CR to fund the government without delay or harmful riders. Let’s protect America’s energy security, support the Texas workers who power our nation, and maintain our position as the world’s energy leader. The stakes are too high for politics to stand in the way.”

Texas Upstream Employment Increases in August

Sun, 21 Sep 2025 14:30:00 GMT

Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing an increase in upstream employment in Texas in the month of August. According to TIPRO’s analysis, direct Texas upstream employment for August totaled 205,100, an increase of 200 industry positions from July employment numbers. This represented a decrease of 200 jobs in oil and gas extraction and the addition of 400 jobs in the services sector.

TIPRO’s new workforce data indicated strong job postings for the Texas oil and natural gas industry. According to the association, there were 10,154 active unique jobs postings for the Texas oil and natural gas industry last month, compared to 8,853 postings in July, and 3,806 new postings, compared to 3,840 in the previous month. In comparison, the state of Pennsylvania had 2,981 unique job postings in August, followed by California (2,563), Ohio (2,322), and Illinois (2,014). TIPRO reported a total of 59,724 unique job postings nationwide last month within the oil and natural gas sector, including 20,165 new postings.

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations led in the ranking for unique job listings in August with 2,212 postings, followed by Gasoline Stations with Convenience Stores (1,896), Petroleum Refineries (1,166), and Pipeline Transportation of Natural Gas (867). The leading four cities by total unique oil and natural gas job postings were Houston (2,497), Midland (682), Dallas (410) and Odessa (357), said TIPRO.

The top four companies ranked by unique job postings in August were Love’s (752), Murphy USA (395), Energy Transfer (354), and Primoris Service Corporation (244), according to the association. Of the top ten companies listed by unique job postings last month, five companies were in the services sector, two midstream companies, two in the gasoline stations with convenience stores category, and one fully integrated oil and natural gas company. Top posted industry occupations for August included cashiers (440), maintenance and repair workers general (363), and heavy and tractor-trailer truck drivers (300). The top posted job titles for August included cashiers (327), maintenance technicians (133), and team members (119).

Top qualifications for unique job postings in August included valid driver’s license (1,880), commercial driver’s license (CDL) (255), and transportation worker identification credential (TWIC) (205). TIPRO reports that 37 percent of unique job postings had no education requirement listed, 35 percent required a bachelor’s degree and 29 percent required a high school diploma or GED. There were 2,316 advertised salary observations (23 percent of the 10,154 matching postings) with a median salary of $53,400. The highest percentage of advertised salaries (31 percent) were in the $85,000 to $500,000 range.

Additional TIPRO workforce trends data:

A list of unique job postings by state in August can be viewed here.
A sample of industry job postings in Texas for August can be viewed here.
The top three posting sources in August included www.indeed.com (3,388), www.simplyhired.com (2,788) and www.dejobs.org (1,822).

Oil and natural gas tax contributions also remained high last month, notes TIPRO. According to recent data from the Texas comptroller's office, in August, Texas energy producers paid $445 million in oil production taxes, a six-month high. Further, producers last month also paid $194 million to the state in natural gas production taxes, up 143 percent from August 2024. Revenue that is provided from oil and gas production taxes offers essential funding used to support public services and state programs including Texas’ public schools and universities, roads, first responders and other services.

Moreover, TIPRO spotlights additional data confirming record high crude oil and natural gas production this summer. U.S. crude oil production in June jumped 133,000 barrels per day (bpd), totaling 13.58 million bpd, according to figures released by the U.S. Energy Information Administration (EIA). This compares with production a year ago of 13.25 million bpd. Of note, the EIA's data also showed crude production in top-producing state Texas increased 11,000 bpd in June to 5.72 million bpd. Gross natural gas production in the U.S. lower 48 states hit a record 120.7 billion cubic feet per day (bcf/d) in June, up from 120.2 bcf/d in May, the EIA also reported. In Texas, monthly natural gas output in June rose by 0.7 percent to 36.8 bcf/d.

“The Texas oil and natural gas industry remains vital for job creation, innovation and energy security, with 2025 employment trends driven by a variety of dynamic factors," said Ed Longanecker, president of TIPRO. "Federal policies, including faster permitting and expanded LNG export approvals, along with transformative investment in AI-driven data centers, will support increased export activity, creating high paying jobs in midstream, gas-fired generation and export infrastructure in the coming years," concluded Longanecker.

###

Texas Upstream Employment Declines in July, While Job Postings Rise

Fri, 15 Aug 2025 14:00:00 GMT

Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decrease in upstream employment in Texas in the month of July. According to TIPRO’s analysis, direct Texas upstream employment for July totaled 205,200, a decline of 1,400 industry positions from revised June employment numbers. This represented an increase of 200 jobs in oil and gas extraction and a decrease of 1,600 jobs in the services sector. As communicated in previous reports, TIPRO says fluctuations in monthly employment are normal and subject to revisions with CES data, also noting that demand for talent in the Texas upstream sector remains high.

TIPRO’s new workforce data indicated strong job postings for the Texas oil and natural gas industry. According to the association, there were 8,853 active unique jobs postings for the Texas oil and natural gas industry last month, compared to 8,457 postings in June, and 3,840 new postings, compared to 3,533 in the previous month. In comparison, the state of Pennsylvania had 3,089 unique job postings in July, followed by California (2,641), Ohio (2,515), and Illinois (2,035). TIPRO reported a total of 57,472 unique job postings nationwide last month within the oil and natural gas sector, compared to 51,661 in June, including 26,666 new postings, representing an increase of 4,805 in new employment opportunities.

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations led in the ranking for unique job listings in July with 2,207 postings, followed by Gasoline Stations with Convenience Stores (1,522), Petroleum Refineries (868), and Crude Petroleum Extraction (661). The leading four cities by total unique oil and natural gas job postings were Houston (2,038), Midland (611), Odessa (335) and Dallas (303), said TIPRO.

The top four companies ranked by unique job postings in July were Love’s (689), Energy Transfer (348), ExxonMobil (303), and Halliburton (287), according to the association. Of the top ten companies listed by unique job postings last month, four companies were in the services sector, two midstream companies, one in the gasoline stations with convenience stores category, one petroleum refinery company, one in oil and natural gas extraction, and one fully integrated oil and natural gas company. Top posted industry occupations for July included maintenance and repair workers general (371), retail salespersons (344), and heavy and tractor-trailer truck drivers (290). The top posted job titles for July included maintenance technicians (150), team leaders (122) and retail cashiers (86).

Top qualifications for unique job postings in July included valid driver’s license (1,750), commercial driver’s license (CDL) (253), and transportation worker identification credential (TWIC) (168). TIPRO reports that 36 percent of unique job postings had no education requirement listed, 34 percent required a bachelor’s degree and 30 percent required a high school diploma or GED. There were 1,887 advertised salary observations (21 percent of the 8,853 matching postings) with a median salary of $54,100. The highest percentage of advertised salaries (31 percent) were in the $85,000 to $500,000 range.

Additional TIPRO workforce trends data:

A list of unique job postings by state in July can be viewed here.
A sample of industry job postings in Texas for July can be viewed here.
The top three posting sources in July included www.indeed.com (3,404), www.simplyhired.com (2,497) and www.dejobs.org (2,114).

TIPRO also points to the strong tax contributions made by the state's oil and gas industry that continue to offer critical support of government coffers and provide important sources of funding for public services and programs that include Texas’ public schools and universities, roads, first responders and other essential services. Texas energy producers in July paid $433 million in oil production taxes, according to the Texas comptroller’s office. Last month, producers also paid $178 million to the state in natural gas production taxes, up 8 percent from July 2024.

Additionally, TIPRO highlights recent data from the U.S. Energy Information Administration (EIA) showing crude oil production in Texas grew to 5.752 million barrels per day (bpd) in May, up from 5.751 million bpd pumped in April. Natural gas production in the Lone Star State last month also held steady at 36.75 billion cubic feet per day (bcf/d), data from the EIA showed, hovering near record levels of output.

“We are acutely aware of the challenges facing some companies in the upstream sector. Texas oil and gas producers have gained significant market, regulatory and fiscal advantages relative to the pre-pandemic era, driven largely by the One Big Beautiful Bill Act and EPA’s deregulatory actions that will reduce barriers and costs for operators, but those benefits will take time to fully realize or feel,” said Ed Longanecker, president of TIPRO. “While uncertainties remain relative to geopolitical conflicts, OPEC output and tariffs, this new era of American energy dominance will unquestionably be fueled by domestic oil and natural gas, with Texas as the undisputed leader,” concluded Longanecker.

Former TIPRO Chairman Eugene Garcia Receives Association’s Highest Honor

Tue, 12 Aug 2025 14:00:00 GMT

Eugene Garcia, president of Hurd Enterprises Ltd. in San Antonio, was honored with the Mr. TIPRO award by the Texas Independent Producers and Royalty Owners Association (TIPRO) at its 2025 Summer Conference last week in San Antonio. Presented annually, the award is TIPRO’s top honor and recognizes members of the association who have proven to be loyal and involved over the years. Recipients of the Mr. TIPRO award are selected for demonstrating distinctive service and dedication to the association and its mission and recognized for significant achievements in their careers benefiting the Texas oil and natural gas industry.

Garcia has been a member of TIPRO for over 17 years and is a former chairman of the association. During his term leading TIPRO’s Board of Directors from 2018-2020, Garcia was the association’s first “third generation” chairman, following in the footsteps of his grandfather, Ambassador John G. Hurd (who served as chairman from 1960-1962), and his uncle, JR Hurd (who was TIPRO chairman from 2004-2006). Today Garcia still serves on TIPRO’s board and remains a continued sponsor and supporter of the organization. Through his longtime involvement and active participation with TIPRO, Garcia has been an important source of leadership for the association on a wide range of industry priorities.

Garcia began his career working for NASA, before later joining the tech world where he worked in successful positions with both Intel Corporation and Dell. In 2004, he was brought back into the family business where he has been working alongside his family at Hurd Enterprises as the company’s president. Hurd Enterprises is one of the most active independent producers exploring for natural gas in the Wilcox, Frio and Vicksburg trends along the Gulf Coast and in deep South Texas. The company also operates a commercial cattle business in South Texas and Southeastern Kansas and delivers over 5,500 feeder steers each year. Hurd’s real estate business has a portfolio of over 3 million square feet of commercial real estate in premier locations like San Antonio, New Braunfels and Laredo.

Outside of his career and industry accomplishments, Garcia has been involved with a number of charitable organizations. He is chairman of the board of directors for Habitat for Humanity of San Antonio & Guadalupe Valley. He has also served on the board for the Mission Road Ministries and the Boy Scouts of America, Alamo Area Council and as a member of the McDonald Observatory Board of Visitors. Additionally, he has been the chair of the First Presbyterian Church Local Missions Committee.

“Throughout the years, Eugene has demonstrated his outstanding leadership for Texas energy and our association is proud to recognize him as this year’s Mr. TIPRO,” said Ed Longanecker, president of TIPRO. “We appreciate Eugene’s commitment to TIPRO and his enthusiasm that’s helped propel the state’s oil and gas industry forward.”

Texas Upstream Employment Declines in June and New Era of American Energy Dominance

Fri, 18 Jul 2025 15:00:00 GMT

Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decrease in upstream employment in Texas in the month of June following two months of consecutive job growth. According to TIPRO’s analysis, direct Texas upstream employment for June totaled 205,400, a decline of 2,700 industry positions from May employment numbers. This represented an increase of 200 jobs in oil and gas extraction and a decrease of 2,900 jobs in the services sector.

TIPRO says fluctuations in monthly employment are normal and subject to revisions with CES data, noting demand for talent in the Texas upstream sector remains high. TIPRO also points to recent policy developments that will support the continued expansion of domestic production and energy infrastructure in the coming years.

TIPRO’s new workforce data indicated strong job postings for the Texas oil and natural gas industry. According to the association, there were 8,457 active unique jobs postings for the Texas oil and natural gas industry last month, compared to 8,157 postings in May, and 3,533 new postings, compared to 3,050 in the previous month. In comparison, the state of Pennsylvania had 2,689 unique job postings in June, followed by California (2,555), New York (2,265) and Ohio (2,201). TIPRO reported a total of 51,661 unique job postings nationwide last month within the oil and natural gas sector, including 21,861 new postings.

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations led in the ranking for unique job listings in June with 2,120 postings, followed by Gasoline Stations with Convenience Stores (1,388), Petroleum Refineries (849), and Natural Gas Distribution (636). The leading four cities by total unique oil and natural gas job postings were Houston (2,141), Midland (574), Odessa (384) and Dallas (310), said TIPRO.

The top four companies ranked by unique job postings in June were Love’s (654), Energy Transfer (322), Halliburton (293) and ExxonMobil (289), according to the association. Of the top ten companies listed by unique job postings last month, five companies were in the services sector, two midstream companies, one in the gasoline stations with convenience stores category, one petroleum refinery company and one fully integrated oil and natural gas company. Top posted industry occupations for June included retail salespersons (348), maintenance and repair workers general (330) and heavy and tractor-trailer truck drivers (278). The top posted job titles for June included maintenance technicians (125), retail cashiers (80) and field service technicians (69).

Top qualifications for unique job postings in June included valid driver’s license (1,678), commercial driver’s license (CDL) (224), and transportation worker identification credential (TWIC) (151). TIPRO reports that 36 percent of unique job postings had no education requirement listed, 35 percent required a bachelor’s degree and 30 percent required a high school diploma or GED. There were 1,753 advertised salary observations (21 percent of the 8,457 matching postings) with a median salary of $59,500. The highest percentage of advertised salaries (31 percent) were in the $90,000 to $500,000 range.

Additional TIPRO workforce trends data:

A list of unique job postings by state in June can be viewed here.
A sample of industry job postings in Texas for June can be viewed here.
The top three posting sources in June included www.indeed.com (3,067), www.simplyhired.com (2,486) and www.dejobs.org (2,287).

TIPRO also calls attention to the strong tax contributions made by the state's oil and gas industry that offer vital support of government coffers and provide important funding for public services and programs that include Texas’ public schools and universities, roads, first responders and other essential services. Texas energy producers in June paid $405 million in oil production taxes, according to the Texas comptroller’s office. Last month, producers also paid $214 million to the state in natural gas production taxes, up 25 percent from June 2024.

Additionally, TIPRO highlights recent data from the U.S. Energy Information Administration (EIA) showing crude oil production in Texas continues to climb, rising 1.8 percent in April to 5.77 million barrels per day. Monthly production of natural gas also grew in Texas in the month of April by 1.2 percent to a record 37 billion cubic feet per day (bcf/d). According to the EIA, the prior record for Texas was 36.56 bcf/d set in March. Although oil and gas output in Texas and nationwide has reached record highs this year, analysts from the EIA caution production growth could be slowing down, as energy producers ease drilling and completion activity as a result of market uncertainties and price volatility.

Finally, TIPRO emphasizes a major policy victory this month with the passage of the One Big Beautiful Bill (OBBB). Key benefits include:

Streamlines permitting for federal energy projects.
Restores certainty to the LNG export approval process.
Mandates onshore and offshore oil and gas lease sales.
Allows commingling of onshore and offshore production on federal lands.
Delays the methane fee until 2035.
Protects industry tax treatment such as intangible drillings costs (IDCs), carried interest and percentage depletion.

"The OBBB marks a major win for domestic producers across the country and restores balance to national energy policy," said Ed Longanecker, president of TIPRO. "By establishing a streamlined permitting process, rolling back costly regulations and providing certainty to federal leasing, this legislation ushers in a new era of American energy dominance, with Texas continuing to lead the way," concluded Longanecker.

Texas Upstream Employment Increases in April

Fri, 16 May 2025 14:55:30 GMT

Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing an increase in upstream employment in Texas in the month of April. According to TIPRO’s analysis, direct Texas upstream employment for April totaled 206,000, an increase of 1,700 industry positions from March employment numbers, subject to revisions. This represented an increase of 900 jobs in the services sector and 800 jobs in oil and gas extraction.

TIPRO’s new workforce data still indicated strong job postings for the Texas oil and natural gas industry, although April data showed a decline in overall unique postings compared to the previous month, despite an increase in new postings. According to the association, there were 8,826 active unique jobs postings for the Texas oil and natural gas industry last month, compared to 10,120 postings in March, and 3,919 new postings, compared to 3,458 in the previous month. In comparison, the state of California had 2,611 unique job postings in April, followed by New York (2,392), Florida (1,744) and Colorado (1,290). TIPRO reported a total of 49,826 unique job postings nationwide last month within the oil and natural gas sector, including 22,744 new postings in April.

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Gasoline Stations with Convenience Stores led in the ranking for unique job listings in April with 2,158 postings, followed by Support Activities for Oil and Gas Operations (2,015) and Petroleum Refineries (775). The leading three cities by total unique oil and natural gas job postings were Houston (2,021), Midland (592) and Odessa (411), said TIPRO.

The top three companies ranked by unique job postings in April were Love’s (665), Cefco (655) and John Wood Group (280), according to the association. Of the top ten companies listed by unique job postings last month, five companies were in the services sector, two in the gasoline stations with convenience stores category, two midstream companies and one oil and gas operator. Top posted industry occupations for April included retail salespersons (411), first-line supervisors of retail sales workers (391), and heavy and tractor-trailer truck drivers (360). The top posted job titles for April included customer service representatives (155), store managers (141), and maintenance technicians (112).

Top qualifications for unique job postings included valid driver’s license (1,574), CDL class a license (300) and hazmat endorsement (166). TIPRO reports that 42 percent of unique job postings had no education requirement listed, 30 percent required a bachelor’s degree and 29 percent required a high school diploma or GED. There were 1,733 advertised salary observations (20 percent of the 8,826 matching postings) with a median salary of $58,200. The highest percentage of advertised salaries (26 percent) were in the $90,000 to $500,000 range.

Additional TIPRO workforce trends data:

A sample of industry job postings in Texas for April can be viewed here.
The top three posting sources in April included www.indeed.com (4,395), www.simplyhired.com (2,633) and www.dejobs.org (2,218).

TIPRO also highlights significant tax contributions by the state's oil and gas industry that continue to offer essential support of government coffers and provide funding for public services. In April, Texas energy producers paid $436 million in oil production taxes, according to data published by the Texas comptroller’s office, up from March 2025. Producers last month also paid $233 million to the state in natural gas production taxes, up 37 percent from a year ago.

Additionally, TIPRO points to recent data from the U.S. Energy Information Administration (EIA) showing U.S. power consumption will hit record highs in 2025 and 2026. In its latest Short-Term Energy Outlook (STEO) report, the EIA has projected power demand will rise to 4,205 billion kilowatt hours (kWh) this year and then increase to 4,252 billion kWh in 2026, from a record 4,097 billion kWh in 2024. The forecasts for surging power demands underscore the need for reliable power generation from domestic energy sources, including oil and natural gas. Energy policies that support greater oil and gas development will continue to prove critical to keep up with the rising power generation needs in the U.S.

TIPRO also emphasizes that energy policy and numerous economic and geopolitical factors continue to impact domestic production and related investment decisions, including, but not limited to, tariffs on steel and aluminum, and the decision from OPEC+ to increase output. In addition to TIPRO’s substantive work on state legislative and regulatory matters, the association continues to monitor federal policy issues facing the Texas oil and natural gas industry. Of note, the House Ways and Means Committee has recently released a comprehensive draft of the GOP’s tax and spending legislation, dubbed the “big, beautiful bill.” The proposed legislation represents a significant shift in U.S. energy policy, emphasizing increased fossil fuel production and a rollback of clean energy initiatives. This expansive proposal not only aims to extend the 2017 Trump-era tax cuts but also includes significant provisions affecting the oil and natural gas sector. As referenced below, the bill is currently advancing through the legislative process. The following are some of the current provisions of relevance to the energy sector.

Expansion of Federal Fossil Fuel Leasing - At least 30 lease sales are required over the next 15 years in the Gulf of Mexico, now referred to as the “Gulf of America” by the Trump administration, six lease sales are mandated in Alaska’s Cook Inlet, the bill resumes leasing for energy production in the National Petroleum Reserve in Alaska and the Arctic National Wildlife Refuge, and quarterly onshore oil and gas lease sales are reinstated, generating an estimated $12 billion in revenue.
Reduction of Royalty Rates - The bill would return royalty rates to 12.5 percent for both onshore and offshore drilling, down from the current 16.67 percent and 18.75 percent, respectively.
Streamlining Permitting Processes - The legislation aims to speed up permit approvals for energy projects, thereby reducing bureaucratic delays.
Repeal of Clean Energy Incentives - The legislation seeks to rescind clean energy tax credits established under the Inflation Reduction Act, including those for electric vehicles and renewable energy projects. The hydrogen production credit would be curtailed, and “technology neutral” clean energy credits would expire in 2031.
Strategic Petroleum Reserve Replenishment - The bill allocates $1.5 billion to replenish the Strategic Petroleum Reserve, signaling a commitment to maintaining national energy security.
Methane Emissions Reduction Program (MERP) - Included within the bill is a 10-year delay of the MERP, which provides $1.36 billion in financial and technical assistance through multiple funding opportunities, establishes a Waste Emissions Charge (WEC) for methane, and requires EPA to revise the Greenhouse Gas Reporting Program (GHGRP) subpart W regulations for the oil and gas sector.

The legislative journey of the “big, beautiful bill” is unfolding through the budget reconciliation process, which allows for expedited consideration of certain tax, spending, and debt limit legislation. The House Ways and Means Committee approved the tax provisions of the bill after a marathon session, passing it along party lines. Simultaneously, the House Natural Resources Committee advanced the energy-related sections, including the fossil fuel provisions. The approved sections from various committees are being consolidated by the House Budget Committee, which will assemble the full package for a floor vote. The consolidated bill is expected to be brought to the House floor for a vote before Memorial Day. If passed by the House, the bill will proceed to the Senate, where it may face amendments and further debate. The final step would be the bill’s presentation to President Trump for signature into law, with Republicans aiming for this to occur before the July 4 recess.

“TIPRO continues to engage in priority policy issues at all levels of government on behalf of our members and will monitor this significant legislative undertaking closely to ensure that domestic energy production is prioritized, including the protection of key tax provisions utilized by our industry,” said Ed Longanecker, president of TIPRO. “With the exponential growth in energy demand forecasted in the coming years, oil and natural gas will continue to play a dominate role, but we must have the right strategy in place to provide regulatory and economic certainty to our members for the benefit of our country and allies,” added Longanecker.

Texas Upstream Employment Declines in March Amid Market Volatility

Fri, 18 Apr 2025 17:04:31 GMT

Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a reduction in upstream employment in Texas in the month of March. According to TIPRO’s analysis, direct Texas upstream employment for March totaled 204,400, a decrease of 700 industry positions from February employment numbers, subject to revisions. This represented a decline of 900 jobs in the services sector and increase of 200 jobs in oil and gas extraction.

TIPRO’s new workforce data still indicated strong job postings for the Texas oil and natural gas industry. According to the association, there were 10,120 active unique jobs postings for the Texas oil and natural gas industry last month, including 3,458 new postings. In comparison, the state of California had 2,777 unique job postings in March, followed by New York (2,892), Florida (1,781) and Colorado (1,438). TIPRO reported a total of 53,285 unique job postings nationwide last month within the oil and natural gas sector.

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Gasoline Stations with Convenience Stores led in the ranking for unique job listings in March with 2,806 postings, followed by Support Activities for Oil and Gas Operations (2,247) and Petroleum Refineries (820). The leading three cities by total unique oil and natural gas job postings were Houston (2,212), Midland (635) and Odessa (412), said TIPRO.

The top three companies ranked by unique job postings in March were Cefco (1,200), Love’s (726) and Energy Transfer (307), according to the association. Of the top ten companies listed by unique job postings last month, five companies were in the services sector, two in the gasoline stations with convenience stores category, two midstream companies and one oil and gas operator. Top posted industry occupations for March included first-line supervisors of retail sales workers (620), heavy and tractor-trailer truck drivers (434), and maintenance and repair workers (306). The top posted job titles for March included assistant store managers (257), customer service representatives (251), and maintenance people (159).

