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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). In May, Texas energy producers paid $411 million in oil production taxes, according to the Texas comptroller’s office. Almost all of the production growth has come from the Permian Basin region.

Gas
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US Oil Rig Count Hits 3-Year Low – Baker Hughes

Oil Gas Leads

energy sector grapples with shifting market dynamics, the latest Baker Hughes rig count highlights a continued decline in drilling activity nationwide. In this report, we break down the latest rig count data, state-level trends, and the implications for drilling, production, and the energy services sector. July 7, 2025 As the U.S.

Oil
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Mach Natural Resources Expands into Permian and San Juan with $1.3B in Transformative Acquisitions

Oil Gas Leads

Through definitive agreements to acquire oil and gas assets from Sabinal Energy, LLC and IKAV Energy Inc. Mach is entering the Permian Basin and San Juan Basin , complementing its existing Mid-Continent operations. Mach Natural Resources LP has announced two major acquisitions totaling $1.3

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ExxonMobil’s Permian Basin Strategy: How Technology is Driving Efficiency and Growth

Oil Gas Leads

CERAWeek 2025 Insights ExxonMobils expansion in the Permian Basin took center stage during CERAWeek 2025 , where executives highlighted how technology is reshaping operations to maximize efficiency and production. million barrels per day (bpd) accounting for over 16% of the basins total production. energy production, contributing 6.26.3

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Devon Energy Q1 2025 Drilling Review: Rig Count, Efficiency, and Regional Shifts

Oil Gas Leads

Devon Energys first-quarter 2025 results reflect a disciplined, high-performance approach to drilling and capital deployment. Final Takeaway Devon Energys Q1 2025 update tells a clear story: more wells, less spending, and stronger execution. per Boe, total production cost at $12.42 per Boe, total production cost at $12.42

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Largest Weekly Oil Rig Drop Since 2023 – Baker Hughes

Oil Gas Leads

The Permian Basin is seeing output contraction and rig pullback despite being the top U.S. With market volatility likely to persist, timely rig data and operational insights will be critical for staying ahead in todays dynamic energy landscape. million bpd ( from 6.57 million bpd ( from 6.57 oil-producing region.

Oil
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US Rig Count Steady at 592, Oil Up 1, Gas Down 1 – Baker Hughes

Oil Gas Leads

Year-over-year, the rig count is down 37 rigs (6%) , as energy firms continue prioritizing capital discipline, shareholder returns, and efficiency over aggressive expansion. LNG & Power Demand: Soaring LNG exports and growing data center energy consumption are driving record gas demand. Meanwhile, the EIA projects record-high U.S.

Gas