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Texas oil and gas jobs increased in May despite market turmoil, new report says

Oil & Gas 360º

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 May with 1,972 postings, followed by Gasoline Stations with Convenience Stores (1,447) and Petroleum Refineries (824).

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U.S. Rig Activity Rebounds Amid Rising Natural Gas Prices – Baker Hughes

Oil Gas Leads

While oil rig counts continued to slip, steady activity in key basins like the Haynesville and a sharp uptick in states like Kansas signal a potential turning point for upstream operations heading into the second half of 2025. Here’s a structured summary and analysis of the latest U.S. bpd (2024) → 13.4M Bcf/d in 2025 from 103.2

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Oil Rigs Down, Gas Rigs Up – Weekly Drilling Snapshot – Baker Hughes

Oil Gas Leads

drilling activity continued to decline last week, marking the sixth consecutive weekly drop in the national rig count—something not seen since late 2023. Capex trends : E&Ps to cut spending 3% in 2025 vs. 2024 2024: Flat spending 2023: +27%, 2022: +40%, 2021: +4% Crude Output Forecast (EIA) : 2024: 13.2 June 9, 2025 U.S.

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Largest Weekly Oil Rig Drop Since 2023 – Baker Hughes

Oil Gas Leads

According to the latest Baker Hughes report, oil rigs experienced the steepest single-week decline since June 2023, falling by nine to 480. While gas rigs saw a slight uptick, the overall trend reflects a cautious stance by operators amid weaker oil prices, shifting market dynamics, and growing geopolitical uncertainty.

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MADE IN AMERICA: U.S.-Built Offshore Wind Substation and Support Vessels Start to Set Sail for Federal Waters

The Energy Law

On May 25, 2023, the Nation’s first U.S.-built flagged offshore wind service operations vessel (“SOV”), named the ECO Edison, is currently being built at the Edison Chouest Offshore (“ECO”) shipyard in Houma, Louisiana. The 262-foot-long SOV just reached 50% completion this April of 2023 after logging over 275,000 work hours.

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Rig Activity Down, Production Up – May Rig Count Recap – Baker Hughes

Oil Gas Leads

Operators are leaning on efficiency gains and strategic capital deployment to sustain output with fewer rigs. May 19, 2025 As the U.S. Here’s a snapshot of the current landscape, key state-by-state trends, and what it means for 2025. bpd in 2024 to 13.4M bpd in 2025 Gas production: Expected to increase to 104.9 bpd in 2024 to 13.4M

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U.S. Rig Count Rises — Utica Shale Leads Gains – Baker Hughes

Oil Gas Leads

While overall activity remains below year-ago levels, the increaseled by gains in the Utica Shale and several key producing statessignals cautious momentum as operators navigate persistent price pressures and prioritize efficiency. The total rig count rose by two, with both oil and gas rigs each ticking up by one.