Top qualifications for unique job postings included valid driver’s license (1,661), commercial driver's license (CDL) (331) and hazmat endorsement (196). TIPRO reports that 44 percent of unique job postings had no education requirement listed, 28 percent required a bachelor’s degree and 28 percent required a high school diploma or GED. There were 1,776 advertised salary observations (18 percent of the 10,120 matching postings) with a median salary of $60,000. The highest percentage of advertised salaries (26 percent) were in the $90,000 to $500,000 range.

Additional TIPRO workforce trends data:

A sample of industry job postings in Texas for March can be viewed here.
The top three posting sources in March included www.indeed.com (4,724), www.simplyhired.com (2,773) and www.dejobs.org (2,271).

TIPRO also highlights rising tax contributions by the oil and gas industry that continue to support essential government coffers and public services. In March, Texas energy producers paid $425 million in oil production taxes, according to data published by the Texas comptroller’s office. Producers last month also paid $288 million to the state in natural gas production taxes, up from February and 36 percent higher than a year ago.

Additionally, TIPRO points to new data from the U.S. Energy Information Administration (EIA) reinforcing the strong role of energy production and development in Texas, particularly in the Permian Basin and Eagle Ford Shale. According to the EIA, the Permian Basin last year produced more crude oil than any other energy-producing region in the country, accounting for 48 percent of total U.S. crude oil production in 2024. Permian production accounted for almost all the nation's oil production growth in 2024, rising by 370,000 barrels per day (b/d) compared with 2023 to average 6.3 million b/d last year. Natural gas production also jumped last year in the Permian by 12 percent, or 2.7 billion cubic feet per day (Bcf/d), to average 25.4 Bcf/d. In the Eagle Ford, oil production was steady last year at 1.2 million b/d. Eagle Ford natural gas production, meanwhile, averaged 6.8 Bcf/d in 2024. Improving well productivity and technological advancements such as artificial intelligence, electronic hydraulic fracturing technology and automated drilling processes have allowed producers to better optimize operations and helped to support higher production output in formations like the Permian and Eagle Ford.

As a result of recent commodity price movement and significant market volatility, there are high uncertainties in outlooks for future energy supply, demand and prices. Based on current market conditions as of early April, analysts at the EIA are still projecting production growth this year and next in oil and natural gas output. U.S. oil production is forecasted to top 13.6 million b/d in 2025 and rise to 13.6 million b/d in 2026. Rising natural gas prices and increasing demand for liquefied natural gas (LNG) exports will also support higher natural gas production in the U.S. over the coming year.

As priorities in the American energy landscape shift toward securing reliable, affordable, and responsible energy, the United States is once again turning to Texas producers to lead the way. From the Permian Basin to the Gulf Coast, Texas operators continue to meet energy demand while embracing new technologies to lower emissions. Recently, federal mandates and regulations at key agencies like the Environmental Protection Agency (EPA) and Department of Energy (DOE) have shifted, enabling operators to streamline processes for energy production and infrastructure development.

In March, the EPA announced 31 deregulatory actions—its largest such initiative in history. Among these were policies that significantly increased costs and bureaucratic barriers to oil and gas development but failed to actually improve air quality. Removing these hurdles will help lower costs for Americans, remove duplicative or inefficient rules, and empower states and producers to innovate. By reducing compliance costs, producers can now use that capital to reduce emissions through critical infrastructure updates and enhanced environmental controls. These changes also allow states to implement localized solutions that better align with their unique needs and energy priorities.

Similarly, the DOE reversed its pause on LNG export approvals, ending regulatory uncertainty that threatened the U.S.’ ability to deliver natural gas to global allies. In doing so, DOE reaffirmed that regulatory clarity and operational feasibility are key to unleashing American energy dominance.

“By recognizing what’s working, and removing what isn’t, policymakers can support a regulatory environment that promotes energy security, environmental responsibility, and economic growth,” said Ed Longanecker, president of TIPRO. “Sensible and predictable regulations at the state and federal level will enable Texas operators to continue their vital role in providing the energy that fuels our global economy,” added Longanecker.

Data Shows Methane Emissions in Texas’ Permian Basin Remain Low Amid Near-Record Production in Latest Texans for Natural Gas Report

Thu, 03 Apr 2025 14:00:00 GMT

Austin, Texas—Today, Texans for Natural Gas, a campaign of the Texas Independent Producers and Royalty Owners Association (TIPRO), released a new report titled "Methane Emissions in Texas’ Permian Basin Remain Low Despite Near Record Production." The report highlights the continued success of oil and natural gas producers in the United States, Permian Basin and Texas in maintaining low emissions despite record oil and gas production levels.

"American oil and gas producers, especially in the Lone Star State, have always been committed to meeting increasing energy demand responsibly. Our most recent methane and flaring emissions data proves that the United States can fulfill global energy demand while keeping emissions low thanks to the industry’s dedication and innovation," said Ed Longanecker, president of TIPRO.

The report highlights the oil and gas industry’s success in lowering methane and flaring emissions over the last decade, even as production continues to rise amid a prioritization of energy and national security for the United States and its allies. 2023 results show a slight uptick in methane and flaring emissions in the Permian and Texas, due to a confluence of factors including record production, depressed Waha Hub prices and takeaway capacity constraints, yet overall emission reduction accomplishments remained. Preliminary 2024 data for the Permian points to a 14 percent reduction in flaring as the region remains dedicated to keeping emissions low.

"The increase in emissions from 2022 and 2023 points to an issue the industry has been advocating for years – new and modern infrastructure, specifically pipelines, is urgently needed to safely and efficiently transport energy and reduce flaring," Longanecker continued. "The oil and gas industry will continue to prioritize innovation and safety to drive emissions even lower, but a clear, predictable and permanent permitting process is critical to safeguarding responsible energy development for decades to come."

Key takeaways from the new report:

The Permian Basin reached one of its lowest methane intensity levels this decade in 2023, at 0.49 metric tons per barrel of oil equivalent (MT/boe). Since 2011, Permian methane intensity has declined nearly 83 percent, even as total production increased 482 percent in the same time frame.
Flaring intensity in the Permian Basin in 2023 was 65 percent lower than in 2015 – when flaring reached a decade high. 2023 saw a slight uptick in intensity compared to 2022 levels, due to a unique confluence of factors, including record oil and gas production, depressed Waha Hub prices, and takeaway capacity constraints, yet overall accomplishments in emission reductions remained.
Preliminary reporting indicates that the increases in Permian Basin flaring intensity in 2023 were likely an anomaly, with estimates showing a reduction of approximately 14 percent in 2024.
Texas' flaring intensity in 2023 declined 47 percent since its peak in 2018. Total statewide production has increased nearly 25 percent in that same time frame, with 2023 being the second-highest oil and gas production year on record in the Lone Star State, behind 2024’s record numbers.
The United States reached record levels of oil and natural gas production in 2023, increasing nearly 9 percent since 2022 while maintaining flaring intensity near its lowest levels since 2012 at 2 meters cubed per barrel of oil (m3/bbl).

To read the full report, click here.

Texas Upstream Employment Continues to Rise

Fri, 28 Mar 2025 14:00:00 GMT

Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing an increase in upstream employment in Texas in the month of February. According to TIPRO’s analysis, direct Texas upstream employment for February totaled 205,400, an increase of 1,900 industry positions from January employment numbers, subject to revisions. This represented an increase of 2,500 jobs in the services sector and decline of 600 jobs in oil and gas extraction.

TIPRO’s new workforce data indicated strong job postings for the Texas oil and natural gas industry. According to the association, there were 10,172 active unique jobs postings for the Texas oil and natural gas industry last month, including 3,337 new postings. In comparison, the state of California had 2,869 unique job postings in February, followed by New York (2,460), Florida (1,868) and Colorado (1,445). TIPRO reported a total of 52,993 unique job postings nationwide last month within the oil and natural gas sector.

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Gasoline Stations with Convenience Stores led in the ranking for unique job listings in February with 2,541 postings, followed by Support Activities for Oil and Gas Operations (2,389) and Petroleum Refineries (870). The leading three cities by total unique oil and natural gas job postings were Houston (2,368), Midland (669) and Odessa (449), said TIPRO.

The top three companies ranked by unique job postings in February were Cefco (927), Love’s (680) and John Wood Group (308), according to the association. Of the top ten companies listed by unique job postings last month, four companies were in the services sector, three in the gasoline stations with convenience stores category, two midstream companies and one oil and gas operator. Top posted industry occupations for February included first-line supervisors of retail sales workers (549), heavy and tractor-trailer truck drivers (419), and maintenance and repair workers (299). The top posted job titles for February included assistant store managers (193), customer service representatives (182), and maintenance people (123).

Top qualifications for unique job postings included valid driver’s license (1,677), commercial driver’s license (CDL) (344) and hazmat endorsement (203). TIPRO reports that 42 percent of unique job postings had no education requirement listed, 30 percent required a bachelor’s degree and 28 percent required a high school diploma or GED. There were 1,753 advertised salary observations (17 percent of the 10,172 matching postings) with a median salary of $62,300. The highest percentage of advertised salaries (27 percent) were in the $90,000 to $519,000 range.

Additional TIPRO workforce trends data:

· -A sample of industry job postings in Texas for February can be viewed here.

· -The top three posting sources in February included www.indeed.com (4,604), www.simplyhired.com (2,937) and www.dejobs.org (2,270).

In addition to industry employment growth, Texas’ role in the global LNG market has also grown substantially, with pipeline projects designed to support LNG exports to international allies. Several major pipeline expansions in 2024 added approximately 8.5 Bcf/d of capacity to deliver natural gas to LNG export terminals. The ADCC Pipeline, for instance, is transporting 1.7 Bcf/d to the Corpus Christi Stage 3 LNG project, while TC Energy’s Gillis Access pipeline is helping move 1.5 Bcf/d from Haynesville to Gulf Coast LNG terminals. These additions bolster America’s ability to supply affordable and reliable energy to partners in Europe and Asia, reducing dependency on adversarial energy suppliers.

“TIPRO appreciates the enormous contributions of the Texas oil and natural gas industry from an economic and energy security perspective. We will continue to engage in energy policy discussions at the state and federal level to support increasing levels of energy demand here and abroad. This includes more than 200 legislative proposals currently being considered in the Texas House and Senate of relevance to our industry,” said Ed Longanecker, president of TIPRO. “With the right policy in place, Texas will continue to lead by example,” concluded Longanecker.

Finally, earlier this month, TIPRO released the 10th edition of its State of Energy Report, the most comprehensive annual economic report for the U.S. oil and natural gas industry. Additional information can be found here.

TIPRO Releases “2025 State of Energy Report”

Mon, 03 Mar 2025 14:00:00 GMT

Austin, Texas – Today, the Texas Independent Producers & Royalty Owners Association (TIPRO) released the 10th edition of its “State of Energy Report,” offering a detailed analysis of national and state trends in oil and natural gas employment, wages and other key economic factors for the energy industry in 2024. TIPRO’s “State of Energy Report” series was developed to quantify and track the economic impact of the domestic oil and natural gas sector with an emphasis on the state of Texas.

According to TIPRO, the industry supported over 2 million direct jobs in the U.S. last year, with total direct and indirect jobs tied to the industry reaching nearly 23 million. The U.S. oil and natural gas sector paid a national annual wage averaging $81,808 and had a combined payroll of $168 billion. Total U.S. goods and services purchased in 2024 by the oil and natural gas industry exceeded $865 billion from over 900 business sectors, notes TIPRO. Direct Gross Regional Product (GRP) also surpassed $1 trillion last year.

In Texas, the oil and gas industry once again led the nation in industry employment last year, accounting for 23 percent of all oil and gas jobs in the nation, as outlined in the association’s new report. The industry supported a total of 480,460 direct jobs in Texas in 2024, a net increase of 10,613 positions, with total direct and indirect employment of 2.8 million. Total U.S. goods and services purchased by the Texas oil and natural gas industry reached $307 billion last year, 81 percent of which came from Texas businesses, benefiting virtually every business sector in the state. Direct GRP equaled $366 billion in 2024, supporting 15 percent of the state economy.

The Lone Star State again was the nation’s top oil producer, supplying a record 2 billion barrels of oil to energy markets in 2024, highlighted TIPRO. TIPRO reports that Texas also broke a new record in natural gas output last year with over 12.7 trillion cubic feet (Tcf) of gas produced. U.S. crude oil production averaged a record 13.2 million barrels per day (b/d) in 2024. Further, U.S. natural gas production in 2024 averaged a record 113 billion cubic feet per day (Bcf/d).

“Despite facing a number of unique challenges, the U.S. oil and gas industry continued to offer significant economic support in 2024, while providing reliable and affordable energy to meet growing domestic and global demand,” said T. Grant Johnson, chairman of TIPRO and president of Lone Star Production Company. “TIPRO looks forward to working with policymakers and officials at the state and federal level to unleash our nation’s full energy potential, with Texas continuing to lead the way,” added Johnson.

Geopolitical tensions around the world continued to be a prevalent issue with conflicts in the Middle East and Ukraine fostering uncertainty and volatility across global energy markets. In 2024, Europe accounted for 55 percent of total U.S. liquified natural gas (LNG) exports, while 34 percent of U.S. LNG went to Asia and 11 percent was sent to Latin America. Overall, U.S. LNG exports for the year reached 88.3 million metric tons – an increase from 2023 at 84.5 million metric tons.

American LNG, driven in large part by Texas natural gas production, continues to be an essential resource for our allies, as nations work to meet heightened energy demand while shifting away from their dependence on Russian energy supplies. In 2025, LNG exports are expected to average 14 billion Bcf/d, an increase from the previous year. With President Trump’s reversal of the Biden Administration’s pause on permits for LNG export terminals, the U.S. oil and gas industry can resume its role as a reliable trade partner to our nation’s allies. TIPRO remains optimistic about the Trump-Vance Administration and the continued support of U.S. energy. The growth of domestic natural gas markets is closely reflected in increased U.S. LNG exports as well. The capacity to export LNG competitively on the global markets hinges upon the ability to maintain and grow production of natural gas domestically.

“In 2024, increases in natural gas production were essential to fulfilling rising energy demand within the U.S.,” said Ed Longanecker, president of TIPRO. “Thanks to record production, driven primarily by the Permian’s improved well-productivity, domestic demand was met, and natural gas continued to supply affordable and reliable power. We applaud the Texas oil and natural gas industry and the policymakers that understand its importance,” added Longanecker.

Following another outstanding year, the U.S. Energy Information Administration’s (EIA) Short-Term Energy Outlook identified positive trends in 2025 for the United States oil and natural gas industry, including increases in production and consumption.

Additionally, Texas is experiencing a significant increase in electricity demand due to a surge in population and emerging industries such as data centers and artificial intelligence. By 2030, ERCOT anticipates that peak load could reach about 152 GW — almost doubling its historic record—posing both challenges and opportunities for the grid’s future stability and growth. Experts predict that ERCOT will continue to rely on natural gas’ share of electricity generation for load growth, accounting for approximately 30.3 percent of the grid’s total generation in 2025 and 33.9 percent of generation by 2030.

Given the U.S. power sector’s sustained reliance on natural gas for electricity generation, the occurrence of severe weather events that require dispatchable generation, and the electrification of our economy, natural gas is set to remain a critical energy resource for the power sector in the coming year, reinforced TIPRO.

What does Oil & Gas mean for Texas?

-Texas led the nation in oil and gas jobs with 480,460 people employed in this industry. 23 percent of all oil and gas jobs nationwide were located in Texas last year.
-When incorporating direct, indirect, and induced multipliers for oil and gas employment, the industry supported a total of 2,773,201 jobs in Texas last year.
-Total diversity percentage for the Texas oil and natural gas industry was 51 percent in 2024. 27 percent of Texas oil and gas workers were female, 34 percent of the positions were held by Hispanic or Latino workers, and 9 percent by Black or African American employees last year.
-Five percent of the workforce were between the ages of 22-24 years old, 21 percent were 25-34, 27 percent were 35-44, 22 percent were 45-54, 15 percent were 55-64 and 6 percent were 65 or older.
-The top five positions held by workers in the Texas oil and gas industry in 2024 were Cashiers (12.4 percent), General and Operations Managers (4.5 percent), Service Unit Operators, Oil and Gas (4.1 percent), Oil & Gas Roustabouts (3.9 percent), Heavy and Tractor-Trailer Truck Drivers (3.6 percent).
-Texas was the leading state by employment in 16 out of the 19 sectors used to define the oil and natural gas industry in 2024.
-Oil and gas jobs in Texas paid an annual average wage of $128,876, 74 percent more than all average private sector jobs in the state. The highest average industry wages were in Alaska last year ($146,664). Iowa had the lowest average oil and gas wages in the country ($35,265).
-Texas had the highest oil and gas payroll in the country in 2024 ($62 billion), with California coming in at a distant second ($15 billion), followed by Louisiana ($10 billion).
-Texas had the highest number of oil and gas businesses in the nation last year with 23,549, followed by California (9,486), Florida (7,695), Georgia (6,453) and New York (5,768).
-Oil production in Texas reached a new record of over 2 billion barrels in 2024. New Mexico had the second highest oil production with 737 million barrels, followed by North Dakota with 436 million barrels produced, subject to revisions.
-Texas led the country in natural gas production with a record 12.7 Tcf produced in 2024, followed by Pennsylvania with 7.3 Tcf.
-Texas had the highest rig count in the country in 2024 with an average of 290 active rigs. The number of rigs in Texas decreased from a high of 316 in January to 276 in December. New Mexico had the second highest average rig count (97) in the country last year.
-In 2024, direct Gross Regional Product for the Texas oil and natural gas industry was $366 billion. Once you incorporate the typical multiplier of 2.5x, the Texas oil and natural gas industry supported 38 percent of the Texas economy.
-The Texas oil and natural gas industry purchased U.S. goods and services in the amount of $307 billion, 81 percent of which came from Texas businesses.
-The Texas oil and natural gas industry paid a record $27.3 billion in state and local taxes and state royalties in Fiscal Year 2024.

The “State of Energy Report” series is published exclusively by TIPRO. A full list of the data sources used to develop this analysis can be viewed in the methodology section of the report.

Visit https://tipro.org/2025-state-of-energy/ to view TIPRO’s new “State of Energy Report.”

Texas Upstream Employment Declines in December, Following Six Months of Growth

Fri, 24 Jan 2025 14:00:00 GMT

Austin, Texas – Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decline in upstream employment in Texas in the month of December. According to TIPRO’s analysis, direct Texas upstream employment for December totaled 195,500, a decrease of 700 industry positions from November employment numbers, subject to revisions. This represented a decline of 500 jobs in Oil and Gas Extraction and 200 in the Services sector.

TIPRO also notes that BLS made a notable upward revision to previously reported CES estimates for upstream employment in November, now showing an increase of 300 industry jobs in November compared to October. Employment data for December represents a decline compared to updated November figures following six consecutive months of growth in Texas upstream employment following revisions.

TIPRO’s new workforce data still indicated strong job postings for the Texas oil and natural gas industry. According to the association, there were 9,012 active unique jobs postings for the Texas oil and natural gas industry last month, including 2,931 new postings. In comparison, the state of California had 3,221 unique job postings in December, followed by New York (2,318), Florida (1,627) and Colorado (1,493). TIPRO reported a total of 48,362 unique job postings nationwide last month within the oil and natural gas sector.

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Gasoline Stations with Convenience Stores led in the ranking for unique job listings in December with 2,291 postings, followed by Support Activities for Oil and Gas Operations (2,039) and Petroleum Refineries (657). The leading three cities by total unique oil and natural gas job postings were Houston (2,242), Midland (606) and Odessa (394), said TIPRO.

The top three companies ranked by unique job postings in December were Cefco (947), Love’s (646) and John Wood Group (262), according to the association. Of the top ten companies listed by unique job postings last month, five companies were in the services sector, two in the gasoline stations with convenience stores category, two midstream companies, and one oil and gas operator. Top posted industry occupations for December included first-line supervisors of retail sales workers (523), heavy and tractor-trailer truck drivers (268) and general maintenance and repair workers (262). The top posted job titles for December included assistant store managers (190), customer service representatives (180), and maintenance people (124).

Top qualifications for unique job postings included valid driver’s license (1,430), commercial driver’s license (CDL) (231) and transportation worker identification credential card (136). TIPRO reports that 41 percent of unique job postings had no education requirement listed, 33 percent required a bachelor’s degree and 27 percent required a high school diploma or GED. There were 1,439 advertised salary observations (16 percent of the 9,012 matching postings) with a median salary of $60,300. The highest percentage of advertised salaries (26 percent) were in the $90,000 to $519,000 range. The advertised salary trend showed an increase of 41.4 percent between January 2022 – December 2024.

Additional TIPRO workforce trends data:

– A sample of industry job postings in Texas for December 2024 can be viewed here.
– The top three posting sources in December included www.indeed.com (3,903), www.simplyhired.com (2,534) and www.dejobs.org (2,161).

TIPRO also highlights recent tax contributions by the oil and gas industry that support essential government coffers. In December, Texas energy producers paid $431 million in oil production taxes, according to data published by the Texas comptroller’s office. Producers last month also paid $214 million to the state in natural gas production taxes, up 25 percent from December 2023. Production taxes paid by the oil and natural gas industry are used to support major revenue streams for the state, including public education funding, the State Highway Fund, the Rainy Day Fund and other vital parts of the state budget.

Additionally, TIPRO points to new energy outlooks from the U.S. Energy Information Administration (EIA) showing more growth in liquids production in the U.S. for 2025. U.S. crude oil production is projected by the EIA to reach an all-time high this year, averaging 13.55 million barrels per day (b/d) in 2025 and then increasing slightly to 13.6 million b/d in 2026. Production growth will be driven by more output in the Permian Basin — the largest source of world crude oil production growth in the past 15 years. Domestic production of natural gas is also forecasted to go up this year. Higher prices and increased demand will boost natural gas drilling and production in the U.S. during 2025. According to the EIA, in 2025, the supply of natural gas, including both production and imports, will rise by 1.4 billion cubic feet per day (Bcf/d), while demand for natural gas, including domestic consumption and exports, rises by 3.2 Bcf/d.

This week, President Donald Trump also signed several energy-related executive orders. TIPRO expects additional policy measures will be implemented under the new administration to advance President Trump’s energy agenda. Energy-related executive orders include:

– Putting America First in International Environmental Agreements – The U.S. will withdraw from the Paris Climate Agreement as well as any other commitments made under the UNFCCC. The order also revokes the U.S. International Climate Finance Plan.
– Delivering Emergency Price Relief for American Families and Defeating the Cost-of-Living Crisis – This memorandum calls on heads of executive departments and agencies to provide emergency price relief including eliminating harmful, coercive “climate” policies that increase the costs of food and fuel as well as lowering the cost of housing and home appliances.
– Initial Rescissions of Harmful Executive Orders and Actions – This executive order revoked 78 memoranda and executive orders issued by former President Biden. Among these were executive orders that worked to reduce methane emissions in the oil and gas sector, achieve a “carbon pollution-free electricity sector by 2035,” withdrew millions of areas from offshore oil or gas leasing, set implementation priorities for IRA funding and set AI safety standards and protocols.
– Unleashing Alaska’s Extraordinary Resource Potential – This executive order promotes oil and gas activities in Alaska by easing restrictions for drilling on federal and state land, expediting the permitting process and prioritizing LNG development.
– Temporary Withdrawal of All Areas on the Outer Continental Shelf (OCS) from Offshore Wind Leasing and Review of the Federal Government’s Leasing and Permitting – This executive order withdraws disposition for wind energy leasing within the OCS because of impacts on marine life, ocean currents, and energy costs. The Interior Department will also conduct a review of the ecological, economic, and environmental “necessity of terminating or amending any existing wind energy leases.”
– Declaring a National Energy Emergency – This executive order calls on agencies to use emergency authorities to facilitate “leasing, siting, production, transportation, refining, and generation of domestic energy sources.” In particular, the EPA will consider emergency fuel waivers to allow for year-round E15 gasoline sales and agencies will expedite construction of energy infrastructure. The general permitting process will likely be made easier and more efficient under the name of a national emergency, with a focus on building out energy infrastructure to more efficiently supply the entire country.
– Unleashing American Energy – This executive order encourages: energy exploration and production on federal lands and waters; promotes critical minerals production; eliminates the Biden Administration’s strongest tailpipe emissions rules that had the same impact as an EV mandate; eliminates any other attempts to institute an EV mandate; attempts to overturn the Biden Administration’s recent offshore drilling ban; promotes increased energy production for energy reliability; differentiates between global rules and regulations and domestic, “in order to promote sound regulatory decision making;” and revokes orders from the former president related to climate change that place an undue burden on domestic fossil fuel production.

