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 View Details

Energy jobs: Oil and gas industry could hire 100,000 workers – if it can find them

The U.S. oil industry will need to hire tens of thousands of workers in the next two and a half years as oil prices recover and drillers stand up rigs, Goldman Sachs projected in a note this week. The question is whether workers flushed out of the industry and into a resurgent U.S. labor market will head back to the oil patch. On Friday, government data showed the United States added a whopping View Details

Oil and gas jobs’ pay is still big, but not booming

CSi Salary Report

Tom DiChristopher | Wednesday, 22 Jul 2015 | 11:17 AM ET | CNBC Oil and gas exploration workers just became a little more like the average U.S. worker: They too now understand what it's like for their wage growth to lag or barely keep up with inflation. Pay packages for exploration and production workers are still big by most measures, but they are no longer booming, according to a new report. View Details

Oil layoffs start at wellheads and work their way up


www.marketplace.org | by Gigi Douban Oil prices dropped, and jobs had to go. The first ones were at the oil service companies like Halliburton and Schlumberger. "They've quickly moved to reduce their amount of operations in the field, and the first phone call they make is to that service company," says Jeff Bush, president of CSI Recruiting, which places workers in oil and gas jobs. Next View Details