Huge News: Texas Drillers Added Jobs In July For First Gain In 19 Months! Is This A Recovery In The Making?
Texas Drillers across the state added new jobs in July, the first monthly gain in 19 months, since the Texas energy industry’s employment figures began falling dramatically in January 2015, economist Karr Ingham says.
Finally, as Halliburton predicted, Rigs aren’t alone in the long trek back to the Texas oil patch!
Texas drillers and upstream companies – oil producers, service companies and rig contractors – had shed more than 102,000 jobs since the beginning of last year, piling on losses month after month, but July’s small increase may be a sign things are finally turning around for the state’s energy workforce. Oil companies have resurrected 68 rigs across Texas in the past four months, bringing the state’s rig count to 241. Drilling permits in Texas also are on the rise.
I know, it is not as drastic as we all need and expect, that’s is true, and sure, we have all have friends and family who have suffered the laid offs. Still, It’s The first time in 19 months that Texas drillers oil jobs are showing some kind of positive movement! This can be the light at the end of the tunnel, and a tendency change, and its promising. “It’s not spectacular, but it’s a gain rather than a loss,” Ingham said. Ingham has not yet released the Texas Petro Index, a monthly report he prepares for the state’s oil industry. “I believe it’s a recovery in the making, but it’s a slow, frustrating and torturous one because prices aren’t going up as much as most people hoped. But the first thing was the bleeding had to stop, and it looks like we may be at that point.”
We all hope he is right!
Check out some of this week’s Texas Drillers’ openings:
More openings here: http://Texasoilcareers.com
This is when YOU need to get down to work, and take an active role. Send your CV and resume NOW. WE are experiencing an increase of vacancies day after day. Vacancies fill up fast. Start applying today. Please SHARE the post, use the buttons below.