“Our industry looks forward to returning to some level normalcy from a federal policy perspective under the new administration, including supporting the expedited expansion of energy infrastructure,” said Ed Longanecker, president of TIPRO. “Demand for reliable and affordable energy will increase exponentially in the coming years and Texas producers will rise to meet that challenge in a new era of American energy dominance,” concluded Longanecker.

Texas Upstream Employment Grows in November

Fri, 20 Dec 2024 14:00:00 GMT

Austin, Texas – Citing the revised Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) highlights employment figures showing a rise in upstream employment in Texas in the month of November. According to TIPRO’s analysis, direct Texas upstream employment for November totaled 196,200, subject to revisions.

TIPRO’s new workforce data yet again indicated strong job postings for the Texas oil and natural gas industry. According to the association, there were 10,157 active unique jobs postings for the Texas oil and natural gas industry last month, including 3,047 new postings. In comparison, the state of California had 3,476 unique job postings in November, followed by New York (2,530), Florida (1,784), Pennsylvania (1,340) and Oklahoma (1,521). TIPRO reported a total of 51,420 unique job postings nationwide last month within the oil and natural gas sector.

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Gasoline Stations with Convenience Stores led in the ranking for unique job listings in November with 2,563 postings, followed by Support Activities for Oil and Gas Operations (2,319) and Crude Petroleum Extraction (690). The leading three cities by total unique oil and natural gas job postings were Houston (2,538), Midland (717) and Odessa (396), said TIPRO.

The top three companies ranked by unique job postings in November were Cefco (1,218), Love’s (634) and John Wood Group (329), according to the association. Of the top ten companies listed by unique job postings last month, five companies were in the services sector, two in the gasoline stations with convenience stores category, two midstream companies, and one oil and gas operator. Top posted industry occupations for November included first-line supervisors of retail sales workers (626), general maintenance and repair workers (302) and customer service representatives (283). The top posted job titles for November included customer service representatives (245), store managers (245), and maintenance people (181).

Top qualifications for unique job postings included valid Driver’s License (1,692), Commercial Driver’s License (CDL) (278) and Transportation Worker Identification Credential Card (181). TIPRO reports that 41 percent of unique job postings had no education requirement listed, 34 percent required a bachelor’s degree and 26 percent required a high school diploma or GED. There were 1,666 advertised salary observations (16 percent of the 10,157 matching postings) with a median salary of $62,300. The highest percentage of advertised salaries (26 percent) were in the $90,000 to $519,000 range.

Additional TIPRO workforce trends data:

– A sample of industry job postings in Texas for November 2024 can be viewed here.
– The top three posting sources in November included www.indeed.com (4,247), www.simplyhired.com (2,715) and www.dejobs.org (2,278).

TIPRO also highlights tax contributions by the oil and gas industry for essential government coffers. In November, Texas energy producers paid $488 million in oil production taxes, according to recent data released by the Texas comptroller’s office. Producers last month also paid $157 million to the state in natural gas production taxes. Production taxes paid by the oil and natural gas industry are used to support major revenue streams for the state, including public education funding, the State Highway Fund, the Rainy Day Fund and other vital parts of the state budget.

Looking to the new year, TIPRO notes new production forecasts by the U.S. Energy Information Administration (EIA) showing sustained growth in U.S. crude oil production for 2025. U.S. crude oil production next year is projected to average 13.5 million barrels per day (b/d). This will follow record-breaking production in August, when an average of 13.4 million b/d of crude oil was produced in the United States. Domestic production of natural gas is also forecasted to go up in the next year, driven by higher output from the Permian Basin. Higher prices and increased demand from nearby new liquefied natural gas (LNG) export projects that will be ramping up production are expected to help support and boost the production of natural gas in 2025.

A long-awaited study by the U.S. Department of Energy (DOE) was released this week examining the impact of U.S. LNG exports. While Energy Secretary Jennifer Granholm states the agency’s assessment “reinforces that a business as usual approach is neither sustainable nor advisable,” there’s a multitude of inaccuracies that skew DOE’s synopsis of the LNG industry. Texans for Natural Gas (TNG), a TIPRO education campaign, has reported on LNG export trends and the many positive contributions over the years. “Business as usual” for Texas’ LNG industry has spurred economic growth and infrastructural development at home while simultaneously supporting affordable and reliable energy access for global allies. DOE’s study reaffirms the Biden Administration’s track record of politics over providing a secure energy future.

TIPRO also has voiced disappointment over the many unsuccessful attempts to pass the Energy Permitting Reform Act of 2024 (EPRA) in Congress. In the U.S., gaining permits to build energy infrastructure and connecting it to the electric grid is harder today than at any point in recent memory. Projects built between 2018 and 2022 face an average wait time of four years before they can connect to the grid, up from less than two years for projects built between 2000 and 2007. Unclear and overlapping mandates, poor coordination among federal agencies and unnecessarily long timelines are just some of the many hurdles energy projects face in development.

TIPRO says permitting reform has fallen out of consideration for the Continuing Resolution (CR). With a Republican-controlled House and Senate, policymakers will likely revamp their strategy in the Spring and TIPRO remains hopeful that these challenges will be adequately addressed in the near-term.

“The continued success of the U.S. oil and natural gas industry relies heavily on providing a stable regulatory environment for domestic production and the build out of energy infrastructure,” said Ed Longanecker, president of TIPRO. “Despite facing numerous challenges in recent years from a policy standpoint, our industry has managed to overcome many obstacles to continue providing affordable and reliable energy in order to meet growing global demand. The impact of those policies vary greatly within our industry, however, and TIPRO looks forward to working with the new administration to unleash the true potential of the U.S. oil and gas industry and will advocate accordingly on behalf of our members,” concluded Longanecker.

TIPRO Reports Fifth Consecutive Month of Texas Upstream Job Growth

Fri, 15 Nov 2024 14:30:00 GMT

Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing the fifth consecutive month of growth in upstream employment in Texas in the month of October 2024. According to TIPRO’s analysis, direct Texas upstream employment for October totaled 196,100, an increase of 1,400 industry jobs from revised September employment numbers. All gains in upstream employment occurred in the services sector last month, while oil and gas extraction jobs remained unchanged.

TIPRO’s new workforce data yet again indicated strong job postings for the Texas oil and natural gas industry. According to the association, there were 11,703 active unique jobs postings for the Texas oil and natural gas industry last month, including 4,678 new postings. In comparison, the state of California had 3,619 unique job postings in October, followed by New York (2,435), Florida (2,064), Pennsylvania (1,612) and Oklahoma (1,521). TIPRO reported a total of 56,043 unique job postings nationwide last month within the oil and natural gas sector.

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Gasoline Stations with Convenience Stores led in the ranking for unique job listings in October with 2,700 postings, followed by Support Activities for Oil and Gas Operations (2,644) and Crude Petroleum Extraction (917). The leading three cities by total unique oil and natural gas job postings were Houston (3,059), Midland (837) and Odessa (421), said TIPRO.

The top three companies ranked by unique job postings in October were Cefco (1,120), Love’s (651) and John Wood Group (401), according to the association. Of the top ten companies listed by unique job postings last month, four companies were in the services sector, two in the gasoline stations with convenience stores category, two midstream companies, one upstream company and one in the downstream sector. Top posted industry occupations for October included first-line supervisors of retail sales workers (627), general maintenance and repair workers (402) and heavy and tractor-trailer truck drivers (305). The top posted job titles for October included assistant store managers (228), customer service representatives (202) and maintenance people (141).

Top qualifications for unique job postings included Valid Driver’s License (2,054), Commercial Driver's License (CDL) (276) and Transportation Worker Identification Credential Card (214). TIPRO reports that 39 percent of unique job postings had no education requirement listed, 34 percent required a bachelor’s degree and 27 percent required a high school diploma or GED. There were 2,220 advertised salary observations (19 percent of the 11,703 matching postings) with a median salary of $62,600. The highest percentage of advertised salaries (21 percent) were in the $100,000 to $519,000 range.

Additional TIPRO workforce trends data:

A sample of industry job postings in Texas for October 2024 can be viewed here.
The top three posting sources in October included www.indeed.com (4,781), www.simplyhired.com (3,035) and www.dejobs.org (2,372).

Additionally, tax contributions from the Texas oil and gas industry last month continued to provide essential funding for government coffers, noted TIPRO. In October, Texas producers paid $436 million in oil production taxes, according to recent data released by the Texas comptroller’s office. Energy producers last month also paid a total of $182 million to the state in natural gas production taxes. Production taxes paid by the oil and natural gas industry are used to support major revenue streams for the state, including public education funding, the State Highway Fund, the Rainy Day Fund and other vital parts of the state budget.

TIPROalso highlights new production forecasts showing more growth in domestic crude oil and natural gas output in the upcoming year. The U.S. Energy Information Administration (EIA) in its NovemberShort-Term Energy Outlook projects U.S. crude oil production will rise to 13.53million barrels per day (b/d) in 2025, a record high, while marketed natural gas production in the U.S. is expected to increase to an average of 114 billion cubic feet per day (Bcf/d) next year, an increase of 1 percent from this year’s annual average, led by a 6 percent increase in production in the Permian Basin and a 5 percent increase in the Eagle Ford Shale compared with 2024.

“Given the outcome of the elections, TIPRO looks forward to working with the new administration, incumbents and newly elected officials at the state level in Texas to reinforce the importance of domestic oil and natural gas production,” said Ed Longanecker, president of TIPRO. “While it may be a lengthy process, we look forward to returning to some level of normalcy from an energy regulatory standpoint, which will bring tremendous benefit to our state, country and industry,” added Longanecker.

Texas Independent Producers & Royalty Owners Association to Open Nasdaq Stock Market

Tue, 05 Nov 2024 15:00:00 GMT

Austin, Texas - To highlight the unprecedented contributions of the Texas oil and natural gas industry from an economic and energy security perspective, the Texas Independent Producers & Royalty Owners Association (TIPRO) and member executives will open the Nasdaq Stock Market in New York City on Wednesday, November 6, 2024.

“Texas continues to break production records thanks to our abundant resources, pro-business environment and the hundreds of thousands of men and women that make that reality possible day in and day out,” commented Grant Johnson, chairman of TIPRO and president of Lone Star Production Company. “TIPRO is honored to showcase our members, association and industry on Nasdaq’s global platform,” affirmed Johnson.

“The hardworking men and women of the energy sector are the lifeblood of our economy,” said Texas Governor Greg Abbott. “Thanks to our oil and gas industry, Texas leads the nation in energy production and provides nearly 25 percent of the country’s domestically produced energy. I congratulate TIPRO on ringing the Nasdaq opening bell, and I thank them for their continued work to propel Texas’ robust energy industry on the global stage. As the energy capital of the world, Texas will always fight for our oil and gas producers and the hundreds of thousands of Texans they employ.”

TIPRO’s opening bell ceremony is the fourth time the association has participated in a Nasdaq market event to promote the Texas oil and natural gas industry on the global platform. The event serves as an example of TIPRO’s comprehensive industry communication strategy to educate the general public about the importance of domestic production to meet growing energy demand and the many other contributions provided by the industry.

The state of Texas continues to lead the country in all aspects of the energy sector. In 2023, the Texas oil and natural gas industry supported 2.9 million direct and indirect jobs and the nation’s highest number of related businesses (23,315) than any other state. Last year, the direct Gross Regional Product for the Texas oil and natural gas industry was $381 billion, and these Texas businesses purchased U.S. goods and services in the amount of $288 billion supporting virtually every industry sector in the state. Additional details about the economic impact of the U.S. and Texas oil and natural gas industry can be found in TIPRO’s 2024 State of Energy Report here.

“As the leading statewide association representing the upstream sector in Texas, TIPRO remains focused on promoting the unmatched economic impact of our industry and advancing policies that support the responsible development of oil and natural gas and our ability to fully capitalize on these extraordinary resources,” said Ed Longanecker, president of TIPRO. “We are pleased to return to Nasdaq to promote and celebrate American energy security, fueled in large part by the great state of Texas,” added Longanecker.

“TIPRO is an important voice in the Texas energy industry, and we are proud to welcome the association and its executive members back to MarketSite to ring the bell for the fourth time. This is a testament to the strong relationship between Nasdaq and the oil and gas industry in the state of Texas which we have built over the long term,” said Rachel Racz, senior vice president, head of listings for Texas, Southern U.S. and Latin America at Nasdaq. “We look forward to the future as we continue to build our team and invest in our relationships in the region, including our decade-long one with TIPRO.”

The TIPRO-Nasdaq opening bell ceremony can be viewed live starting at 8:20 a.m. Central Time on Wednesday, November 6, 2024. To watch the event online, visit: https://www.nasdaq.com/marketsite/bell-ringing-ceremony.

TIPRO Reports Texas Upstream Job Growth and Rising Domestic Production Outlook

Fri, 18 Oct 2024 15:00:00 GMT

Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing the fourth consecutive month of growth in upstream employment in Texas in the month of September 2024. According to TIPRO’s analysis, direct Texas upstream employment for September totaled 195,400, an increase of 800 industry jobs from revised August employment numbers. The Texas upstream employment data represents a decrease of 900 jobs in oil and gas extraction and an increase of 1,700 positions in the services sector last month.

TIPRO’s new workforce data yet again indicated strong job postings for the Texas oil and natural gas industry. According to the association, there were 11,970 active unique jobs postings for the Texas oil and natural gas industry last month, an increase of 147 posted employment opportunities compared to August and 4,623 new job postings added during the month by companies. In comparison, the state of California had 4,008 unique job postings in September, followed by Florida (1,984), New York (1,910), Pennsylvania (1,658) and Oklahoma (1,528). TIPRO reported a total of 56,563 unique job postings nationwide last month within the oil and natural gas sector.

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Gasoline Stations with Convenience Stores led in the ranking for unique job listings in September with 2,933 postings, followed by Support Activities for Oil and Gas Operations (2,539) and Crude Petroleum Extraction (1,160). The leading three cities by total unique oil and natural gas job postings were Houston (3,019), Midland (843) and Odessa (431), said TIPRO.

The top three companies ranked by unique job postings in September were Cefco (1,173), Love’s (676) and Energy Transfer (427), according to the association. Of the top ten companies listed by unique job postings last month, four companies were in the services sector, three in the gasoline stations with convenience stores category, two midstream companies and one upstream company. Top posted industry occupations for September included first-line supervisors of retail sales workers (689), general maintenance and repair workers (402) and heavy and tractor-trailer truck drivers (386). The top posted job titles for September included assistant store managers (274), customer service representatives (233) and maintenance people (176).

Top qualifications for unique job postings included Valid Driver’s License (1,969), Commercial Driver's License (CDL) (274) and Transportation Worker Identification Credential Card (222). TIPRO reports that 40 percent of unique job postings had no education requirement listed, 34 percent required a bachelor’s degree and 28 percent required a high school diploma or GED. There were 2,219 advertised salary observations (19 percent of the 11,970 matching postings) with a median salary of $65,900. The highest percentage of advertised salaries (25 percent) were in the $100,000 to $500,000 range.

Additional TIPRO workforce trends data:

A sample of 500 industry job postings in Texas for September 2024 can be viewed here.
The top three posting sources in September included www.indeed.com (4,563), www.simplyhired.com (2,899) and www.dejobs.org (1,888).

TIPRO also highlights tax contributions by the oil and gas industry for essential government coffers. In September, Texas energy producers paid $516 million in oil production taxes, according to recent data released by the Texas comptroller’s office. Producers last month also paid a total of nearly $200 million to the state in natural gas production taxes. Production taxes paid by the oil and natural gas industry are used to support major revenue streams for the state, including public education funding, the State Highway Fund, the Rainy Day Fund and other vital parts of the state budget.

Additionally, TIPRO draws attention to new federal production forecasts showing more growth in domestic crude oil and natural gas output in the next year. The U.S. Energy Information Administration (EIA) in its latest Short-Term Energy Outlook has projected U.S. crude oil production will rise to 13.5 million barrels per day (b/d) in 2025, a record high, while marketed natural gas production is expected to increase to an average of 113.4 billion cubic feet per day (Bcf/d) next year. Much of the forecast growth in oil and natural gas production will be driven by productivity gains in the Permian Basin. In the Permian, specifically, the EIA has estimated crude oil production will top 6.6 million b/d and marketed natural gas production will average 25.8 Bcf/d in 2025.

“Rising upstream employment and a record production forecast mean one thing, the world needs more oil and natural gas to meet growing energy demand and Texans are more than willing to accommodate,” said Ed Longanecker, president of TIPRO. “Our state is blessed with an abundance of oil and natural gas and the most pro-business environment in the country, and we must keep it that way. As we approach the conclusion of another consequential election cycle, we encourage all Texans to do their due diligence and vote for candidates that support economic prosperity and energy security for our state and country,” added Longanecker.

TIPRO Reports New Oil and Natural Gas Employment and Production Data

Wed, 12 Jun 2024 15:00:00 GMT

Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decline in upstream employment for the month of May 2024. According to TIPRO’s analysis, direct Texas upstream employment for May totaled 191,400, representing a decrease of 2,000 jobs from April employment numbers. Oil and gas extraction jobs in Texas increased by 400 last month, while support activities fell by 2,400.

Though overall employment for the state’s upstream sector was down in the month of May, TIPRO’s new workforce data yet again indicated strong job postings for the Texas oil and natural gas industry. According to the association, there were 11,015 active unique jobs postings for the Texas oil and natural gas industry last month, including 4,170 new job postings added during the month by companies. In comparison, the state of California had 3,833 unique job postings last month, followed by Florida (1,973), New York (1,672), Louisiana (1,435) and Pennsylvania (1,335). TIPRO reported a total of 52,329 unique job postings nationwide last month within the oil and natural gas sector.

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Gasoline Stations with Convenience Stores led in the ranking for unique job listings in May with 2,529 postings, followed by Support Activities for Oil and Gas Operations (2,459) and Crude Petroleum Extraction (934). The leading three cities by total unique oil and natural gas job postings were Houston (3,398), Midland (763) and Odessa (476), said TIPRO.

The top three companies ranked by unique job postings in May were Cefco (1,224), Baker Hughes (604), and Love’s (411), according to the association. Of the top ten companies listed by unique job postings last month, five companies were in the services sector, followed by two in the gasoline stations with convenience stores category, two midstream companies and one upstream company. Top posted industry occupations for May included first-line supervisors of retail sales workers (629), heavy tractor-trailer truck drivers (367), and retail salespersons (349). The top posted job titles for May included store managers (240), customer service representatives (227) and maintenance people (143).

Top qualifications for unique job postings included valid driver’s license (1,726), CDL Class A License (239) and commercial driver's license (CDL) (206). TIPRO reports that 40 percent of unique job postings had no education requirement listed, 34 percent required a bachelor’s degree and 28 percent required a high school diploma or GED. There were 2,065 advertised salary observations (19 percent of the 11,015 matching postings) with a median salary of $62,300. The highest percentage of advertised salaries (31 percent) were in the $90,000 to $500,000 range.

Additional TIPRO workforce trends data:

A sample of 500 industry job postings in Texas for May 2024 can be viewed here.
The top three posting sources in May included www.indeed.com (5,210), www.simplyhired.com (3,153) and www.dejobs.org (1,384).

TIPRO also highlights recent data released from the Texas comptroller’s office showing significant tax contributions provided by the Texas oil and natural gas industry during the month of May. Texas energy producers last month paid $556 million in oil production taxes, up from the prior month and 12 percent higher than amounts paid a year ago in May 2023. Producers in May also contributed an additional $180 million in revenue from natural gas production taxes. Revenue collected from oil and natural gas severance taxes is used help to support and pay for important public services across the Lone Star State, including road and infrastructure investments, water conservation projects, schools and education, first responders and more.

Additionally, TIPRO notes new projections for oil and natural gas production in the Permian Basin and Eagle Ford Shale. New data recently released by the U.S. Energy Information Administration (EIA) forecasts crude oil production in the Permian Basin to average about 6.3 million barrels per day (b/d) in 2024, an increase of nearly 8 percent from 2023, then surge to 6.8 million b/d in 2025. The Permian Basin, mostly located in Texas, accounts for nearly half of U.S. crude oil production, and in its June Short-Term Energy Outlook (STEO), the EIA said that higher production in the Permian and other drilling regions will drive U.S. oil production to achieve successive records in 2024 and 2025. Figures published June 11^th by the EIA also show oil production in the Eagle Ford will hover near 1.08 million b/d this year, then grow further in 2025. Meanwhile, market conditions and lower commodity prices will continue to impact drilling and production of natural gas, though natural gas output is forecasted to increase in the Permian and Eagle Ford regions this year, said the EIA, while declining in the other major producing regions.

Also this week, Texans for Natural Gas (TNG), an educational campaign managed by TIPRO, released a new report titled "Texas Grid Security: Natural Gas Critical for Reliability With Increasing Electricity Demand." The report highlights the vital role natural gas will play in supporting the state’s growing need for reliable and affordable power.

“Aside from the immense economic contributions provided by our industry, the role of natural gas in meeting growing electricity demand in our state has never been more critical,” said Ed Longanecker, president of TIPRO. “Natural gas will continue to play a dominant role in providing a reliable baseload supply for decades to come. Further investment in domestic production, infrastructure and natural gas power generation will be essential to meet this demand,” added Longanecker.

To read the full report, click here.

Texas Oil and Natural Gas Production Increases as Geopolitical Conflicts Escalate

Fri, 19 Apr 2024 15:30:24 GMT

TIPRO’s new employment data yet again indicated strong job postings for the Texas oil and natural gas industry during the month of March. According to the association, there were 11,524 active unique jobs postings for the Texas oil and natural gas industry last month, including 3,839 new job postings added during the month by companies. In comparison, the state of California had 4,394 unique job postings last month, followed by New York (2,382), Florida (2,311), Louisiana (1,942) and Pennsylvania (1,751). TIPRO reported a total of 63,330 unique job postings nationwide last month within the oil and natural gas sector.

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations led in the ranking for unique job listings in March with 2,805 postings, followed by Gasoline Stations with Convenience Stores (2,525) and Crude Petroleum Extraction (993). The leading three cities by total unique oil and natural gas job postings were Houston (3,290), Midland (886) and Odessa (527), said TIPRO.

The top three companies ranked by unique job postings in March were Cefco (1,087), Love’s (551) and Zachry Brands (390), according to TIPRO. Of the top ten companies listed by unique job postings last month, six companies were in the services sector, followed by two in the gasoline stations with convenience stores category and two midstream companies. Top posted industry occupations for March included first-line supervisors of retail sales workers (680), maintenance and repair workers (537) and heavy tractor-trailer truck drivers (364). The top posted job titles for March included store managers (221), customer service representatives (203), and maintenance people (128).

