In 2017, we’ve already seen OPEC cut oil production, a ramp up of activity in hot spots such as the Permian and a slightly positive shift in overall sentiment of the oil and gas industry. And while industry employment has steadied, many of the some odd 440,000 laid off workers are wondering when the faucet on hiring will be turned back on. So Rigzone sought out industry professionals who have … [Read more...]

by Matt Egan   @mattmegan5  After a painful two-year price war with OPEC, the worst may finally be over for the American oil industry. American oil companies didn't merely survive OPEC's attempt to drown them in low prices. The energy industry is emerging from this dark period of bankruptcies and job cuts much leaner and ready to thrive, even at prices that were once too low. OPEC's decision … [Read more...]

Now that oil prices are stable and above $50 per barrel, the energy industry’s depleted workforce is being called back into the field, particularly in the Permian – but there are far fewer candidates with an ear to the ground. As many as 350,000 oilfield workers lost their jobs during the downturn, which stretched beyond two years in a much lower for much longer down cycle. But the U.S. rig … [Read more...]