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  • 24 Mar 2023 10:00 AM | Anonymous

    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 slight decline in monthly employment for the Texas upstream sector during the month of February, but overall continued demand for available talent throughout the industry.  

    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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  • 10 Mar 2023 11:15 AM | Anonymous

    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 and continued demand for available talent throughout the industry.  

    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.

    ###

  • 30 Jan 2023 8:00 AM | Anonymous

    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."

  • 20 Jan 2023 11:30 AM | Anonymous

    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 and strong demand for available talent throughout the industry.  

    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 88th 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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  • 21 Dec 2022 11:00 AM | Anonymous

    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

  • 16 Dec 2022 10:30 AM | Anonymous

    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 and strong demand for available talent throughout the industry.  

    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.

  • 8 Nov 2022 12:37 PM | Anonymous

    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.


  • 21 Oct 2022 10:00 AM | Anonymous

    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."

  • 5 Oct 2022 10:45 AM | Anonymous

    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.”



  • 15 Sep 2022 1:30 PM | Anonymous

    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

    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. 


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