Top qualifications for unique job postings included valid driver’s license (1,609), CDL Class A License (215), and commercial driver's license (CDL) (169). TIPRO reports that 38 percent of unique job postings had no education requirement listed, 34 percent required a bachelor’s degree and 30 percent required a high school diploma or GED. There were 1,903 advertised salary observations (17 percent of the 11,524 matching postings) with a median salary of $55,200. The highest percentage of advertised salaries (28 percent) were in the $85,000 to $500,000 range. TIPRO also notes that the average annual wage was $124,453 in 2023, as referenced in TIPRO’s 2024 State of Energy Report.

Additional TIPRO workforce trends data:

A sample of 500 industry job postings in Texas for March 2024 can be viewed here.
The top three posting sources in March included www.indeed.com (5,995), www.simplyhired.com (3,740) and www.dejobs.org (1,754).

TIPRO also highlights recent data released from the Texas comptroller’s office showing gains for the month of March in tax contributions provided by the Texas oil and natural gas industry. Texas energy producers last month paid $473 million in oil production taxes, up from the prior month and 11 percent higher than amounts paid in March 2023. Producers in March also contributed $212 million in natural gas production taxes, exceeding collections from February of this year. Oil and natural 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.

TIPRO noted that following record production last year, oil output is expected to continue to increase in May. The U.S. Energy Information Administration (EIA) said this week in its latest Drilling Productivity Report that oil production in the Permian Basin will rise next month by 12,000 barrels per day (bpd) to reach 6.17 million bpd. In the Eagle Ford Shale, oil output is set to grow by about 5,000 bpd to top 1.16 million bpd, according to the EIA. Overall, total oil production in the nation's biggest shale basins will increase by nearly 16,000 bpd to total 9.8 million bpd in May. Pricing conditions for natural gas, meanwhile, will continue to impact production levels in the U.S. Total natural gas output is likely to slide in May in the biggest shale gas formations to 99.94 billion cubic feet per day (bcfd), down from 100.2 bcfd produced in April, said the EIA in its report. Though nationally natural gas output will be lower, in the Permian, natural gas production is forecasted to climb to 25.24 bcfd, up from 25.1 bcfd that will be produced in April.

“As demand for oil and natural gas expands globally, and geopolitical conflicts escalate, Texas continues to play an outsized role in providing energy to fuel our economy, support our allies and protect our national security,” said Ed Longanecker, president of TIPRO. “Unfortunately, politically motivated actions targeting domestic oil and natural gas producers at the federal level not only threaten millions of Americans employed by our industry, but the very energy source that fuels our modern society. While these policies might appease environmental activists, the consequences are potentially severe, driving higher costs for consumers, fueling inflation, and ceding America’s energy dominance to rogue states with poor environmental and humanitarian track records. Texas operators remain committed to producing energy in a responsible manner and supporting sound energy policy at all levels of government,” concluded Longanecker.

TIPRO Releases Annual “State of Energy Report” Texas Oil and Natural Gas Industry Breaks New Records in 2023

Thu, 21 Mar 2024 17:09:10 GMT

The Texas Independent Producers & Royalty Owners Association (TIPRO) today released the ninth edition of its “State of Energy Report,” offering a detailed analysis of national and state trends in oil and natural gas employment, wages and other key economic factors for the energy industry in 2023. TIPRO’s “State of Energy Report” series was developed to quantify and track the economic impact of the domestic oil and natural gas sector with an emphasis on the state of Texas.

“Despite facing a number of unique challenges, including geopolitical conflicts and an adversarial federal policy environment, the U.S. oil and gas industry continued to offer significant economic support in 2023, while providing reliable and affordable energy to meet growing domestic and global demand,” said Jud Walker, chairman of TIPRO and president and CEO of EnerVest, Ltd. “TIPRO’s comprehensive annual analysis illustrates the immense contributions provided by the Texas oil and natural gas industry from an economic and national security perspective,” added Walker.

According to TIPRO, the industry supported a total of 2 million direct jobs in the U.S. last year, with total direct and indirect jobs tied to the industry exceeding 24million. The U.S. oil and natural gas sector paid a national annual wage averaging $79,417 and had a combined payroll of $162 billion. Direct Gross Regional Product (GRP) also surpassed $1 trillion in 2023.Additionally, total U.S. goods and services purchased in 2023 by the oil and natural gas industry exceeded $882 billion from over 900 business sectors, notes TIPRO.

In Texas, the oil and gas industry once again led the nation in industry employment last year, accounting for 23 percent of all oil and gas jobs in the nation, as outlined in the association’s new report. The industry supported a total of 471,631 direct jobs in Texas in 2023, with total direct and indirect employment of 2.9million. Direct GRP for Texas oil and gas equaled an estimated $364 billion in 2023. Total U.S. goods and services purchased by the Texas oil and natural gas industry reached $288 billion last year, 83percent of which came from Texas businesses, benefiting virtually every business sector in the state.

The Lone Star State again was the nation's top oil producer, supplying a record 1.99 billion barrels of oil to energy markets in 2023. TIPRO reports that Texas also broke a new record in natural gas output with over 12.2 trillion cubic feet (Tcf) of gas produced. Texas productionis helping to change the world by providing access to this foundational, low-carbon fuel source. Last year saw a record-breaking number of exports, with large volumes expected to continue as additional terminals come online and demand for the fuel remains high amid geopolitical tensions.

U.S. crude production, including condensate, averaged 12.9 million barrels per day (b/d), breaking the previous U.S. and global production record of 12.2 million (b/d). Monthly production established a new record, hitting an all-time high in December with more than 13.3 million b/d. U.S. natural gas production averaged a record 104 billion cubic feet per day (Bcf/d) last year, a 4% increase from the 2022 annual average.

“The Texas oil and natural gas industry remains a cornerstone of the Texas and U.S. economy, and a critical source of energy security for our country and allies abroad,” said Ed Longanecker, president of TIPRO. “We applaud the immense contributions provided by the Texas oil and natural gas industry and the policymakers that understand its importance,” added Longanecker.

What does Oil & Gas mean for Texas?

Texas led the nation in oil and gas jobs with 471,631 people employed in this industry. 23 percent of all oil and gas jobs nationwide were located in Texas last year.
When incorporating direct, indirect, and induced multipliers for oil and gas employment, the industry supported a total of 2.9 million jobs in Texas last year.
Four percent of the Texas workforce were between the ages of 22-24 years old, 21 percent were 25-34, 27 percent were 35-44, 22 percent were 45-54, 16 percent were 55-64 and 5 percent were 65 or older.
Texas was the leading state by employment in 15 out of the 19 sectors used to define the oil and natural gas industry in 2023.
Oil and gas jobs in Texas paid an annual average wage of $124,453, 74 percent more than all average private sector jobs in the state. The highest average industry wages were in Alaska last year ($143,421). Iowa had the lowest average oil and gas wages in the country ($33,292).
Texas had the highest oil and gas payroll in the country in 2023 ($59 billion), with California coming in at a distant second ($14 billion), followed by Louisiana ($9 billion).
Texas had the largest number of oil and gas businesses in the nation last year with 23,315, followed by California (9,328), Florida (7,634), Georgia (6,310) and New York (5,801).
Oil production in Texas was 1.99 billion barrels in 2023, a new record. New Mexico had the second highest oil production with 662 million barrels, followed by North Dakota with 433 million barrels produced. Permian operators were largely responsible for these numbers, producing a record 6.1 million b/d by the end of 2023.
Texas led the country in natural gas production with a record 12.2 Tcf produced in 2023, followed by Pennsylvania with 7.6 Tcf.
Texas had the highest rig count in the country in 2023 with an average of 356 active rigs. The number of rigs in Texas decreased from a high of 428 in January to 314 in December. New Mexico had the second highest rig count in the country and experienced a drop of seven rigs in the same timeframe.
In 2023, total direct GRP for the Texas oil and natural gas industry was an estimated $364 billion. Once you incorporate the typical multiplier for GRP, the Texas oil and natural gas industry supported approximately 35 percent of the Texas economy.
The Texas oil and natural gas industry purchased U.S. goods and services in the amount of $288 billion, 83 percent of which came from Texas businesses.
The Texas oil and natural gas industry paid a record $26.3 billion in state and local taxes and state royalties in Fiscal Year 2023.

The “State of Energy Report” series is published exclusively by TIPRO. A full list of the data sources used to develop this analysis can be viewed in the methodology section of the report.

Visit https://tipro.org/tipro-energy-report-2024/ to view TIPRO’s new "State of Energy Report."

Texas Upstream Employment, Permian Production and Energy Infrastructure Expand

Fri, 19 Jan 2024 14:30:00 GMT

Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing an increase in upstream employment for the month of December 2023. According to TIPRO’s analysis, direct Texas upstream employment for December totaled 211,700, an increase of 3,100 jobs from revised November employment numbers. Texas upstream employment in December 2023 represented the addition of 15,300 positions compared to December 2022, including an increase of 2,000 jobs in oil and natural gas extraction and 13,300 jobs in the services sector.

TIPRO’s new employment data yet again indicated strong job postings for the Texas oil and natural gas industry during the month of December. According to the association, there were 10,928 active unique jobs postings for the Texas oil and natural gas industry in December, including 3,622 new job postings added during the month by companies. In comparison, the state of California had 2,970 unique job postings last month, followed by Louisiana (1,680), Oklahoma (1,406), and Pennsylvania (1,349). TIPRO reported a total of 49,895 unique job postings nationwide last month within the oil and natural gas sector.

Among the 17 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Gasoline Stations with Convenience Stores led in the ranking for unique job listings in December with 2,962 postings, followed by Support Activities for Oil and Gas Operations (2,532), and Crude Petroleum Extraction (1,010). The leading three cities by total unique oil and natural gas job postings were Houston (2,881), Midland (815) and Odessa (488), said TIPRO.

The top three companies ranked by unique job postings in December were Cefco (1,148), Love’s (780), and Zachry Brands (581), according to TIPRO. Of the top ten companies listed by unique job postings last month, six companies were in the services sector, followed by two in the gasoline stations with convenience stores category, one midstream company, and one in oil and natural gas extraction. Top posted industry occupations for December included first-line supervisors of retail sales workers (771), maintenance and repair workers (542) and heavy tractor-trailer truck drivers (333). The top posted job titles for December included store managers (260), customer service representatives (197), and maintenance people (142).

Top qualifications for unique job postings included valid driver’s license (1,333), commercial driver's license (CDL) (189), and National Center for Construction Education & Research Certification (156). TIPRO reports that 41 percent of unique job postings had no education requirement listed, 33 percent required a bachelor’s degree, and 28 percent required a high school diploma or GED. There were 1,391 advertised salary observations (13 percent of the 10,928 matching postings) with a median salary of $58,200. The highest percentage of advertised salaries (26 percent) were in the $90,000 to $500,000 range. TIPRO also notes that the average annual wage of $122,000 in 2023 for all Texas oil and natural gas industry sectors has increased by 17 percent since 2013.

Additional TIPRO workforce trends data:

A sample of 500 industry job postings in Texas for December 2023 can be viewed here.
The top three posting sources in December included www.indeed.com (4,770), www.simplyhired.com (2,567) and www.dayforcehcm.com (1,271).
Average annual wages for the Texas oil and natural gas industry can be viewed here.
Leading industry positions in Texas with median hourly earnings, education, work experience and typical on-the-job training is available here.

TIPRO also highlights recent data released from the Texas comptroller’s office showing tax contributions provided by the Texas oil and natural gas industry in December. Texas energy producers last month paid $501 million in oil production taxes and contributed $171 million in natural gas production taxes. Oil and natural 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.

Oil output from the Permian Basin - the nation's top shale-producing region - is forecasted to expand slightly in February 2024 compared to January, with producers pumping a new record 5.974 million barrels per day (bpd), according to new production estimates published by the U.S. Energy Information Administration (EIA). Natural gas production in the Permian is also projected to increase in February compared to January for a total 24.393 billion cubic feet per day (bcf/d).

Oil and gas output from the other six leading basins around the country, with the exception of the Hayneville that remains flat, meanwhile, is expected to slow in February, noted the EIA, with total U.S. oil production forecasted to dip slightly to 9.680 million bpd from an estimated 9.682 million bpd in January. Total natural gas production in the nation's biggest shale basins is also projected to decline by 0.187 bcf/d to 98.889 bcf/d, EIA projections show. EIA’s Drilling Productivity Report does not incorporate any weather events into its estimates.

Thanks to the leadership of Texas producers, EIA projects that U.S. crude oil production will reach 13.2 million barrels bdp in 2024 and more than 13.4 million bpd in 2025, both new records, while global petroleum consumption will increase by 1.4 million bpd in 2024 and 1.2 million bpd in 2025. Natural gas supply, including production and imports, will increase by more than 1.5 bcf/d in 2024, while demand, including domestic consumption and exports, increases by almost 2 bcf/d, driven by growth in exports.

TIPRO notes that U.S. energy infrastructure plays a critical role in meeting growing energy demand, providing the safest, most reliable means to transport oil and natural gas, while also lowering emissions by helping take trucks off the road. According to a recent Texan’s for Natural Gas report, the Permian reached its lowest methane intensity yet, and did so during a record production year. The industry has been successful in reducing methane emission intensity by nearly 85 percent between 2011 and 2022.

In 2022 and 2023, the Texas Railroad Commission issued 178 new intrastate pipeline permits to pipeline operators, signaling the importance of adding additional energy infrastructure. This year, numerous pipelines with an estimated 51 mtpa in total capacity are expected to be approved within the Gulf Coast region – helping deliver cost-effective, reliable energy resources at home and abroad. In its 2023-2024 Winter Reliability Assessment, the North American Reliability Corporation (NERC) also flagged the need for additional pipeline capacity across several areas in the U.S. in order to avoid a lack of fuel supplies for natural gas-fired generation, specifically in the Midwest, Mid-Atlantic and Northeast regions.

Liquified natural gas (LNG) is a vital fuel source for the U.S. and its allies. The continued buildout and expansion of terminals in the U.S. reflects how important this energy source is for our economy and national security. Citing climate goals, environmentalists are eager to halt any new LNG project, while failing to acknowledge the emission reductions that natural gas has delivered as new production records are met. In response, the Biden Administration is considering expanding climate change assessments for LNG exports, which would negatively impact the Texas economy and energy security for U.S. allies abroad.

“Texas continues to lead in the production of oil and natural gas by a wide margin to meet growing global demand for our product,” said Ed Longanecker, President of TIPRO. “Additional energy infrastructure is needed in Texas and across the U.S., as are policies and regulations that support domestic production and the build out of this critical transportation system. As producers work to provide reliable energy for our country and trade partners, new pipeline projects are coming online to ensure production from basins like the Permian Basin and Eagle Ford can make it to export terminals, municipalities, and storage,” added Longanecker.

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Texas Upstream Employment Increases With Record Permian Basin Production

Fri, 17 Nov 2023 14:30:00 GMT

Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing an increase in upstream employment for the month of October. According to TIPRO’s analysis, direct Texas upstream employment for October 2023 totaled 212,900, an increase of 2,200 jobs from September employment numbers. Texas upstream employment in October 2023 represented the addition of 19,200 positions compared to October 2022, including an increase of 2,500 jobs in oil and natural gas extraction and 16,700 jobs in the services sector.

TIPRO’s new employment data yet again indicated strong job postings for the Texas oil and natural gas industry during the month of October. According to the association, there were 10,843 active unique jobs postings for the Texas oil and natural gas industry in October, including 3,965 new job postings added during the month by companies. In comparison, the state of California had 3,066 unique job postings last month, followed by Oklahoma (1,512), Louisiana (1,409) and Pennsylvania (1,041). TIPRO reported a total of 47,517 unique job postings nationwide last month within the oil and natural gas sector.

Among the 17 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Gasoline Stations with Convenience Stores led in the ranking for unique job listings in October with 2,824 postings, followed by Support Activities for Oil and Gas Operations (2,008) and Crude Petroleum Extraction (1,178). The leading three cities by total unique oil and natural gas job postings were Houston (3,208), Midland (818) and Odessa (446), said TIPRO.

The top three companies ranked by unique job postings in October were Cefco (1,151), Love’s (954) and Baker Hughes (332), according to TIPRO. Of the top ten companies listed by unique job postings last month, five companies were in the services sector, followed by two in the gasoline stations category with convenience stores, two midstream companies, and one in oil and natural gas extraction. Top posted industry occupations for October included first-line supervisors of retail sales workers (686), maintenance and repair workers (512) and heavy tractor-trailer truck drivers (252). The top posted job titles for October included store managers (230), assistant store managers (203) and customer service representatives (188).

Top qualifications for unique job postings included valid driver’s license (1,758), commercial driver's license (CDL) (204), and Master of Business Administration (MBA) (147). TIPRO reports that 40 percent of unique job postings had no education requirement listed, 36 percent required a bachelor’s degree, and 25 percent required a high school diploma or GED. There are 1,156 advertised salary observations (11 percent of the 10,843 matching postings) with a median salary of $55,200. The highest percentage of advertised salaries (26 percent) were in the $85,000 to $500,000 range. TIPRO also notes that the current average annual wage of $122,000 for all Texas oil and natural gas industry sectors has increased by 17 percent since 2013.

Additional TIPRO workforce trends data:

A sample of 500 industry job postings in Texas for October 2023 can be viewed here.
The top three posting sources in October included www.indeed.com (4,400), www.simplyhired.com (1,939) and www.dejobs.org (1,751).
Average annual wages for the Texas oil and natural gas industry can be viewed here.
Leading industry positions in Texas with median hourly earnings, education, work experience and typical on-the-job training is available here.

TIPRO also highlights recent data released from the Texas comptroller’s office showing tax contributions provided by the Texas oil and natural gas industry in October. Texas energy producers last month paid $586 million in oil production taxes, up from the prior month and 8 percent higher than October 2022. Producers also in the month of October contributed $192 million in natural gas production taxes. Oil and natural 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.

Oil output from the Permian Basin - the nation's top shale-producing region - is forecasted to expand leading up to the end of the year, with producers pumping a record 5.98 million barrels per day (bpd) in the Permian in December, according to new production estimates published by the U.S. Energy Information Administration (EIA). In recent months, the EIA had projected declines in oil output in the Permian, but now experts at the agency have revised their forecasting, indicating production volumes in the region will in fact rise. Natural gas production in the Permian is also expected to grow in December, totaling 24.86 billion cubic feet per day (bcf/d), higher than the anticipated 24.75 bcf/d produced in the basin during November. Oil and gas drilling in other leading basins around the country, meanwhile, is expected to slow before the end of 2023, noted the EIA, with U.S. oil production forecasted to dip to 9.653 million bpd in December from an estimated 9.654 million bpd in November. Total natural gas production in the nation's biggest shale basins also is projected to decline next month by 0.3 bcf/d to 99.6 bcf/d, EIA projections show.

“We are pleased to see continued growth in employment, production and direct economic contributions from the Texas oil and natural gas industry,” said Ed Longanecker, president of TIPRO. “Market volatility will continue due to competing factors, including inflationary pressures and geopolitical tensions, but we expect global supply to remain tight and demand growth to continue, supported in large part by the state of Texas,” added Longanecker.

TIPRO also commented that investors are currently more focused on a slower demand outlook than the impact geopolitical conflicts will have on supply. EIA’s recent Short Term Energy Outlook for November notes that despite expected increases in oil production in 2023 and 2024 and geopolitical issues in the Middle East and Iran, ongoing cuts from OPEC+ will keep global production growth lower than consumption, contributing to upward oil price pressure in early 2024.

Overall, despite geopolitical issues in the Middle East, Iran and Russia, EIA expects global oil production to remain largely the same. If there is an escalation in conflict in the Middle East because of the recent attacks on Israel, production may drop. However, TIPRO expects crude oil supply in the region to remain unchanged in the short-term.

TIPRO added that Russian and Iranian supply will largely remain flat in 2024, with Russia expected to maintain its mid-2023 production despite facing new U.S. sanctions over price cap violations. Iran may see a small increase in crude production as it continues to export to China. However, with insufficient upstream investment, sanctions on their crude oil and limited oil consumption growth in China, production in Iran will also remain limited.

TIPRO expects the price of WTI to remain in its forecasted range of $75-$80 for the remainder of 2023 with no meaningful reduction in oil exports. However, the association emphasized continued uncertainty in the market due to stubborn inflation, poorly conceived U.S. energy policy and federal fiscal policy having its desired economic dampening effect on consumer spending, which will continue to play out in early 2024.

TIPRO also noted that LNG demand in Asia and Europe is rising, but supply, especially from the U.S., is being viewed as more than adequate by investors, coupled with European gas storage reaching capacity, thus avoiding a typical bump in price this time of year. U.S. natural gas futures saw an increase due to higher, weather-related demand, which could be short-lived with above-normal temperatures expected across most of the U.S. Regardless, TIPRO remains bullish on natural gas demand in the U.S. and rising LNG exports in the long-term, with EIA noting natural gas future prices remain high enough to encourage robust LNG exports to both Europe and East Asia.

“We would like to express our sincere gratitude to the hundreds of thousands of hardworking men and women in the Texas oil and natural gas industry for providing the critical energy needed to meet growing demand here and abroad and the outsized contributions from an economic and national security perspective,” concluded Longanecker.

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Texas Upstream Employment Increases While Geopolitical Conflicts Underscore Critical Importance of Domestic Energy Production

Fri, 20 Oct 2023 14:30:00 GMT

Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted 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 2023 totaled 210,700, an increase of 1,700 jobs from revised August employment numbers. Texas upstream employment in September 2023 represented the addition of 18,700 positions compared to September 2022, including an increase of 2,600 jobs in oil and natural gas extraction and 16,100 jobs in the services sector.

TIPRO’s new employment data yet again indicated strong job postings for the Texas oil and natural gas industry during the month of September. 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 last month, followed by Louisiana (1,652), Oklahoma (1,649) and Pennsylvania (1,218). TIPRO reported a total of 52,767 unique job postings nationwide last month within the oil and natural gas sector.

Among the 17 specific industry sectors TIPRO uses to define the Texas oil and natural 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), said TIPRO.

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 ten 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 (CDL) (237) and transportation worker identification credential (TWIC) card (209). TIPRO reports that 39 percent of unique job postings had no education requirement listed, 35 percent required a bachelor’s degree, and 26 percent required a high school diploma or GED. There are 1,340 advertised salary observations (11 percent of the 11,990 matching postings) with a median salary of $52,100. The highest percentage of advertised salaries (30 percent) were in the $75,000 to $324,000 range.

Additional TIPRO workforce trends data:

A sample of 500 industry job postings in Texas for September 2023 can be viewed here.
The top three posting sources in September included www.indeed.com (4,978), www.simplyhired.com (1,929) and www.dejobs.org (1,575).
Average annual wages for the Texas oil and natural gas industry can be viewed here.
Leading industry positions in Texas with median hourly earnings, education, work experience and typical on-the-job training is available here.

TIPRO also highlights recent 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. Texas energy producers last month 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. Oil and natural 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," said 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."

"Texas continues to lead the nation in energy production," Longanecker continued. "Year-to-date through July 2023, Texas oil production accounted for over 43 percent of all oil production in the U.S. Similarly, natural gas production grew 5 percent nationwide, with a majority of the growth coming from the Permian Basin, where forecasts say natural gas production will increase by 11 percent (2.2 billion cubic feet per day) by the end of 2023, with more growth expected in 2024. Meanwhile, liquified natural gas (LNG) exports from Texas and Louisiana to our allies abroad have increased by 116 percent.

"No other industry in the world is as consequential from an economic, energy and national security perspective," Longanecker emphasized. "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. 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. 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."

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Upstream Employment Increases and Demand Remains Strong for Oil and Gas Talent

Fri, 15 Sep 2023 15:30:00 GMT

Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing an increase in upstream employment for the month of August. According to TIPRO’s analysis, direct Texas upstream employment for August 2023 totaled 208,500, an increase of 1,200 jobs from July employment numbers. Texas upstream employment in August 2023 represented the addition of 18,200 positions compared to August 2022, including an increase of 2,300 jobs in oil and natural gas extraction and 15,900 jobs in the services sector.

