Positive News For Job-Seekers In The Oil And Gas Industry

• Tweet

• Tweet

The recent trend of increase in the number of oil and gas jobs is seen as an optimistic development in the oil and gas industry. The rebounding of the oil and gas industry is evident when you compare the numbers of job gains. About 140 oil rigs have been brought back to operation in Texas oil and gas fields. The bleeding has stopped, signalling that the worst is over and the oil and gas industry is hobbling back to recovery.

Jobs Increase Reported In More Than 2 Years In The Oil And Gas Industry

With the addition of an estimated number of 3000 jobs in the months of November and December, the long-awaited recovery is welcomed by job-seekers in the oil and gas industry. Since OPEC countries and other major producers have agreed to cut production, it managed to reduce global oil and gas price.

Ryan Maye Handy said in a recent article:

“Jobs in Texas’ oil and gas industry rose at the end of 2016 for the first time in more than two years, another sign that the long-awaited recovery in the state’s energy sector is gaining traction.

Texas added an estimated 3,000 oil and gas jobs in November and December, after shedding more than 100,000 during the industry downturn that began in mid-2014, said Karr Ingham, an economist who studies the state’s oil and gas sector.”

Jobs In Oil And Gas Extraction Increase By 100 In January

The encouraging news is the increase in oil and gas extractions jobs by 100 in the month of January. Increase in drilling activity in the Permian basin, with the number of drilling permits climbing to 1000 is positive news for oil and gas workers.

Valerie Jones said in a recent article on Rigzone:

“The outlook for oil and gas employment in the United States is looking better each month…Specifically, jobs in oil and gas extraction increased by 100 in January. Support activities for mining, which includes oil and gas, saw an uptick in January as well (3,000 jobs).”

With every month, the number of jobs are steadily rising in the oil and gas industry. Economists predict that better days are ahead for the oil and gas industry. This is welcome news for those workers who were laid off from their jobs. For the first time in three years, there is optimism all around. Job seekers in the oil and gas industry will benefit the most as they can expect to land rewarding jobs in this sector.