Recruiter Check-In: What’s Happening in Oil, Gas

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...]

Here comes the next wave of the U.S. oil boom

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...]

A Primed Pump: Depleted Labor Force Squeezes Permian Production

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...]

2015 E&P Salary Report Publishing This Week

This week CSI Recruiting will publish their 11th annual E&P Salary Report, complete with base salary and cash bonus data, paid time off and stock program figures. As always, the report includes extensive commentary on industry hiring and compensation trends, all broken out into nine specific skill sets within the petroleum engineering, geosciences and land management disciplines. Typically … [Read more...]