TIPRO’s new employment data yet again indicated strong job postings for the Texas oil and natural gas industry during the month of August. According to the association, there were 11,951 active unique jobs postings for the Texas oil and natural gas industry in August, including 4,409 new job postings added during the month by companies. In comparison, the state of California had 3,641 unique job postings last month, followed by Louisiana (1,790), Oklahoma (1,609) and Pennsylvania (1,364). TIPRO reported a total of 53,810 unique job postings nationwide last month within the oil and natural gas sector.

Among the 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 August with 2,700 postings, followed by Gasoline Stations with Convenience Stores (2,135) and Crude Petroleum Extraction (1,333). The leading three cities by total unique oil and natural gas job postings were Houston (3,935), Midland (1,012) and Odessa (556), said TIPRO.

The top three companies ranked by unique job postings in August were Cefco (933), John Wood Group (543) and Love’s (406), according to TIPRO. Of the top ten companies listed by unique job postings last month, four companies were in the services sector, followed by two midstream companies, two in the gasoline stations category with convenience stores, one in oil and natural gas extraction and one in petroleum refineries. Top posted industry occupations for August included first-line supervisors of retail sales workers (612), maintenance and repair workers (544) and heavy tractor-trailer truck drivers (343). The top posted job titles for August included customer service representatives (193), store managers (192) and field service technicians (120).

Top qualifications for unique job postings included valid driver’s license (2,125), commercial driver's license (CDL) (236) and transportation worker identification credential (TWIC) card (185). TIPRO reports that 39 percent of unique job postings required a bachelor’s degree, 33 percent had no education requirement listed and 30 percent required a high school diploma or GED. There are 1,424 advertised salary observations (12 percent of the 11,951 matching postings) with a median salary of $52,600. The highest percentage of advertised salaries (26 percent) were in the $85,000 to $324,000 range.

Additional TIPRO workforce trends data:

A sample of 500 industry job postings in Texas for August 2023 can be viewed here.
The top three posting sources in August included www.indeed.com (5,060), www.simplyhired.com (2,513) and www.dejobs.org (1,570).
Average annual wages for the Texas oil and natural gas industry can be viewed here.
Leading industry positions in Texas with median hourly earnings, education, work experience and typical on-the-job training is available here.

TIPRO also highlights recent data released from the Texas comptroller’s office showing tax contributions by the Texas oil and natural gas industry for the month of August. Texas energy producers last month paid $501 million in oil production taxes, up from the prior month, and also contributed $137 million in natural gas production taxes, also higher than totals collected in July. Overall, tax receipts from the sector are down from earlier this year, due to a slowdown in drilling activity in some of the state’s top oil and natural gas basins. Still, oil and natural 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.

“Despite economic headwinds from high inflation, aggressive monetary policy and continued efforts from Washington D.C. to target domestic oil and gas production, the upstream sector in Texas thankfully remains strong,” said Ed Longanecker, president of TIPRO. “Policies designed to slow exploration and production activity do nothing to impact growing demand, but can directly affect investment and supply, further exacerbating the economic strain being felt by all Americans. We need collaboration, not politics, to develop a cohesive and sensible strategy that recognizes the critical importance of oil and gas and much needed investment in energy infrastructure,” concluded Longanecker.

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Demand for Texas Oil and Gas Talent Remains Strong

Fri, 18 Aug 2023 15:30:00 GMT

Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decline in Texas upstream employment following four months of consecutive growth. According to TIPRO’s analysis, direct Texas upstream employment for July 2023 totaled 206,600, a decrease of 2,100 jobs from adjusted June employment numbers. Texas upstream employment in July 2023 represented the addition of 18,600 positions compared to July 2022, including an increase of 2,800 jobs in oil and natural gas extraction and 15,800 jobs in the services sector.

“Given historical hiring trends and adjustments made in CES data in subsequent months, it is not uncommon to see fluctuations in employment numbers throughout the year,” said Ed Longanecker, president of TIPRO. “Absent any major economic factors affecting supply and demand, these variations are often anonymous, especially considering the number of open positions currently available in the Texas oil and natural gas industry. We expect continued growth in Texas upstream employment in the second half of the year,” added Longanecker.

TIPRO’s new employment data yet again indicated strong job postings for the Texas oil and natural gas industry during the month of July. According to the association, there were 13,557 active unique jobs postings for the Texas oil and natural gas industry in July, including 5,095 new job postings added during the month by companies. In comparison, the state of California had 4,365 unique job postings last month, followed by Louisiana (2,224), Oklahoma (1,905) and Pennsylvania (1,687). TIPRO reported a total of 62,318 unique job postings nationwide last month within the oil and natural gas sector.

Among the 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 July with 3,217 postings, followed by Gasoline Stations with Convenience Stores (2,065) and Crude Petroleum Extraction (1,543). The leading three cities by total unique oil and natural gas job postings were Houston (4,737), Midland (1,132) and Odessa (622), said TIPRO.

The leading three companies ranked by unique job postings in July were Cefco (752), John Wood Group (738) and Halliburton (447), according to TIPRO. Of the top ten companies listed by unique job postings last month, four companies were in the services sector, followed by two midstream companies, two in the gasoline stations category with convenience stores, and two in oil and natural gas extraction. Top posted industry occupations for July included maintenance and repair workers (563), first-line supervisors of retail sales workers (534) and heavy tractor-trailer truck drivers (434). The top posted job titles for July included store managers (180), customer service representatives (129) and field service technicians (124).

Top qualifications for unique job postings included valid driver’s license (2,324), commercial driver's license (CDL) (347), and CDL class a license (218). TIPRO reports that 40 percent of unique job postings required a bachelor’s degree, 31 percent required a high school diploma or GED, and 30 percent had no education requirement listed. There are 1,410 advertised salary observations (10 percent of the 13,557 matching postings) with a median salary of $50,000. The highest percentage of advertised salaries (27 percent) were in the $75,000 to $250,000 range.

Additional TIPRO workforce trends data:

A sample of 500 industry job postings in Texas for July 2023 can be viewed here.
The top three posting sources in June included indeed.com (5,326), simplyhired.com (3,144) and dejobs.org (1,941).
Average annual wages for the Texas oil and natural gas industry can be viewed here.
Leading industry positions in Texas with median hourly earnings, education, work experience and typical on-the-job training is available here.

TIPRO also highlights recent data released from the Texas comptroller’s office showing tax contributions by the Texas oil and natural gas industry for the month of July. Texas energy producers last month paid $437 million in oil production taxes and also contributed $65 million in natural gas production taxes. Tax receipts from the sector are down from earlier this year, due to a slowdown in drilling activity in some of the state’s oil and natural gas basins. Still, oil and natural 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.

Furthermore, TIPRO reports that oil and natural gas output from Texas and the United States will remain strong in the coming months, though is forecasted to decline in September. New data from the U.S. Energy Information Administration (EIA) projects U.S. crude oil production will total 9.41 million barrels per day (b/d) next month, a drop of 20,000 b/d from revised August output amounting to 9.435 million b/d. In the Permian Basin, the most nation's most prolific shale oil basin, regional oil output is expected to fall by around 13,000 b/d to 5.8 million b/d in September, estimates EIA experts, after reaching 5.812 million b/d in August. Oil production in the Eagle Ford region in South Texas meanwhile will fall next month by 11,000 b/d to 1.11 million b/d. Domestic natural gas production in the United States also is expected to decrease in September by around 147 million cubic feet per day to 98.262 billion cubic feet per day (bcf/d), according to the latest EIA estimates. Despite the overall decline in natural gas production in the United States, the Permian Basin is still slated to see natural gas output increase to 23.667 bcf/d, with the highest growth in production of natural gas anywhere in the country. Natural gas production in the Eagle Ford and Haynesville formations, however, will go down in September.

“Oil and natural gas are the most consequential products on the planet that fuel modern societies, drive economic growth and fortify our nation’s energy security” emphasized Longanecker. “We are incredibly proud to support the hardworking men and women in the Texas oil and natural gas industry that power our homes, transportation and afford us the conveniences, products, and protections that we all value and utilize in our daily lives. With energy demand projected to reach new records in the years ahead, our industry will continue to play a dominant role in supporting our country, allies, trade partners and developing nations around the world, with Texas leading the way,” concluded Longanecker.

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Industry Innovator and Leader, Allen Gilmer, Honored With TIPRO Award

Mon, 14 Aug 2023 13:47:17 GMT

During Annual Association Event, Gilmer Recognized For His Outstanding Service to the Texas Oil & Gas Industry

August 11, 2023

Austin, Texas - During the Texas Independent Producers and Royalty Owners Association’s (TIPRO) 2023 Summer Conference in San Antonio this week, TIPRO recognized Allen Gilmer as the 2023 Mr. TIPRO award honoree for his outstanding service to the Texas oil and natural gas industry, loyalty to the association and inspiring innovation and leadership.

Gilmer has been a member of TIPRO for 20 years and is a former chairman of the association, leading TIPRO's Board of Directors from 2016-2018. His longtime involvement and loyalty to TIPRO has been important to guiding the association’s work, education campaigns and advocacy promoting Texas independents and royalty owners.

Gilmer is well known as an expert on the Texas oil patch. After starting off his career working as a geophysicist for Marathon Oil Co., Gilmer co-founded several companies in the oil and gas sector. His entrepreneurial spirit, inspiring mind and passion for data led him to later start-up DrillingInfo (now called Enverus), a leading provider of cloud-based data and analytics software and intelligence for the oil and gas industry. In addition to his role co-founding the company, he also served more than 20 years as the chief executive officer and chairman of the business.

Gilmer has received numerous accolades and been widely recognized for his industry leadership and vision -- he was selected as Large Company CEO of the Year for Central Texas in 2014, Top 7 North American Prospect Expo Influencers in 2014, Texas' Outstanding Geoscientist in 2012 by Texas Monthly magazine and Ernst & Young Entrepreneur of the Year in Central Texas in 2012. In 2020, he was honored by Hart Energy as an oil and gas innovator and in 2022, the University of Texas at El Paso also recognized this leader as distinguished alumni.

Outside of those accomplishments, Gilmer also holds several patents in the field of multi-component seismology and is a film and TV producer.

"Allen Gilmer is a true innovator and industry leader,” said Ed Longanecker, president of TIPRO. "Throughout the years, he has shown his leadership for Texas energy and our association is proud to honor him as this year's Mr. TIPRO. We celebrate and commend him for his many years of service that have helped Texas oil and gas producers and royalty owners.”

About the Mr. TIPRO Award:

The Mr. TIPRO award honors members of the association who have proven to be loyal and involved members over the years. Recipients of the Mr. TIPRO award are selected for demonstrating distinctive service and dedication to the association and its mission and recognized for significant achievements in their careers benefiting the Texas oil and natural gas industry.

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Texas Energy Sector Employment Growth Continues

Fri, 21 Jul 2023 15:00:00 GMT

Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing an increase in Texas upstream employment last month. According to TIPRO’s analysis, direct Texas upstream employment for June 2023 totaled 208,000, an increase of 2,500 jobs from adjusted May employment numbers. Texas upstream employment in June 2023 represented the addition of 24,800 positions compared to June 2022, including an increase of 3,900 jobs in oil and natural gas extraction and 20,900 jobs in the services sector.

TIPRO’s new employment data yet again indicated strong job postings for the Texas oil and natural gas industry during the month of June. According to the association, there were 13,696 active unique jobs postings for the Texas oil and natural gas industry in June, including 4,692 new job postings added during the month by companies. In comparison, the state of California had 4,655 unique job postings last month, followed by Louisiana (2,328), Oklahoma (1,982) and Pennsylvania (1,666). TIPRO reported a total of 62,700 unique job postings nationwide last month within the oil and natural gas sector.

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 June with 3,299 postings, followed by Gasoline Stations with Convenience Stores (1,658) and Crude Petroleum Extraction (1,633). The leading three cities by total unique oil and natural gas job postings were Houston (5,065), Midland (1,234) and Odessa (666), said TIPRO.

The leading three companies ranked by unique job postings in June were John Wood Group (751), Love’s (549) and KBR (492), according to TIPRO. Of the top ten companies listed by unique job postings last month, four companies were in the services sector, followed by two midstream companies, two in the gasoline stations category with convenience stores, and two in oil and natural gas extraction. Top posted industry occupations for June included maintenance and repair workers (432), heavy tractor-trailer truck drivers (431) and managers (342). The top posted job titles for June included field service technicians (106), lease operators (94) and process engineers (70).

Top qualifications for unique job postings included valid driver’s license (2,416), commercial driver's license (CDL) (372), and Master of Business Administration (MBA) (245). TIPRO reports that 43 percent of unique job postings required a bachelor’s degree, 30 percent required a high school diploma or GED, and 28 percent had no education requirement listed. There are 1,370 advertised salary observations (10 percent of the 13,696 matching postings) with a median salary of $50,600.

Additional TIPRO workforce trends data:

A sample of 500 industry job postings in Texas for June 2023 can be viewed here.
The top three posting sources in June included indeed.com (5,345), simplyhired.com (3,238) and dejobs.org (2,286).
Average annual wages for the Texas oil and natural gas industry can be viewed here.
Leading industry positions in Texas with median hourly earnings, education, work experience and typical on-the-job training is available here.

TIPRO also highlights recent data released from the Texas comptroller’s office showing large tax contributions this summer by the Texas oil and natural gas industry. In June, Texas energy producers paid $456 million in oil production taxes and also contributed $184 million in natural gas production taxes. Oil and natural gas severance taxes are an extremely important source of revenue for state and local governments and are 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.

Furthermore, TIPRO reports that oil and natural gas output from Texas and the United States will continue to remain strong in the coming months, though is forecasted to fall in August for the first time this year. New data from the U.S. Energy Information Administration (EIA) projects that after peaking in July, U.S. crude oil production in the Lower 48 will total 9.397 million barrels per day (b/d) next month, a decline of 18,000 b/d from July. After a long-running streak of production gains in the Permian Basin, the most nation's most prolific shale oil basin, regional oil output is expected to drop by around 11,000 b/d to 5.764 million b/d in August, forecasts EIA experts, after reaching 5.775 million b/d in July. Domestic natural gas production in the United States also will slow in August and is expected to decrease by around 100 million cubic feet per day to 97.972 billion cubic feet per day (bcf/d) in August, according to the latest EIA estimates. Despite the overall reduction in natural gas production in the United States, the Permian Basin is still slated to see natural gas output increase to 23.389 bcf/d, with the highest growth in production of natural gas anywhere in the country.

“Oil and gas employment in Texas is strong and our state remains the undisputed leader for oil and gas production by a significant margin, generating economic prosperity and fortifying our energy security,” said Ed Longanecker, president of TIPRO. “TIPRO and our members will continue to advocate for sound, science-based energy policies at all levels of government to support continued expansion of domestic production and energy infrastructure.”

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Texas’ Pro-Business Environment Supports Economic Growth and Energy Security

Fri, 16 Jun 2023 14:30:00 GMT

Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a significant gain in Texas upstream employment last month. According to TIPRO’s analysis, direct Texas upstream employment for May 2023 totaled 206,000, an increase of 6,900 jobs from adjusted April employment numbers. Texas upstream employment in May 2023 represented the addition of 22,700 positions compared to May 2022, including an increase of 2,700 jobs in oil and natural gas extraction and 20,000 jobs in the services sector.

TIPRO’s new employment data yet again indicated strong job postings for the Texas oil and natural gas industry during the month of May. According to the association, there were 13,779 active unique jobs postings for the Texas oil and natural gas industry in May, including 4,366 new job postings added during the month by companies. In comparison, the state of California had 5,100 unique job postings last month, followed by Louisiana (2,390), Oklahoma (2,037) and Pennsylvania (1,649). TIPRO reported a total of 61,442 unique job postings nationwide last month within the oil and natural gas sector.

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 May with 3,516 postings, followed by Gasoline Stations with Convenience Stores (1,693) and Crude Petroleum Extraction (1,542). The leading three cities by total unique oil and natural gas job postings were Houston (4,993), Midland (1,268) and Odessa (695), said TIPRO.

The leading three companies ranked by unique job postings in May were John Wood Group (796), Love’s (524) and Halliburton (462), according to TIPRO. Of the top ten companies listed by unique job postings last month, four companies were in the services sector, followed by two midstream companies, two in the gasoline stations category with convenience stores, and two in oil and natural gas extraction. Top posted industry occupations for May included maintenance and repair workers (467), heavy tractor-trailer truck drivers (401) and managers (353). The top posted job titles for May included field service technicians (115), lease operators (96) and process engineers (75).

Top qualifications for unique job postings included valid driver’s license (2,392), commercial driver's license (CDL) (312), and CDL Class A license (249). TIPRO reports that 43 percent of unique job postings required a bachelor’s degree, 29 percent required a high school diploma or GED, and 29 percent had no education requirement listed. There are 1,484 advertised salary observations (11 percent of the 13,779 matching postings) with a median salary of $50,000.

Additional TIPRO workforce trends data:

A sample of 500 active industry job postings in Texas for May 2023 can be viewed here. Please note, some positions may no longer be available.
The top three posting sources in May included indeed.com (5,414), simplyhired.com (3,388) and dejobs.org (2,102).
Average annual wages for the Texas oil and natural gas industry can be viewed here.
Leading industry positions in Texas with median hourly earnings, education, work experience and typical on-the-job training is available here.

TIPRO also highlights recent data released from the Texas comptroller’s office showing large tax contributions by the Texas oil and natural gas industry. In May, Texas energy producers paid $497 million in oil production taxes, up from levels reported for April. Producers also in May contributed almost $200 million in natural gas production taxes. Oil and natural gas severance taxes are extremely important to state and local governments and are used help to support road and infrastructure investments, water conservation projects, schools and education, first responders and other essential public services across the Lone Star State.

Additionally, TIPRO reports that oil and natural gas output is poised to see further growth this summer, though monthly production gains are narrowing from increases recorded earlier this year. New data from the U.S. Energy Information Administration (EIA) projects that U.S. crude oil production in July will rise to 9.375 million barrels per day (b/d), up 8,000 b/d from June. In the Permian Basin, the most nation's most prolific shale oil basin, regional output will increase by 1,000 b/d to hit 5.76 million b/d next month, forecasts EIA experts. Domestic natural gas production in the United States also will climb and reach 97.3 billion cubic feet per day (bcf/d) in July, according to the latest EIA estimates. This in part will be driven by production gains from the Permian, where natural gas production is expected to grow to 22.878 bcf/d and in the Haynesville, where natural gas production will total 16.6 bcf/d.

“The Texas oil and natural gas industry is an economic powerhouse providing reliable energy to meet growing demand here and aboard,” said Ed Longanecker, president of TIPRO. “Fortunately, Texas policymakers continue to maintain a regulatory environment that is conducive to economic growth and the responsible development of our natural resources, which is reflected in our analysis. We appreciate the work of the Texas Legislature this year that advanced a policy agenda supporting the continued success of our industry and its unmatched contributions,” added Longanecker.

As a leading energy provider, TIPRO says Texas has also promoted further investments in infrastructure and related projects that support natural gas development. For example, the Matterhorn Express Pipeline is scheduled for completion next year and will deliver natural gas to the Katy Hub on the Gulf Coast, adding additional opportunity for the state to capitalize on its liquified natural gas (LNG) exports.

See below for other projects that will add to the expansion of natural gas from the Permian Basin:

The Whistler Pipeline Capacity Expansion is expanding compression by installing three new compressor stations on the pipeline, increasing capacity by 0.5 Bcf/d to 2.5 Bcf/d. The project is expected to enter service in September 2023.
The Permian Highway Pipeline Expansion is expanding compression, increasing capacity by 0.55 Bcf/d to 2.65 Bcf/d. The project is expected to enter service in November 2023.
The Gulf Coast Express Pipeline is expanding compression, increasing capacity by 0.6 Bcf/d to 2.65 Bcf/d by December 2023.

“These infrastructure investments will enable the Lone Star State to continue being a global leader in natural gas production, driving further economic prosperity across Texas and enhancing our nation's energy security,” concluded Longanecker.

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TIPRO Reports Growth in Oil and Gas Employment and Emphasizes Need for Federal Permitting Reform

Fri, 19 May 2023 14:30:00 GMT

Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a gain in Texas upstream employment last month. According to TIPRO’s analysis, direct Texas upstream employment for April 2023 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 to April 2022, including an increase of 1,700 jobs in oil and natural gas extraction and 15,900 jobs in the services sector.

TIPRO’s new employment data yet again indicated strong job postings for the Texas oil and natural gas industry during the month of April. 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, the state of California had 5,139 unique job postings last month, followed by Louisiana (2,628), Oklahoma (2,184) and Pennsylvania (1,722). TIPRO reported a total of 64,286 unique job postings nationwide last month within the oil and natural gas sector.

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), said TIPRO.

The leading three companies ranked by unique job postings in March were John Wood Group (844), Love’s (613) and Halliburton (540), according to TIPRO. Of the top ten companies listed by unique job postings last month, five companies were in the services sector, 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).

Top qualifications for unique job postings included valid driver’s license (2,590), commercial driver's license (CDL) (345), and CDL Class A license (289). TIPRO reports that 41 percent of unique job postings required a bachelor’s degree, 30 percent required a high school diploma or GED, and 30 percent had no education requirement listed. There were 1,719 advertised salary observations (11 percent of the 15,127 matching postings) with a median salary of $49,800.

Additional TIPRO workforce trends data:

A sample of 500 active industry job postings in Texas for April 2023 can be viewed here. Please note, some positions may no longer be available.
The top three posting sources in April included indeed.com (5,926), simplyhired.com (3,413) and dejobs.org (1,893).
Average annual wages for the Texas oil and natural gas industry can be viewed here.
Leading industry positions in Texas with median hourly earnings, education, work experience and typical on-the-job training is available here.

TIPRO also highlights 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, 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. Oil and natural gas severance taxes are extremely important to state and local governments and are used help to support road and infrastructure investments, water conservation projects, schools and education, first responders and other essential public services.

Additionally, TIPRO reports that oil and natural gas output is poised to see further growth this summer. New data from the U.S. Energy Information Administration (EIA) projects that U.S. oil production in June will grow by 41,000 barrels per day (b/d) and top 9.33 million b/d. In the Permian Basin, the most nation's most prolific shale oil basin, output will rise by 15,000 b/d to hit 5.71 million b/d. Oil production in the Eagle Ford Shale in South Texas is also expected to see modest gains by 2,000 b/d to total 1.108 million bpd. According to the latest EIA estimates, domestic natural gas production also will climb in June and reach 97.239 billion cubic feet per day (bcf/d) next month. 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,” said Ed Longanecker, president of TIPRO. “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. We will continue to advocate for a compromise permitting reform bill to be included in the final debt ceiling package that is being negotiated between Congressional leaders and the White House,” concluded Longanecker.

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About TIPRO

The Texas Independent Producers & Royalty Owners Association (TIPRO) is a trade association representing the interests of nearly 3,000 independent oil and natural gas producers and royalty owners throughout Texas. As one of the nation’s largest statewide associations representing both independent producers and royalty owners, members include small businesses, the largest, publicly-traded independent producers, and mineral owners, estates, and trusts.

TIPRO HIGHLIGHTS INCREASE IN OIL AND GAS EMPLOYMENT, JOB POSTINGS AND PRODUCTION

Fri, 21 Apr 2023 15:00:00 GMT

Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a gain in Texas upstream employment last month. According to TIPRO’s analysis, direct Texas upstream employment for March 2023 totaled 198,700, an increase of 1,500 jobs from revised February employment numbers. Texas upstream employment in March 2023 represented the addition of 20,000 positions compared to March 2022, including an increase of 1,100 jobs in oil and natural gas extraction and 18,900 jobs in the services sector.

