Membership Portal

News Releases & Statements

<< First  < Prev   1   2   3   Next >  Last >> 
  • 20 May 2022 12:00 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 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.

  • 17 Apr 2022 12:00 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) 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."

  • 6 Apr 2022 12:00 PM | Anonymous

    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.” 

<< First  < Prev   1   2   3   Next >  Last >> 
Powered by Wild Apricot Membership Software