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

Oil & Gas 360º

The top posted job titles for May included maintenance technicians (118), retail cashiers (77), and sales associates (70). million bpd in 2024, 2 percent more than the previous record set in 2023. Energy Information Administration (EIA) showing domestic crude oil production reached an all-time high of 13.5

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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. April 14, 2025 The U.S. oil and gas sector faced a notable setback this week as the national rig count dropped by seven, bringing the total to 583 active rigsthe lowest level since early 2022.

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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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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 The 262-foot-long SOV just reached 50% completion this April of 2023 after logging over 275,000 work hours. Once completed, ECO Edison will house 60 American wind turbine technicians as they work offshore servicing and maintaining the Revolution, Sunrise, and South Fork Wind projects.

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

Oil Gas Leads

bpd in 2024 to 13.4M bpd in 2025 Gas production: Expected to increase to 104.9 bpd in 2024 to 13.4M bpd in 2025 Gas production: Expected to increase to 104.9

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

Oil Gas Leads

Despite steady or growing production, especially in crude, rig count remains below 2024 and 2023 levels due to operator focus on capital discipline and shareholder returns. This marks the first increase in the U.S. rig count in four weeks. Utica Shale activity is climbing, with 13 active rigs highest since Feb 2024.

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U.S. Rig Count Rises for Second Consecutive Week – Baker Hughes

Oil Gas Leads

Rig Count Total Rigs: 587 Change from Last Week: +2 rigs Change from Last Year: -26 rigs ( -4% YoY decline) Last year same time: 613 rigs Breakdown: Oil rigs: 483 (+2 from last week) Gas rigs: 99 (+1 from last week) Miscellaneous rigs: 5 (-1 from last week) Rig Location: Land: 571 rigs Inland waters: 3 rigs Offshore: 13 rigs (unchanged) State-Specific (..)