TIPRO’s new employment data yet again indicated strong job postings for the Texas oil and natural gas industry during the month of March. According to the association, there were 14,491 active unique jobs postings for the Texas oil and natural gas industry in March, including 6,193 new job postings added in the month by companies. March active unique job postings reflect a 21 percent increase compared to February, and a 35 percent increase in new job postings for the month.

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 March with 4,027 postings, followed by Gasoline Stations with Convenience Stores (2,002) and Crude Petroleum Extraction (1,548). The leading three cities by total unique oil and natural gas job postings were Houston (4,949), Midland (1,284) and Odessa (659), said TIPRO.

The leading three companies ranked by unique job postings in March were Love’s (833), John Wood Group (822) and Halliburton (589), according to TIPRO. Of the top ten companies listed by unique job postings last month, five companies were in the services sector, followed by three midstream companies, one in gasoline stations with convenience stores, and one in oil and natural gas extraction. Top posted industry occupations for March included maintenance and repair workers (469), heavy tractor-trailer truck drivers (428) and managers (402). The top posted job titles for March included lease operators (96), field service technicians (96) and maintenance technicians (86).

Top qualifications for unique job postings included valid driver’s license (2,515), commercial driver's license (CDL) (334), and CDL Class A license (282). TIPRO reports that 40 percent of unique job postings required a bachelor’s degree, 31 percent required a high school diploma or GED, and 30 percent had no education requirement listed. There were 1,605 advertised salary observations (11 percent of the 14,491 matching postings) with a median salary of $48,000.

Additional TIPRO workforce trends data:

Average annual wages for the Texas oil and natural gas industry can be viewed here.
Leading industry positions in Texas with median hourly earnings, education, work experience and typical on-the-job training is available here.
A sample of 500 active industry job postings in Texas for March 2023 - April 2023 can be viewed here. Please note, some positions may no longer be available.
The top three posting sources in March included indeed.com (5,674), simplyhired.com (3,010) and workintexas.com (1,438).

TIPRO also highlights 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 March, Texas energy producers paid $427 million in oil production taxes and $267 million in natural gas production taxes. Oil and natural gas severance taxes are extremely important to the state and local governments and are used help to support road and infrastructure investments, water conservation projects, schools and education, first responders and other essential public services. Texas Comptroller Glenn Hegar, who spoke recently at TIPRO's 77th Annual Convention in early April, emphasized the powerful impact of the industry to the state economy and also highlighted how tax revenue generated from oil and gas production has contributed heavily to the state's record budgetary surplus.

Additionally, TIPRO reports that oil and natural gas output is poised to further increase in the months to come. New data from the U.S. Energy Information Administration (EIA) projects that U.S. oil production in May will grow by 49,000 barrels per day (b/d) and top 9.328 million b/d. In the Permian Basin, the most nation's most prolific shale oil basin, output will rise by 13,000 b/d to hit 5.694 million b/d. Oil production in the Eagle Ford Shale in South Texas is also expected to increase by 6,000 b/d to total 1.141 million bpd. According to the latest EIA estimates, domestic natural gas production also will climb in May and reach 97 billion cubic feet per day (bcf/d) next month. This in part will be driven by production gains from the Permian, where natural gas production is expected to grow to 22.5 bcf/d and in the Eagle Ford, where natural gas production will total 7.26 bcf/d.

“The Texas oil and natural gas industry continues to ramp up employment and production in-line with growing demand for our product here and abroad,” said Ed Longanecker, president of TIPRO. “With global oil and natural gas demand projected to increase by 34 percent by the year 2050, it’s imperative that policy at the state and federal level reflect this reality and that our elected officials support continued investment in energy infrastructure and domestic production. By not doing so, energy prices will only increase for Americans and our country will become more reliant on other countries for oil and natural gas that do not adhere to the same environmental standards as the U.S. No other industry sector is more pervasive or important to our everyday lives and national security than oil and natural gas,” concluded Longanecker.

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SHAR

TEXAS COMPTROLLER GLENN HEGAR HONORED WITH TIPRO AWARD FOR CHAMPIONING TEXAS ECONOMY AND ENERGY

Wed, 05 Apr 2023 15:00:00 GMT

Austin, Texas - During the Texas Independent Producers and Royalty Owners Association’s (TIPRO) 77th Annual Convention in Austin this week, TIPRO proudly recognized Texas Comptroller Glenn Hegar as the 2023 TIPRO Hats Off Award honoree for his dedicated support of policies that have protected and promoted the long-term growth of the state economy and fueled prosperity of the Texas oil and gas industry.

Since first being elected in 2014 as Texas' chief financial officer, Hegar has championed Texas' financial health and ensured a strong economy remains in the Lone Star State. In recent years, as the CFO of the world's ninth-largest economy, the comptroller has wisely controlled the finances of the Texas government and carefully managed the state budget, which today is projected to hold record levels. He has also continuously demonstrated his commitment to defend the energy sector, a leading contributor to the economy -- joined by other state leaders, Comptroller Hegar has defended the industry from hostile attacks pushed by Washington D.C. and challenged federal action threatening the vitality of the state's oil and gas industry. Further, the comptroller has continuously promoted the significant economic stimulus that is generated by oil and gas exploration and production activities, including tax revenue for local and state coffers, job creation and workforce expansion, and other important economic benefits stemming from energy development in the Lone Star State.

Before his election as state comptroller, Hegar was a state lawmaker in the Texas House of Representatives and Texas Senate, where he also worked on policies that covered transportation, tax reform, government transparency, water issues and more. He was chairman of the Texas Sunset Advisory Commission in 2011 and of note, provided recommendations to improve and enhance operations of the Railroad Commission of Texas, which underwent Sunset review during his term as chair.

"On behalf of TIPRO and its members, the association is pleased to present our 2023 Hats Off Award to Comptroller Hegar for his dedicated work and continued guidance that has kept Texas’ economy strong, even despite challenges that have faced the state including inflationary pressures, the pandemic and stifling regulations promulgated from the federal government,” said Ed Longanecker, president of TIPRO. "Comptroller Hegar has repeatedly shown his leadership for our state, the economy, business development and energy.”

About the TIPRO Hats Off Award:

TIPRO's Hats Off Award is the association's highest accolade that honors leaders who make significant contributions in support of the oil and natural gas industry in Texas. Recipients of the TIPRO Hats Off Award are selected for demonstrating service that has promoted opportunities for independent producers and royalty owners to continue to prosper. Past honorees of the TIPRO Hats Off Award include Texas Governor Greg Abbott, Railroad Commission Chairman Christi Craddick, State Geologist and Bureau of Economic Geology Director Dr. Scott Tinker and other state leaders.

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TIPRO HIGHLIGHTS STRONG OIL AND NATURAL GAS JOB POSTINGS IN FEBRUARY

Fri, 24 Mar 2023 15:00:00 GMT

According to TIPRO’s analysis, direct Texas upstream employment for February 2023 totaled 197,900, a decrease of 700 jobs from January employment numbers. TIPRO indicates that this drop in employment is likely a statistical anomaly given the positive job posting data for the month, workforce trends and that revised CES numbers will ultimately likely show an uptick in upstream employment in February. Texas upstream employment in February 2023 represented the addition of 20,100 positions compared to February 2022, including an increase of 900 jobs in oil and natural gas extraction and 19,200 jobs in the services sector.

TIPRO’s new employment data also indicated strong job postings for the Texas oil and natural gas industry for the month of February. According to the association, there were 11,981 active unique jobs postings for the Texas oil and natural gas industry in February, including 4,601 new job postings added in the month by companies.

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 continued to lead in the rankings for unique job listings in February with 3,261 postings, followed by Gasoline Stations with Convenience Stores (1,618) and Crude Petroleum Extraction (1,189). The leading three cities by total unique oil and natural gas job postings were Houston (4,182), Midland (877) and Odessa (478), said TIPRO.

The top three companies ranked by unique job postings in February were John Wood Group (640), Loves (632) and Baker Hughes (575), according to TIPRO. Of the top ten companies listed by unique job postings last month, five companies were in the services sector, followed by three midstream companies, and two in gasoline stations with convenience stores.

Top posted industry occupations for February included maintenance and repair workers (374), heavy tractor-trailer truck drivers (356), and managers (320). Top qualifications for unique job postings included valid driver’s license (2,085), commercial driver's license (CDL) (288), and CDL Class A license (174). TIPRO reports that 40 percent of unique job postings required a bachelor’s degree, 32 percent required a high school diploma or GED, and 30 percent had no education requirement listed. There were 1,341 advertised salary observations (11 percent of the 11,981 matching postings) with a median salary of $46,800.

Additionally, TIPRO reports that oil and gas production is forecasted to continue to climb in the coming months. Crude oil output in the Permian Basin is projected to hit a record 5.62 million barrels per day (bpd) in April, according to the U.S. Energy Information Administration (EIA), with production expected to rise in the basin by 26,000 bpd. In the Eagle Ford Shale in South Texas, oil output next month will gain 9,000 bpd to total 1.13 million bpd. Overall, U.S. crude oil production is estimated to go up by 68,000 bpd to top 9.21 million bpd in April, projects the EIA. Natural gas production also will grow in April – EIA projections show total natural gas output in the United States will increase by approximately 420 million cubic feet per day (Mmcf/D) to reach a record 96.62 billion cubic feet per day (bcf/d). This will in part be driven by production gains from the Permian Basin, where output will go up by 93 Mmcf/D to hit a record high of 22.5 bcf/d. Natural gas production in the Eagle Ford Shale is also forecasted to reach 7.12 bcf/d in April, up 74 Mmcf/d from projected March levels.

“We are pleased to see continued demand for available talent throughout the Texas oil and natural gas sector,” said Ed Longanecker, president of TIPRO. “The Texas Legislature and U.S. Congress are currently evaluating policies that can greatly hinder or support this vital industry, our nation’s energy security and economy. It’s imperative that we support continued investment in energy infrastructure and advance sound, science-based policy decisions at all levels of government to ensure that Americans and our allies have access to reliable and affordable energy,” concluded Longanecker.

For more detailed analysis on the economic impact of oil and natural gas, review TIPRO’s "2023 State of Energy Report" here.

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TIPRO HIGHLIGHTS CONTINUED UPSTREAM EMPLOYMENT GROWTH IN JANUARY

Fri, 10 Mar 2023 16:15:36 GMT

According to TIPRO’s analysis, direct Texas upstream employment for January 2023 totaled 198,100, an increase of 1,700 jobs from revised December employment numbers. Texas upstream employment in January 2023 represented the addition of 24,000 positions compared to January 2022, including an increase of 1,600 jobs in oil and natural gas extraction and 22,400 jobs in the services sector.

The Houston metropolitan area, the largest region in the state for industry employment, showed an increase of 700 upstream jobs in January compared to December, for a total of 66,400 direct positions, according to TIPRO. Houston metro upstream employment in January 2023 represented an increase of 6,200 jobs compared to January 2022, including an increase of 400 in oil and natural gas extraction and 5,800 jobs in the services sector.

TIPRO’s new employment data also indicated strong job postings for the Texas oil and natural gas industry for the month of January to start the year. According to the association, there were 12,478 active unique jobs postings for the Texas oil and natural gas industry in January, including 5,313 new job postings added in the month by companies.

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 continued to lead in the rankings for unique job listings in January with 3,062 postings, followed by Gasoline Stations with Convenience Stores (2,152) and Crude Petroleum Extraction (1,191). The leading three cities by total unique oil and natural gas job postings were Houston (4,149), Midland (905) and Odessa (472), said TIPRO.

The top three companies ranked by unique job postings in January were Love’s (1,151), Baker Hughes (617) and John Wood Group (582), according to TIPRO. Of the top ten companies listed by unique job postings last month, five companies were in the services sector, followed by three midstream companies, one in oil and natural gas extraction and one in gasoline stations with convenience stores.

Top posted industry occupations for January included heavy tractor-trailer truck drivers (373), maintenance and repair workers (361) and managers (310). Top qualifications for unique job postings included valid driver’s license (2,023), commercial driver's license (CDL) (289), and CDL Class A license (195). TIPRO reports that 38 percent of unique job postings required a bachelor’s degree, 32 percent had no education requirement listed, and 31 percent required a high school diploma or GED. There were 1,449 advertised salary observations, or 12 percent of total oil and natural gas job postings, with a median salary of $46,800.

In addition, TIPRO also highlights recent data released from the Texas comptroller’s office showing production taxes paid by the oil and natural gas industry to the state of Texas generated nearly $800 million in tax revenue in February 2023. According to the comptroller’s data, in February, Texas oil producers paid $492 million in production taxes. Natural gas producers, meanwhile, last month also paid $305 million in state taxes.

Further, the association calls attention to projections showing domestic oil and gas production will continue to rise. Oil output in the Permian Basin is forecasted to hit a record 5.68 million barrels per day (bpd) this month, according to the U.S. Energy Information Administration (EIA). In the Eagle Ford Shale in South Texas, oil output in March is also anticipated to reach 1.18 million bpd. Overall, U.S. crude oil production in March will top 9.36 million bpd, forecasts the EIA. Domestic natural gas production also remains strong. In the Permian Basin, natural gas output will hit 22.2 billion cubic feet per day (bcf/d) this month, while production of natural gas in the Eagle Ford Shale is forecasted to grow to 7.422 bcf/d. Altogether, EIA forecasts natural gas production in the United States to total 96.6 bcf/d in March.

“There continues to be a strong demand for talent in the Texas oil and natural gas industry in line with growing exploration and production activity in the state and rising demand for our product,” said Ed Longanecker, president of TIPRO. “Our industry is one of the only remaining sectors in the country that provides a pathway for the middle-class to support their families, something we must preserve. Policy decisions being made at the state and federal level should not hinder an industry that is critical to our state, country and allies abroad from an economic and energy security perspective,” concluded Longanecker.

For more detailed analysis on the economic impact of oil and natural gas, review TIPRO’s "2023 State of Energy Report" here.

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TIPRO Releases “2023 State of Energy Report”

Mon, 30 Jan 2023 13:00:00 GMT

Data Shows Texas Reached New Record for Natural Gas Production in 2022

Austin, Texas - The Texas Independent Producers & Royalty Owners Association (TIPRO) today released the eighth edition of its “State of Energy Report,” offering a detailed analysis of national and state trends in oil and natural gas employment, wages and other key economic factors for the energy industry in 2022. TIPRO’s “State of Energy Report” series was developed to quantify and track the economic impact of domestic oil and natural gas production with an emphasis on the state of Texas.

“Despite facing a number of unique challenges, including supply chain bottlenecks, inflationary pressures, workforce shortages and an adversarial federal policy environment, the U.S. oil and gas industry continued to offer significant economic support in 2022,” said Jud Walker, chairman of TIPRO and president and CEO of EnerVest, Ltd. “Oil and natural gas development, led by Texas operators, will play an important role in meeting growing global energy demand for decades to come under any realistic scenario,” added Walker.

According to TIPRO, the industry supported a total of 948,943 direct jobs in the U.S. last year, with total direct and indirect jobs tied to the industry exceeding 19 million. The U.S. oil and natural gas sector paid a national annual wage averaging $120,665 during 2022, 74 percent higher than average private sector wages. Payroll in the U.S. oil and gas industry meanwhile totaled $114 billion and direct Gross Regional Product (GRP) was $854 billion in 2022, or approximately 3 percent of the U.S. economy. Additionally, total U.S. goods and services purchased in 2022 by the oil and natural gas industry exceeded $744 billion from over 900 business sectors, notes TIPRO.

In Texas, the oil and gas industry once again led the nation in industry employment last year, accounting for 37 percent of all oil and gas employment in the nation, as outlined in the association’s new report. The industry supported a total of 347,828 direct jobs in Texas in 2022, with total direct and indirect employment of 2.6 million. Direct GRP for Texas oil and gas equaled $322 billion in 2022, or 16 percent of the state economy. Total U.S. goods and services purchased by the Texas oil and natural gas industry surpassed $264 billion last year, 82 percent of which came from Texas businesses.

TIPRO reports that Texas also broke a new record in natural gas output last year with over 11.2 trillion cubic feet (Tcf) of gas produced. Production in the Lone Star State is helping to change the world by providing access to this foundational, low-carbon fuel source. Last year, the U.S. also drastically increased its liquified natural gas (LNG) exports to Europe as the continent's energy crisis intensified. In fact, 74 percent of all U.S. exports went to Europe in the first of half of 2022. In that same period in 2021, exports to Europe only represented 34 percent of U.S. LNG exports.

In addition, during 2022, the Lone Star State again was the nation's top oil producer, supplying 1.83 billion barrels of oil to energy markets last year, according to TIPRO.

“The Texas oil and natural gas industry remains a cornerstone of our state economy, and a critical source of energy security for our country and allies abroad,” said Ed Longanecker, president of TIPRO. “TIPRO will continue to work with our members and policy leaders to maintain a business and regulatory environment that supports the responsible development of oil and natural gas for the benefit of Texans, the United States and our allies abroad,” added Longanecker.

What does Oil & Gas mean for Texas?

Texas led the nation in oil and gas jobs with 347,828 people employed in this industry. Approximately 37 percent of all oil and gas jobs nationwide were located in Texas last year.
When incorporating direct, indirect, and induced multipliers for oil and gas employment, the industry supported a total of 2.6 million jobs in Texas last year.
Texas was the leading state by employment in every single sector in 2022, with the exception of Natural Gas Distribution (California).
Oil and gas jobs in Texas paid an annual average wage of $139,061, 103 percent more than the average private sector job in the state. The highest average industry wages were in Alaska last year ($169,018). South Dakota had the lowest average oil and gas wages in the country ($74,665).
Texas had the highest oil and gas payroll in the country in 2022 ($48 billion), with California coming in at a distant second ($11 billion), then Louisiana ($7.6 billion).
Texas had the highest number of oil and gas businesses in the nation last year with 12,306. This was three times the number of oil and gas businesses than second-ranked Oklahoma.
Oil production in Texas was 1.83 billion barrels in 2022. New Mexico had the second highest oil production with 534 million barrels, followed by North Dakota with 393 million barrels produced.
Texas led the country in natural gas production with a record 11.2 Tcf produced in 2022, followed by Pennsylvania with 7.6 Tcf.
Texas had the highest rig count in the country in 2022 with an average of 380 active rigs. The number of rigs in Texas increased from 332 in January 2022 to 410 in December 2022.
In 2022, total direct Gross Regional Product for the Texas oil and natural gas industry was $322 billion, or 16 percent of the Texas economy. Once the typical multiplier for Gross Regional Product is incorporated, the Texas oil and natural gas industry supported 40 percent of the Texas economy.
The Texas oil and natural gas industry purchased U.S. goods and services in the amount of $264 billion, 82 percent of which came from Texas businesses.
The Texas oil and natural gas industry paid a record $24.7 billion in state taxes and state royalty payments in 2022.
Supplemental analysis for Gasoline Stations with Convenience Stores represents an additional 81,078 jobs and $3 billion Gross Regional Product in Texas last year.

The “State of Energy Report” series is published exclusively by TIPRO. A full list of the data sources used to develop this analysis can be viewed in the methodology section of the report.

Visit https://bit.ly/TIPRO2023StateofEnergy to download a copy of TIPRO’s new "State of Energy Report."

TIPRO Highlights Continued Upstream Employment Growth in December

Fri, 20 Jan 2023 16:30:00 GMT

According to TIPRO’s analysis, direct Texas upstream employment for December 2022 totaled 211,200, an increase of 1,300 jobs from November employment numbers, subject to revisions. Texas upstream employment in December 2022 represented the addition of 36,100 positions compared to December 2021, including an increase of 7,000 jobs in oil and natural gas extraction and 29,100 jobs in the services sector. The average monthly gain in Texas upstream employment last year was 3,127.

TIPRO’s new employment data also indicated a significant rise in job postings for the upstream, midstream and downstream industries for the month of December. According to the association, there were 14,482 active unique jobs postings for the Texas oil and natural gas industry in December, including 6,953 new job postings added in the month by companies.

Among the 14 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations continued to lead in the rankings for unique job listings in December with 4,526 postings, followed by Crude Petroleum Extraction (1,982), and Petroleum Refineries (1,418). The leading three cities by total unique oil and natural gas job postings were Houston (5,688), Midland (1,217) and Odessa (677), said TIPRO.

The top three companies ranked by unique job postings in December were John Wood Group with 820 positions, Baker Hughes (816) and KBR (576), according to TIPRO. Of the top ten companies listed by unique job postings last month, six companies were in the services sector, followed by two companies in oil and natural gas extraction and two midstream companies.

Top posted industry occupations for December included heavy tractor-trailer truck drivers (604), managers (414) and maintenance and repair workers (334). Top qualifications for unique job postings included Commercial Driver's License (CDL) (492), CDL Class A License (427) and Master of Business Administration (230). TIPRO reports that 44 percent of unique job postings required a bachelor’s degree, 34 percent a high school diploma or GED, and 23 percent had no education requirement listed as part of the criteria.

There were 1,758 advertised salary observations, or 12 percent of total oil and natural gas job postings, with a median salary of $52,200. Based on TIPRO’s new full year analysis for 2022, the average annual wage for the Texas oil and natural gas industry was $139,000, with average wages for the Texas upstream sector exceeding $145,000 last year.

When further examining the economic impact of the sector, TIPRO says direct Gross Regional Product (GRP), which is essentially Gross Domestic Product (GDP) for a region of study, for the Texas oil and natural gas industry was $315 billion in 2022, representing 14 percent of the state economy. Texas upstream industry direct GRP exceeded $157 billion last year. TIPRO says indirect employment tied to the Texas oil and natural gas industry also increased in 2022. When calculating direct, indirect, and induced employment for the upstream sector, for every position in Crude Petroleum Extraction, eight jobs are created in other industries, followed by Natural Gas Extraction (seven jobs), Drilling Oil and Gas Wells (two jobs) and Support Activities for Oil and Gas Operations (two jobs).

TIPRO also highlights recent data released from the Texas comptroller’s office showing production taxes paid by the oil and natural gas industry to the state of Texas generated $887 million in tax revenue in December. According to the comptroller’s data, in December, Texas oil producers paid $516 million in production taxes, up 15 percent from December 2021. Natural gas producers, meanwhile, last month also paid $371 million in state taxes.

Additionally, TIPRO reports that oil and gas production is on track to continue to rise in the months to come. Oil output in the Permian Basin is forecasted to grow by 30,000 barrels per day (bpd) to hit a record 5.635 million bpd in February, according to the U.S. Energy Information Administration (EIA). In the Eagle Ford Shale in South Texas, oil output will also go up next month to total 1.213 million bpd. Overall, U.S. crude oil production is expected to go up by 76,000 bpd and will top 9.375 million bpd in February, projects the EIA. Natural gas production in the Permian Basin will also rise by 109 million cubic feet per day (Mmcf/D) and will hit record highs in January at 21.72 billion cubic feet per day (bcf/d). Natural gas output in the Eagle Ford Shale is also forecasted to reach 7.4 bcf/d in February, up 46 Mmcf/d from projected January levels. Altogether, EIA forecasts natural gas production in the United States to grow to 96.656 bcf/d in February.

“The oil and natural gas industry continues to have a tremendous impact on our state economy, providing high paying jobs and billions of dollars annually in taxes to support infrastructure investments, education and other essential services,” said Ed Longanecker, president of TIPRO. “We look forward to working with policymakers during the 88^th Texas Legislative Session to fund programs that will help drive further growth in our sector for the benefit of our state, including road repair and maintenance in energy producing areas, seismicity research and produced water pilot projects,” concluded Longanecker.

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Texans for Natural Gas Releases Annual Methane Intensity Analysis, Finding Significant Reductions in Permian Basin

Wed, 21 Dec 2022 16:00:00 GMT

Austin, Texas - Texans for Natural Gas (TNG), a project of the Texas Independent Producers and Royalty Owners Association (TIPRO), released its annual methane emissions intensity analysis today, finding the Permian Basin’s rate has fallen by more than 76 percent from 2011 to 2021, even as production increased by over 345 percent in the same period. Year over year, from 2020 to 2021, methane intensity in the Permian fell by 20 percent – a significant reduction over the course of just one year.

The analysis, Permian Basin Producers: Charting A Cleaner Energy Future, is TNG’s fourth report on methane and flaring intensity in the Permian Basin. The report utilizes data from the World Bank, Energy Information Administration (EIA), Environmental Protection Agency (EPA) and Rystad Energy to show how Permian producers are leading the world when it comes to responsibly meeting the world’s growing energy demand.

Report Highlights:

METHANE INTENSITY CONTINUES DOWNWARD TREND: Between 2011 and 2021, methane emissions intensity fell by more than 76 percent in the Permian Basin. Since 2011, total oil and gas production in the Permian has increased by over 345 percent.
FLARING INTENSITY DECLINED: Flaring intensity in the Permian Basin decreased by over 34 percent from 2020 to 2021. Texas as a whole has also dramatically reduced its flaring intensity. Between 2020 to 2021, the state reduced its flaring intensity by 60 percent.
PERMIAN CLEANER THAN GLOBAL COMPETITORS: The Permian Basin stands apart from other global producers not only because of its prolific production, but by remaining well below the flaring intensity of other global producers. In 2021, when compared to the Permian, flaring intensity was 2,621 percent higher in Venezuela, and 339 percent higher in Russia.
PERMIAN MAKING MORE FLARING PROGESS THAN GLOBAL COMPETITORS: Not only is the Permian a leader in low flaring intensity, but it is also helping the U.S. make more progress than any other country in the world. Of the top 10 countries by flared volumes, the United States has made the most progress in reducing its emissions. From 2019 to 2021, the United States has cut flared volumes almost in half – a 49.3 percent decrease.

“Texas’ role as a global energy leader extends well beyond just volumes,” said Ed Longanecker, TIPRO president and TNG spokesperson. “Our state, and the Permian specifically, produces some of the world’s cleanest natural gas. That matters more than ever today, as global unrest is creating energy challenges everywhere. We have what it takes to power the homes, businesses and industries of Americans and our allies. Leaders at home and abroad should take note of the progress Texas producers have made in methane and flaring intensity as they develop policies impacting our industry.”

Intensity – or the amount of methane emitted or flared per barrel of oil equivalent produced – is used as a reliable metric by many organizations across the globe, including the World Bank, the International Energy Agency (IEA) and ONE Future.

The full report can be found here.

TIPRO Highlights Continued Upstream Employment Growth in November

Fri, 16 Dec 2022 15:30:00 GMT

According to TIPRO’s analysis, direct Texas upstream employment for November 2022 totaled 209,900, an increase of 2,600 jobs from October employment numbers, subject to revisions. Texas upstream employment in November 2022 represented the addition of 37,600 positions compared to November 2021, including an increase of 7,900 jobs in oil and natural gas extraction and 29,700 jobs in the services sector.

Based on the top three occupations by standard occupational classification, oil and gas roustabouts make up approximately 5 percent of the Texas oil and natural gas industry workforce, followed by first-line supervisors of construction trades and extraction workers (4 percent) and oil and gas service unit operators (4 percent). When calculating direct, indirect, and induced employment for the upstream sector, for every position in Crude Petroleum Extraction, five jobs are created in other industries, followed by Natural Gas Extraction (four jobs), Drilling Oil and Gas Wells (two jobs) and Support Activities for Oil and Gas Operations (two jobs).

TIPRO in its analysis once again noted strong job posting data for upstream, midstream and downstream industries for the month of November. According to the association, there were 11,111 active unique jobs postings for the Texas oil and natural gas industry in November, including 3,596 new job postings added in the month by companies.

Among the 14 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations continued to dominate the rankings for unique job listings in November with 3,433 postings, followed by Crude Petroleum Extraction (1,523), and Petroleum Refineries (1,137), indicating a continued emphasis on increasing exploration and production activities in the state. The leading three cities by total unique oil and natural gas job postings were Houston (4,299), Midland (933) and Odessa (524), said TIPRO.

The top three companies ranked by unique job postings in November were John Wood Group with 586 positions, Baker Hughes (541) and KBR (412), according to TIPRO. Of the top ten companies listed by unique job postings last month, six companies were in the services sector, followed by two companies in oil and natural gas extraction and two midstream companies.

There were 1,234 advertised salary observations, or 11 percent of total oil and natural gas job postings, with a median salary of $52,600. Based on TIPRO’s analysis, the average annual wage for the Texas oil and natural gas industry is $132,000, with average wages for the Texas upstream sector exceeding $139,000 per year.

Top posted industry occupations for November included heavy tractor-trailer truck drivers (497), managers (309) and computer occupations (226). Top qualifications for unique job postings included Commercial Driver's License (CDL) (403), CDL Class A License (346) and Tanker Endorsement (143). When analyzing education requirements for unique industry job postings last month, TIPRO reports that 44 percent required a bachelor’s degree, 34 percent a high school diploma or GED, and 23 percent had no education requirement listed as part of the criteria.

TIPRO also highlights new data released from the Texas comptroller’s office showing production taxes paid by the oil and natural gas industry to the state of Texas generated $980 million in tax revenue in November. According to the comptroller’s data, in November, Texas oil producers paid $570 million in production taxes, up 19 percent from November 2021. Natural gas producers, meanwhile, last month also paid $410 million in state taxes, up 41 percent from November 2021. Funding from oil and natural gas production taxes is used to directly support Texas schools, roads, infrastructure and other essential services.

Additionally, TIPRO reports that oil and gas production is anticipated to continue to grow in the coming months. Oil output in the Permian Basin is forecasted to hit a record 5.58 million barrels per day (bpd) in January of 2023, according to the U.S. Energy Information Administration (EIA). In the Eagle Ford Shale in South Texas, oil output will rise by 10,000 bpd next month to total 1.24 million bpd. Overall, U.S. crude oil production is expected to go up by 94,000 bpd and will top 9.319 million bpd in January, projects the EIA. Natural gas production in the Permian Basin will also rise by 119 million cubic feet per day (Mmcf/D) and will hit record highs in January at 21.39 billion cubic feet per day (bcf/d). Natural gas output in the Eagle Ford Shale is also forecasted to reach 7.46 bcf/d in January, up 69 Mmcf/d from projected December levels. Altogether, EIA forecasts natural gas production in the United States to grow to 96.28 bcf/d in the first month of the new year.

“TIPRO’s labor analysis continues to show a high demand for employees in the Texas oil and natural gas industry,” commented Ed Longanecker, president of TIPRO. “Ensuring that we have an adequate pool of available talent to fill current and future positions in our sector will be critical to supporting economic growth in our state and providing energy security to our country and allies abroad,” concluded Longanecker.

New Report: American LNG Rises to Meet European Demand

Tue, 08 Nov 2022 17:37:42 GMT

Austin, Texas - Today, Texans for Natural Gas (TNG), an education campaign of the Texas Independent Producers and Royalty Owners Association (TIPRO), released a new report on how over the past year U.S. natural gas has provided an essential lifeline to Europe amid Russian aggression. The report, “Delivering Energy Security: Texas LNG Is Helping Keep Europe’s Lights On,” examines liquefied natural gas (LNG) export trends following Russia’s invasion of Ukraine and the subsequent European energy crisis.

“Texas energy – from our wells in West Texas to our ports along the Gulf of Mexico – enabled America to meet European gas needs in a time of crisis,” said Ed Longanecker, president of TIPRO and spokesperson for TNG. “This report truly illustrates the critical importance of energy security. Without American natural gas, Europe would have been at the mercy of aggressive foreign powers.”

Key takeaways from the new report include:

America drastically increased its LNG exports to Europe: 74 percent of all U.S. exports went to Europe in the first of half of 2022. In that same period in 2021, exports to Europe only represented 34 percent of U.S. LNG exports.
America shifted LNG exports from Asia to Europe: In June 2021, the top two destinations for U.S. LNG exports were South Korea and China, respectively. In June 2022, the top two destinations for U.S. LNG exports were France and the Netherlands.
Europe turned away from Russian natural gas: There was a 40 percent decrease in Russian piped natural gas to the EU and UK from January to July 2022.
Texas helps drive U.S. natural gas production: About a quarter of U.S. natural gas is produced in Texas.
Texas ports, like Corpus Christi, provided essential infrastructure to meet European demand: 90.1 million tons of LNG moved through Port of Corpus Christi in the first half of 2022.
Texas export facilities will feed future European demand: About 96 percent of planned U.S. LNG export capacity will be located in the Gulf of Mexico and supplied largely by Texas natural gas.

The complete report can be found here.

TIPRO Analysis Shows Oil & Gas Industry Adding More Jobs, as Texas Continues to Play Critical Role Meeting Energy Demand

Fri, 21 Oct 2022 15:00:00 GMT

Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing continued growth in monthly employment for the Texas upstream sector. According to TIPRO’s analysis, direct Texas upstream employment for September 2022 totaled 202,900, an increase of 900 jobs from August employment numbers. Texas upstream employment in September 2022 represented the addition of 34,900 positions compared to September 2021, including an increase of 8,800 in oil and natural gas extraction and 26,100 jobs in the services sector.

TIPRO once again noted strong job posting data for upstream, midstream and downstream sectors for the month of September. According to the association, there were 11,382 active unique jobs postings for the Texas oil and natural gas industry in September, including 3,600 new job postings added in the month. While posting data remained strong, job growth slowed in September compared to previous months, likely due to a workforce shortage facing the industry.

Among the 14 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations continued to dominate the rankings for unique job listings in September with 3,066 postings, followed by Crude Petroleum Extraction (1,558), and Petroleum Refineries (1,108), indicating a continued emphasis on increasing exploration and production activities in the state. The leading three cities by total unique oil and natural gas job postings were Houston (4,181), Midland (1,028) and Odessa (541), said TIPRO.

The top three companies ranked by unique job postings in September were Baker Hughes with 602 positions, Energy Transfer (498) and KBR (435), according to TIPRO’s analysis. Of the top ten companies listed by unique job postings last month, five companies were in the services sector, followed by three companies in oil and natural gas extraction and two midstream companies.

Top posted industry occupations for September included heavy tractor-trailer truck drivers (620), managers (322) and maintenance and repair workers (265). Top qualifications for unique job postings included Commercial Driver's License (CDL) (515), CDL Class A License (436) and Bachelor of Science in Business (173). When analyzing education requirements for unique industry job postings last month, TIPRO reports that 44 percent required a bachelor’s degree, 35 percent a high school diploma or GED, and 23 percent had no education requirement listed as part of the criteria.

TIPRO also highlights new data released from the Texas comptroller’s office showing production taxes paid by the oil and natural gas industry to the state of Texas generated over $1 billion in tax revenue in September. According to the comptroller’s data, in September, Texas oil producers paid $552 million in production taxes, up 41 percent from September 2021. Natural gas producers, meanwhile, last month paid $480 million in state taxes, up 91 percent from September 2021.

Additionally, TIPRO reports that oil output in the Permian Basin is forecasted to jump by 50,000 barrels per day (bpd) to a record 5.453 million bpd in November, according to the U.S. Energy Information Administration (EIA). In the Eagle Ford Shale in South Texas, oil output will rise by 18,000 bpd to hit 1.226 million bpd in November, the formation's highest production level since April 2020. Overall, U.S. crude oil production is expected to go up by 104,000 bpd, topping 9.105 million bpd in November, the country's highest output since March 2020, projects the EIA.

Ed Longanecker, president of TIPRO, said the following: "We continue to see employment and production growth, and high demand for available workers in the Texas oil and natural gas industry despite the many challenges facing producers today. OPEC’s oil output cuts and geopolitical conflicts also make clear why it is so important for the U.S. to encourage domestic production and to continue exporting our resources into the global market. Continued investment in energy infrastructure, like LNG export terminals, pipelines and refineries, is also essential to meeting global energy needs. It's past time to stop using short-sighted ploys to stabilize prices and develop a long-term strategy to address our growing energy needs in coordination with Texas oil and gas producers who are ready to meet this challenge."

"Moreover, constantly pointing the finger at energy producers will not lower global prices," Longanecker continued. "Oil and gas companies are price takers, not price makers. Global energy markets determine the costs of petroleum products. Policies that get to the root of the problem and address U.S. supply of oil and gas resources are what America really needs. This includes tackling production variables, such as streamlining permitting processes for additional infrastructure or increasing onshore and offshore development opportunities."

TIPRO Statement on OPEC Production Cut

Wed, 05 Oct 2022 15:45:00 GMT

Austin, Texas - Today, OPEC+ agreed to its deepest production cuts since 2020 when COVID-19 dramatically impacted global demand for oil and natural gas. The decision comes less than three months after President Biden visited Saudi Arabia in an effort to encourage OPEC countries to increase production. The following statement can be attributed to Ed Longanecker, president of the Texas Independent Producers and Royalty Owners Association (TIPRO):

“OPEC’s oil output cuts make clear once again why it is so important for the U.S. to encourage domestic oil and gas production and to continue exporting our resources into the global market. Without Texas oil, the impact of OPEC's cuts would be far greater on prices, U.S. consumers and the current energy crisis facing our allies abroad. This year, President Biden implored OPEC to increase production numerous times, while concurrently undercutting domestic production with policies that hinder oil and gas development. It has become painfully evident that we must develop coherent policy to support growing energy demand. Policymakers and this administration must work with the U.S. oil and natural gas industry to support investments in energy infrastructure and domestic production so we are no longer reliant on OPEC and hostile regimes that use energy as a political weapon.”

TIPRO Analysis Show Continued Growth in Upstream Jobs and Record Levels of Production and Severance Taxes

Thu, 15 Sep 2022 18:30:00 GMT

Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing continued growth in monthly employment for the Texas upstream sector. According to TIPRO’s analysis, direct Texas upstream employment for August 2022 totaled 201,700 an increase of 2,600 jobs from adjusted July employment numbers. Texas upstream employment in August 2022 represented an increase of 33,400 positions compared to August 2021, including an increase of 8,200 in oil and natural gas extraction and 25,200 jobs in the services sector.

TIPRO once again noted strong job posting data for upstream, midstream and downstream sectors for the month of August. According to the association, there were 11,909 active unique jobs postings for the Texas oil and natural gas industry in August, including 3,906 new job postings added in the month.

Among the 14 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations continued to dominant the rankings for unique job listings in August with 3,115 postings, followed by Crude Petroleum Extraction (1,486), and Petroleum Refineries (1,178), indicating a continued emphasis on increasing exploration and production activities in the state. The leading three cities by total unique oil and natural gas job postings were Houston (4,344), Midland (1,225) and Odessa (549), said TIPRO.

The top three companies ranked by unique job postings in August were Baker Hughes with 714 positions, KBR (481) and Energy Transfer (412), according to TIPRO’s analysis. Of the top ten companies listed by unique job postings last month, five companies were in the services sector, followed by three companies in oil and natural gas extraction and two midstream companies.

Top posted industry occupations for August included heavy tractor-trailer truck drivers (648), managers (344) and maintenance and repair workers (268). Top qualifications for unique job postings included Commercial Driver's License (790), Master of Business Administration (195) and Tanker Endorsement (185). When analyzing education requirements for unique industry job postings last month, TIPRO reports that 44 percent required a bachelor’s degree, 34 percent a high school diploma or GED, and 24 percent had no education requirement listed as part of the criteria.

TIPRO also highlights new data released from the Texas comptroller’s office showing production taxes paid by the oil and natural gas industry to the State of Texas reached a record $10.83 billion for FY 2022. Strong growth in August came from receipts remitted by the oil and gas mining sector, which were up by nearly 80 percent compared with a year ago.

Additionally, TIPRO reports that oil and gas output in Texas is on track to reach new production records next month. Experts with the U.S. Energy Information Administration (EIA) forecast that oil production in the Permian Basin, the most nation's most prolific shale oil basin, will rise 66,000 barrels per day (bpd) to a record 5.41 million bpd in October. Oil production in the Eagle Ford Shale in South Texas is also expected to increase 26,000 bpd in October, reaching 1.25 million bpd. Further, natural gas production will rise in the Permian to record highs of 20.74 billion cubic feet per day (bcfd), according to the EIA, and in the Eagle Ford, natural gas production will grow to 7.22 bcfd.

“The continued growth in the Texas oil and natural gas industry, and its critical role in strengthening energy security for our country and allies abroad, is truly extraordinary,” said Ed Longanecker, president of TIPRO. “Our organization and members remain committed to advancing energy policies at all levels of government to support domestic oil and natural gas production to meet growing global demand, and we applaud the millions of hardworking Americans in the energy sector," concluded Longanecker.

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About TIPRO

TIPRO President and Members Visit Cheniere LNG Export Facility, Port of Corpus Christi to Promote U.S. Energy Infrastructure

Thu, 15 Sep 2022 12:00:00 GMT

September 15, 2022

Texas Independent Producers & Royalty Owners Association (TIPRO) President, Ed Longenecker, and member companies will visit Cheniere’s liquified natural gas (LNG) export facility and the Port of Corpus Christi on Thursday, September 15 to promote the importance of domestic oil and natural gas production, energy infrastructure, and petroleum exports.

with access to abundant, affordable gas produced in Texas by TIPRO member companies, the Cheniere liquefaction facility is supplying the growing global energy demand for new sources of reliable, cleaner energy solutions. TIPRO will tour the facility responsible for the liquefaction of natural gas, which is loaded onto double-hulled ships and exported to markets abroad. TIPRO also continues to engage with policymakers at the state and federal level to stress the significant role that domestic oil and natural gas production plays in meeting growing energy demand here and abroad. The group is joined by state officials today in Corpus Christi.

“As the largest producer of oil and natural gas in the United States, and home to the country’s leading LNG exporter and a robust network of ports, Texas is uniquely positioned to supply the energy needed to meet growing global demand,” said Ed Longanecker, President of TIPRO. “Energy security has never been more critical, and our policy decisions must reflect the need for regulatory certainty to support long-term investments in production and energy infrastructure,” added Longanecker.

The rise in American energy independence culminated in the United States becoming a net exporter of natural gas in 2016, eventually reaching 11.2 billion cubic feet per day (bcf/d) in the first half of 2022. The Port of Corpus Christi alone moved a record 90.1 million tons of energy product in the first six months of this year, ranking it second largest in total LNG exports. Exports are projected to continue to grow due to increased global demand.

Texas remains the leading producer of natural gas in the U.S., producing roughly a quarter of the nation’s natural gas. And production in the Lone Star State is helping to change the world by providing access to this foundational, low carbon fuel source. According to Texans for Natural Gas’ report on Texas LNG, the LNG leaving Corpus Christi’s port emits 50 percent less CO₂ than coal when used for power generation in countries like China, India, and Germany, and boasts a 143 percent lower flaring intensity than Russia, who typically supplies these countries.

Natural gas has accounted for almost one-third of total global energy demand and growth over the last decade, surpassing all other fuels. The increased demand for American natural gas has become more pronounced after President Biden promised additional shipments to allies abroad. Last year’s pipeline completions in the Permian alone added an additional 2.1 bcf/d to Texas’ capacity, but if the state is to continue supplying allies with much-needed natural gas, more pipelines must be built. Increased pipeline capacity would help the Basin continue to reduce its methane emissions intensity by quickly moving natural gas away from production areas to domestic customers and LNG facilities.

Cheniere is responding to the rise in global demand for LNG by expanding its Texas facility to add more than 10 million metric tons per year of capacity. With the investments Cheniere is making and robust infrastructure and pipeline growth to handle the increased production in Texas’ Permian Basin, the United States can ship larger amounts of lower-carbon LNG across the world, addressing growing energy needs and helping to reduce emissions.

At TIPRO Conference, Congressional Leaders and Texas Officials Highlight Policy Priorities Facing the State's Oil and Gas Industry

Mon, 29 Aug 2022 14:00:00 GMT

Austin, Texas -- Texas leaders reviewed the largest regulatory, legislative and legal priorities for oil and natural gas producers during the Texas Independent Producers & Royalty Owners Association's (TIPRO) annual Summer Conference hosted last week on August 24-25 in San Antonio. Four congressional members, including U.S. Representatives Vicente Gonzalez (TX-15), Mayra Flores (TX-34), Tony Gonzales (TX-23) and August Pfluger (TX-11), provided remarks at the association's event, along with Texas Lieutenant Governor Dan Patrick, Texas Railroad Commissioner Jim Wright, Deputy First Assistant Attorney General Grant Dorfman, industry executives from Devon Energy and Satelytics as well as other oil and gas experts.

”TIPRO was proud to welcome an impressive lineup of distinguished officials and private sector executives at its two-day conference, which covered a wide-range of topics, including policy priorities for the state's energy sector, leading oilfield innovations and a comprehensive market outlook for the oil and natural gas industry,” said TIPRO Chairman Jud Walker, who also serves as president and CEO of EnerVest Ltd. “TIPRO has continued to have a strong tradition of bringing industry experts, policymakers and its members together to stay abreast of the latest issues and trends facing the upstream sector. Thank you to all of the speakers, sponsors and attendees for this year’s event,” added Walker.

Participating in a moderated discussion with Walker, Clay Gaspar, executive vice president and chief operating officer for Devon Energy, helped kick off the association's conference. Devon Energy, which recently announced plans to expand the company's footprint in the Eagle Ford Shale in South Texas, also notably merged with WPX Energy in 2020. Gaspar highlighted Devon's strategy to pursue the accretive transactions, and also spoke of general conditions across the industry that are expected to lead to more consolidation, which he observed would address "natural inefficiencies" in the upstream, midstream and service sectors.

In addition, at the association's Summer meeting, Railroad Commissioner Wright told TIPRO's audience about regulatory work underway at the commission. Wright highlighted rulemakings that are being developed to improve weatherization and emergency preparation measures for critical facilities, which come after Winter Storm Uri impacted Texas in 2021. Commissioner Wright also reviewed with the association other leading industry challenges and regulatory concerns, including the agency's response to seismic activity occurring near oil and gas basins, expanding well plugging remediation efforts in Texas, ongoing emission reductions by oil and natural gas producers and declining flaring rates in Texas.

With the state's 88^th Legislative Session only a few months away, Lieutenant Governor Patrick also offered an update to TIPRO about interim legislative work at the state capitol that will shape the next legislative cycle in Texas. The lieutenant governor championed policies like Senate Bill 13, adopted by lawmakers during the last legislative session, that prohibits state offices from investing with banking institutions found to be boycotting energy companies or entities involved in the fossil-fuel based energy sector. The lieutenant governor promised to continue to fight for policies that will prioritize and protect the state's thriving oil and gas industry as well as maintain a strong business environment and cut red tape.

Afternoon presentations from Congressman Gonzalez and Congresswoman Flores meanwhile centered on federal policies of relevance to independent producers and royalty owners, including the recently passed Inflation Reduction Act, H.R. 5376, that was signed into law by President Joe Biden earlier this month. During their speeches, both congressional lawmakers affirmed the importance of domestic energy production and said more must be done by Congress and the Biden Administration to enable the nation's oil and gas sector to grow.

Grant Dorfman, deputy first assistant attorney general, also informed members of TIPRO about legal challenges pursued by the Texas attorney general's office in defense of Texas' energy industry. Such efforts have escalated significantly over the past year as the state government fights to protect the Texas oil and gas industry from federal overreach by the Biden Administration. Dorfman specifically highlighted lawsuits filed against the Environmental Protection Agency and U.S. Department of Interior to stop excessive and intrusion regulation by the federal government, which he said were designed to "end fossil fuels."

Other presenters at the TIPRO Summer Conference last week, including Satelytics CEO Sean Donegan and Marshall Adkins, head of energy for Raymond James, provided other meaningful insights on unique oilfield innovations, as well as expectations for oil and natural gas markets.

"TIPRO's Summer Conference featured many important and captivating conversations centered around the ever-changing policy environment for the Texas oil and natural gas industry," said Ed Longanecker, president of TIPRO. "We appreciate the commentary from our speakers allowing the members of TIPRO and other industry stakeholders to better understand many of the timely issues facing E&P companies and independent oil and gas producers today."

"TIPRO throughout the year provides relevant programs and industry forums allowing energy professionals to learn, engage and network," continued Longanecker. "Forward momentum for the Texas energy sector will require continued collaboration, innovation and leadership. TIPRO is pleased to offer opportunities that support these partnerships and ongoing efforts to promote the essential work of our state's oil and natural gas industry."

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New TIPRO Analysis Shows Texas Upstream Job Growth Continues While Oil and Gas Industry Again Pays Record-Breaking Taxes

Fri, 19 Aug 2022 15:30:00 GMT

New TIPRO Analysis Shows Texas Upstream Job Growth Continues While Oil and Gas Industry Again Pays Record-Breaking Taxes

August 19, 2022

Austin, Texas - As drilling activity in Texas continues to increase, so are job levels for the state's oil and natural gas industry. Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing significant growth in monthly employment for the Texas upstream sector. According to TIPRO’s analysis, direct Texas upstream employment for July 2022 totaled 202,800, an increase of 6,800 jobs from June employment numbers. Texas upstream employment in July 2022 represented an increase of 35,400 positions compared to July 2021, including an increase of 8,600 in oil and natural gas extraction and 26,800 jobs in the services sector.

The Houston metropolitan area, the largest region in the state for industry employment, showed an increase of 2,000 upstream jobs last month compared to June, for a total of 68,800 direct positions, according to TIPRO. Houston metro upstream employment in July 2022 represented an increase of 11,000 jobs compared to July 2021, including an increase of 5,200 in oil and natural gas extraction and 5,800 jobs in the services sector.

TIPRO once again noted strong job posting data for upstream, midstream and downstream sectors for the month of July. According to the association, there were 13,614 active unique jobs postings for the Texas oil and natural gas industry in July, an increase of nearly 10 percent compared to June numbers.

Among the 14 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations once again ranked the highest in July for unique job listings with 3,571 postings, followed by Oil and Gas Field Machinery and Equipment Manufacturing (1,674 postings), and Crude Petroleum Extraction (1,624 postings), indicating a continued emphasis on increasing exploration and production activities in the state. The leading three cities by total unique oil and natural gas job postings were Houston (4,864), Midland (1,383) and Odessa (639), said TIPRO.

The top three companies ranked by unique job postings in July were Baker Hughes with 1,152 positions, KBR (486) and Weatherford International (451), according to TIPRO’s analysis. Of the top ten companies listed by unique job postings last month, five companies were in the services sector, followed by three companies in oil and natural gas extraction and two midstream companies.

Top posted industry occupations for July included heavy tractor-trailer truck drivers (752), managers (351) and software developers (340). Top qualifications for unique job postings included Commercial Driver's License (870), Master of Business Administration (250) and Bachelor of Science in Business (210). When analyzing education requirements for unique industry job postings last month, TIPRO reports that 43 percent required a bachelor’s degree, 34 percent a high school diploma or GED, and 26 percent had no education requirement listed as part of the criteria.

TIPRO also highlights new data released from the Texas comptroller’s office showing record levels of tax contributions paid by Texas oil and natural gas producers. In July, $694 million in oil production taxes were paid, 84 percent higher than July 2021. Texas energy producers also paid $532 million in natural gas production taxes for the same month, up 185 percent from last July. Both figures represented the highest monthly collections on record, continuing a trend of producers paying record amounts in taxes to the state. Oil and natural gas severance taxes support all aspects of the Texas economy, including roads and infrastructure investments, water conservation projects, schools and education, first responders and other essential public services.

Additionally, TIPRO reports that oil and gas output in Texas is on track to reach new production records in September. Experts with the U.S. Energy Information Administration (EIA) forecast that oil production in the Permian Basin, the most nation's most prolific shale oil basin, will rise 79,000 barrels per day (bpd) to a record 5.408 million bpd in September. Oil production in the Eagle Ford Shale in South Texas is also expected to increase 26,000 bpd in August, reaching 1.230 million bpd. Further, natural gas production will rise in the Permian to record highs of 20.58 billion cubic feet per day (bcfd), according to the EIA, and in the Eagle Ford, natural gas production will grow to 7.1 bcfd.

“The growth in July upstream employment once again illustrates a high demand for available talent in-line with increasing levels of exploration and production activities in the state to meet growing energy needs here and abroad," said Ed Longanecker, president of TIPRO. "Despite this growth, Texas operators face numerous challenges, including workforce shortages, supply chain disruptions and growing concerns over policy decisions coming from Washington, D.C. TIPRO remains committed to advancing energy policies at all levels of government to strengthen our nation's energy security and economic opportunities," concluded Longanecker.

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Texas Production and Severance Taxes Reach New Record, Upstream Employment Shows Significant Increase in June

Fri, 22 Jul 2022 16:00:00 GMT

Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a significant increase in monthly employment for the Texas upstream sector. According to TIPRO’s analysis, direct Texas upstream employment for June 2022 totaled 194,900, an increase of 6,100 jobs from May numbers, subject to revisions. Texas upstream employment in June 2022 represented an increase of 31,000 positions compared to June 2021, including an increase of 8,300 in oil and natural gas extraction and 22,700 jobs in the services sector.

The Houston metropolitan area, the largest region in the state for industry employment, showed an increase of 2,000 upstream jobs last month compared to May, for a total of 67,000 direct positions, according to TIPRO. Houston metro upstream employment in June 2022 represented an increase of 10,000 jobs compared to June 2021, including an increase of 4,400 in oil and natural gas extraction and 5,600 jobs in the services sector.

TIPRO once again noted strong job posting data for upstream, midstream and downstream sectors for the month of June. According to the association, there were 12,391 active unique jobs postings for the Texas oil and natural gas industry in June, an increase of 6 percent compared to May numbers.

Among the 14 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations once again ranked the highest in June for unique job listings with 3,247 postings, followed by Oil and Gas Field Machinery and Equipment Manufacturing (1,547 postings), and Crude Petroleum Extraction (1,431 postings), indicating a continued emphasis on increasing exploration and production activities in the state. The leading three cities by total unique oil and natural gas job postings were Houston (4,594), Midland (1,199) and Odessa (520), said TIPRO.

The top three companies ranked by unique job postings in May were Baker Hughes with 1,073 positions, KBR (490) and Halliburton (436), according to TIPRO’s analysis. Of the top ten companies listed by unique job postings last month, six companies were in the services sector, followed by two companies in midstream and two in oil and natural gas extraction.

Top posted industry occupations for June included heavy tractor-trailer truck drivers (627), software developers and software quality assurance analysts and testers (335) and personal service managers (313). Top qualifications for unique job postings included Commercial Driver's License (687), Master of Business Administration (221) and Bachelor of Science in Business (182). When analyzing education and experience requirements for unique industry job postings last month, TIPRO reports that 42 percent required a bachelor’s degree, 34 percent a high school diploma or GED, and 8 percent listed a master’s degree as part of their criteria.

TIPRO also highlights new data released from the Texas comptroller’s office showing record levels of severance taxes paid by Texas oil and natural gas producers. In June, $679 million in oil production taxes were paid, an increase of $84 million compared to May and 87 percent higher than June 2021. Taxes paid by natural gas producers also reached a new record, with $439 million paid in June, an increase of $26 million compared to May and 176 percent higher than June 2021 numbers. TIPRO explains that oil and natural gas severance taxes support all aspects of the Texas economy, including roads and infrastructure investments, water conservation projects, schools and education, first responders and other essential public services.

Further, as announced recently by the Texas comptroller, elevated tax revenue driven by the oil and gas sector will give the state legislature more funding to use towards the state budget in 2023. According to the comptroller’s office, the state will have nearly $14 billion extra in funds available for general-purpose spending, money which will be used by lawmakers during the next legislative session to support legislative priorities and other important needs in Texas.

TIPRO reports that oil and gas output in Texas is projected to experience further growth in the months to come. Experts with the U.S. Energy Information Administration (EIA) forecast that oil production in the Permian Basin, the most nation's most prolific shale oil basin, will rise 78,000 barrels per day (bpd) to a record 5.445 million bpd in August. Oil production in the Eagle Ford Shale in South Texas is also expected to increase 25,000 bpd in August, reaching 1.205 million bpd. Additionally, natural gas production will rise in the Permian to record highs of 20.5 billion cubic feet per day (bcfd), according to the EIA, and in the Eagle Ford, natural gas production will grow to 6.8 bcfd.

“As expected, the dip in May upstream employment appeared to be an anomaly, and June numbers reflect continued demand for talent and increasing exploration and production activities in the Texas oil and natural gas industry,” said Ed Longanecker, president of TIPRO. “Recessionary fears and the potential impact of China’s draconian COVID-19 policies have continued to be offset by concerns over tight oil supplies, but we are seeing these market forces impact WTI futures. Demand will continue to outpace global supply this year, but we can expect increasing levels of volatility in the months ahead due to these and other factors, including geopolitical conflicts and growing unrest over the escalating energy crisis in Europe,” added Longanecker.

TIPRO says the hostile federal policy environment and related rhetoric for domestic oil and natural gas production is also contributing to uncertainty in the U.S. and global markets, which could drive the cost of goods and services higher for American consumers, despite the economic dampening rate-setting efforts by the Federal Reserve Board.

“U.S. policymakers are placing undue demands on energy producers. If we want price stability, and if we want to ensure a secure domestic energy supply, we need a stable regulatory environment in the U.S,” Longanecker emphasized. “Policymakers and the current administration must stop vilifying our industry and should work collaboratively with operators to develop a coherent federal energy policy strategy, including opening federal leasing, approving permitting for energy infrastructure and again providing the regulatory certainty needed to support long-term investments that are necessary to address our own energy needs and those of our allies abroad.”

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TIPRO Joins Multi-Industry Coalition Asking President Biden to Visit America's Energy Sector

Thu, 23 Jun 2022 15:00:00 GMT

Austin, Texas - Today, the Texas Independent Producers and Royalty Owners Association (TIPRO) joined leading industry trade associations across the country in a letter that urges President Joe Biden and key administration officials to visit American oil and natural gas facilities ahead of the president's planned trip to the Middle East next month. The letter was co-signed by 27 trade associations and asks the president to prioritize American-made energy solutions provided by U.S. oil and natural gas resources that would benefit American families, the U.S. economy and national security. The following statement can be attributed to Ed Longanecker, president of TIPRO:

"Instead of advancing anti-oil and natural gas policies targeting American businesses and related efforts that will increase our reliance on foreign sources of energy, the Biden Administration should work collaboratively with U.S. producers to develop a coherent strategy that provides the regulatory certainty needed to unleash domestic production, which is the best tool to ease inflationary pressures and correct high gasoline prices. TIPRO is proud to join forces with our allied trade associations to promote the development of our abundant oil and natural gas resources to drive economic development and energy security for our country and support for our allies abroad."

The full letter signed by America's energy associations can be viewed at: https://bit.ly/3n9YsV0.

TIPRO Statement on President Biden's Call for Federal Gas Tax Holiday

Wed, 22 Jun 2022 18:00:00 GMT

Austin, Texas - While the federal government struggles to address soaring energy prices, President Joe Biden this week said he wants Congress to suspend the federal gas tax for three months, giving Americans a "gas tax holiday" that would last through the month of September. In response, the Texas Independent Producers & Royalty Owners Association (TIPRO) has issued the following statement, which can be attributed to TIPRO's President Ed Longanecker:

“American consumers are undoubtedly hurting from rising inflation and feeling the pain at the gas pump. While officials may be working in good faith to make energy more affordable for working families, there are simply more impactful policy options than lifting the gas tax being left on the table right now. To lower prices, we need long-term balance in oil and gas markets. Producers and investors need greater regulatory stability to increase domestic oil and gas production and bring more supplies online. The administration should allow more drilling on federal lands and waters, streamline federal permitting processes and accelerate infrastructure development, as well as avoid overly-burdensome regulations that threaten to discourage investment. While federal leaders claim they want to 'encourage oil companies to boost capacity and output,' the reality is the president is sending mixed messages with his policy positions and regulatory agenda.

Further, a gas tax holiday is likely to only have a limited impact on household energy expenses, while taking significant funds away from important infrastructure projects. Instead, the president and his administration must implement policies that will expand U.S. supply to balance out the market and pull-down skyrocketing gas prices.”

Texas Production and Severance Taxes Expand While Upstream Employment Dips in May

Fri, 17 Jun 2022 16:00:00 GMT

Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decrease in monthly employment for the Texas upstream sector following three consecutive months of job gains this year. According to TIPRO’s analysis, direct Texas upstream employment for May 2022 totaled 188,700, a decrease of 1,400 jobs from April numbers, subject to revisions. Texas upstream employment in May 2022 represented an increase of 25,500 positions compared to May 2021, including an increase of 5,700 in oil and natural gas extraction and 19,800 jobs in the services sector.

The Houston metropolitan area, the largest region in the state for industry employment, showed a decrease of 1,600 upstream jobs last month compared to April, for a total of 64,800 direct positions, according to TIPRO. Houston metro upstream employment in May 2022 represented an increase of 7,500 jobs compared to May 2021, including an increase of 3,300 in oil and natural gas extraction and 4,200 jobs in the services sector.

TIPRO once again noted strong job posting data for upstream, midstream and downstream sectors for the month of May showing a continued demand for talent and increasing exploration and production activities in the Texas oil and natural gas industry. According to the association, there were 11,695 active unique job postings for the Texas oil and natural gas industry in May of 2022.

The top three companies ranked by unique job postings in May were Baker Hughes with 650 positions, National Oilwell Varco (635) and Weatherford International (464), according to TIPRO’s analysis. Of the top ten companies listed by unique job postings last month, five companies were in the services sector, followed by three companies in midstream and two in oil and natural gas extraction.

Top posted industry occupations for May included heavy tractor-trailer truck drivers (462), personal service managers (285) and software developers and software quality assurance analysts and testers (278). Top qualifications for unique job postings included Commercial Driver's License (556), Master of Business Administration (211) and Bachelor of Science in Business (179). When analyzing education and experience requirements for unique industry job postings last month, TIPRO reports that 38 percent required a bachelor’s degree, 36 percent a high school diploma or GED, and 28 percent had no education requirement listed.

Despite facing a number of challenges, including workforce shortages, rising material costs and an adversarial federal policy environment, TIPRO says Texas operators are responding to the call for increased production to meet growing global demand. According to the U.S. Energy Information Administration (EIA), oil output in the Permian Basin is projected to increase by 84,000 barrels per day (bpd) to a record 5.316 million bpd in July. Total output in the major U.S. shale oil basins is forecasted to rise 143,000 bpd to 8.901 million bpd in July, the highest since March 2020.

TIPRO also highlights new data released from the Texas Comptroller’s office showing record levels of severance taxes paid by Texas oil and natural gas producers. In April, Texas oil producers paid a record $666 million to the state in oil production taxes, the highest amount in history, representing a 99 percent increase from April 2021. In May, oil producers paid $595 million in taxes, an increase of 64 percent from May 2021. Natural gas producers also paid $413 million in taxes in May, the highest monthly total on record, up 216 percent from May 2021. With three months left in the current fiscal year, the industry has already contributed a record $4.48 billion in taxes. TIPRO says this critical source of revenue supports all aspects of the state economy, including schools and education, transportation infrastructure and first responders, to name a few.

“Texas upstream employment figures show a decline in May, following three months of significant growth this year, but job postings remain strong for the Texas oil and natural gas industry as companies continue to increase exploration and production activity in the state of Texas,” said Ed Longanecker, president of TIPRO. “The decrease in industry employment last month could be an anomaly and subject to further revisions or could also be attributable to workforce shortages facing many companies as they compete to fill open positions in a tight labor market. Regardless, we project continued employment growth for this sector in the coming months, and this data once again illustrates the enormous economic contributions made by the Texas oil and natural gas industry. Instead of proposing anti-American energy policies, federal elected officials should work collaboratively with U.S. producers and develop a coherent strategy to unleash domestic production, including lifting restrictions on federal lands and waters, accelerating LNG exports and approving pending LNG applications. The Federal Energy Regulatory Commission (FERC) should also end efforts to overstep its permitting authority, which will not only further delay currently proposed infrastructure projects, but also stymie billions of dollars in economic investments and drive energy prices up further,” concluded Longanecker.

Texas Upstream Employment Grows, As More Industry Jobs Added By Texas Energy Companies

Fri, 20 May 2022 17:00:00 GMT

Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing another consecutive month of positive job growth for the Texas upstream sector in 2022. According to TIPRO’s analysis, direct Texas upstream employment for April 2022 totaled 190,400, an increase of 5,200 jobs from March numbers, subject to revisions. Texas upstream employment in April 2022 represented an increase of 26,700 positions compared to April 2021, including an increase of 4,300 positions in oil and natural gas extraction and 22,400 jobs in the services sector.

The Houston metropolitan area, the largest region in the state for industry employment, added 1,100 upstream jobs last month compared to March, for a total of 66,100 direct positions, according to TIPRO. Houston metro upstream employment in April 2022 represented an increase of 7,700 jobs compared to April 2021, including an increase of 3,300 positions in oil and natural gas extraction and 4,400 jobs in the services sector.

TIPRO once again noted strong job posting data for upstream, midstream and downstream sectors for the month of April in line with rising employment, showing a continued demand for talent and increasing exploration and production activities in the Texas oil and natural gas industry. According to the association, there were 11,313 active unique job postings for the Texas oil and natural gas industry in April of 2022.

Among the 14 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations once again ranked the highest in April for unique job listings with 3,069 postings, followed by Crude Petroleum Extraction (1,510) and Oil and Gas Field Machinery and Equipment Manufacturing (1,069). The leading three cities by total unique oil and natural gas job postings were Houston (3,931), Midland (1,184) and Odessa (514), said TIPRO.

The top three companies ranked by unique job postings in April were Baker Hughes with 650 positions, National Oilwell Varco (586) and Weatherford International (487), according to TIPRO’s analysis. Of the top ten companies listed by unique job postings last month, five companies were in the services sector, followed by four companies in midstream and one in oil and natural gas extraction.

Top posted industry occupations for April included heavy tractor-trailer truck drivers (474), software developers and software quality assurance analysts and testers (258), and personal service managers (251). Top qualifications for unique job postings included Commercial Driver's License (552), Master of Business Administration (179) and Bachelor of Science in Business (178). When analyzing education and experience requirements for unique industry job postings last month, TIPRO reports that 37 percent required a high school diploma or GED, 37 percent a bachelor's degree and 7 percent listed an associate degree as a role requirement.

TIPRO also highlighted that the Railroad Commission of Texas issued a total of 946 original drilling permits in April 2022, which compared to a total of 1,176 original drilling permits in March 2022 and 732 in April 2021. According to the U.S. Energy Information Administration (EIA), oil output in the Permian Basin in Texas and New Mexico is due to rise 88,000 barrels per day (bpd) to a record 5.219 million bpd in June as producers respond to higher commodity prices and the call to increase domestic production to address supply shortages.

Meanwhile, this week the U.S. House of Representatives voted 217-207 to pass a bill that gives the Federal Trade Commission (FTC) the authority to investigate energy companies for alleged price gouging as prices at gas pumps nationwide hit record highs. The vote was largely down party lines with four Democrats -- Representatives Kathleen Rice of New York, Stephanie Murphy of Florida, Jared Golden of Maine and Lizzie Fletcher of Texas -- joining all Republicans in voting against the legislation.

TIPRO's President Ed Longanecker referred to this action as more political theater from policymakers unwilling to take responsibility for the impact of their own failed energy policies. "Prices are not set by some shadowy cabal of companies," said Longanecker. "Over the past three decades, there have been more than 100 investigations and lawsuits brought by consumers, the FTC and states' attorneys general alleging such conspiracies in the gasoline market, none of which have shown even a hint of wrongdoing from domestic producers."

“Texas operators are responding to the call to increase production, despite facing numerous challenges, including inflationary pressures, workforce shortages and an adversarial federal policy environment,” Longanecker added. “Instead of politicians interrogating oil and gas executives, making false accusations and pushing for more taxes and regulations on American producers, it’s time to stop politicizing energy security and create a coherent strategy to address our current and future energy needs,” Longanecker concluded.

Texas Upstream Employment and Permian Drilling Permits Increase

Sun, 17 Apr 2022 17:00:00 GMT

Austin, Texas - Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) in mid-April highlighted new employment figures showing another month of positive job growth for the Texas upstream sector in 2022. According to TIPRO’s analysis, direct Texas upstream employment for March 2022 totaled 184,700, an increase of 4,300 jobs from February numbers, subject to revisions. Texas upstream employment in March 2022 represented an increase of 21,700 positions compared to March 2021, including an increase of 3,600 positions in oil and natural gas extraction and 18,100 jobs in the services sector.

According to TIPRO, the Houston metropolitan area, the largest region in the state for industry employment, added 1,500 upstream jobs last month compared to February, for a total of 64,500 direct positions. Houston metro upstream employment in March 2022 represented an increase of 5,300 jobs compared to March 2021, including an increase of 2,100 positions in oil and natural gas extraction and 3,200 jobs in the services sector.

TIPRO once again noted strong job posting data for upstream, midstream and downstream sectors for the month of March in line with rising employment, showing a continued demand for talent and increasing exploration and production activities in the Texas oil and natural gas industry. According to the association, there were 11,433 active unique job postings for the Texas oil and natural gas industry in March of 2022, a 14 percent increase compared to February. TIPRO also highlighted that in February a record number of drilling permits for new wells were issued in the Permian Basin as producers respond to higher commodity prices and the call to increase domestic production to address global supply shortages.

Among the 14 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations once again ranked the highest in March for unique job listings with 3,167 postings, followed by Crude Petroleum Extraction (1,512) and Petroleum Refineries (1,040). The leading three cities by total unique oil and natural gas job postings were Houston (3,895), Midland (1,256) and Odessa (583), said TIPRO. The top three companies ranked by unique job postings in March were Baker Hughes with (637), Weatherford International (494) and Halliburton (488), according to TIPRO’s analysis. Top posted occupations for March included heavy tractor-trailer truck drivers (489), software developers and software quality assurance analysts and testers (271), and personal service managers (270).

TIPRO’s president, Ed Longanecker, said “domestic production will continue to increase in the coming months, but operators still face a number of obstacles that will constrain our industry’s growth potential, including workforce shortages, higher material costs, and an uncertain regulatory environment. Our industry needs more than a temporary green light from policy leaders in Washington to make the long-term investments necessary to achieve sustained energy security for our country and allies abroad."

TIPRO Statement On Congressional Hearing Focused On Gas Prices

Wed, 06 Apr 2022 17:00:00 GMT

Austin, Texas - Today, the Subcommittee on Oversight and Investigations of the U.S. House Committee on Energy and Commerce is holding a hearing entitled, "Gouged at the Gas Station: Big Oil and America's Pain at the Pump." The Texas Independent Producers & Royalty Owners Association (TIPRO) issued the following statement, which can be attributed to TIPRO's President Ed Longanecker:

“America’s oil and gas companies do not set the market, but are subject to it like the rest of the world. Oil prices are determined through the complex web of commodity pricing, and in recent months, the market has undergone severe shocks including Russia’s invasion of Ukraine, and rising inflation, that have raised global oil prices. Instead of interrogating the energy industry, congressional leaders ought to focus on how we can support increased domestic oil and gas production, both for today and tomorrow. This includes expediting permits for U.S. LNG export facilities and pipeline infrastructure, lifting the ban on federal leasing and generally a more stable regulatory environment that provides certainty to producers and investors. Overburdensome regulations, increased taxes and anti-oil and natural gas rhetoric will only exacerbate high energy prices and raise costs for American consumers.”