State of Energy Opportunities

The Texas Independent Producers and Royalty Owners Association (also known as TIPRO) released their 2014 State of Energy Report this week. The report “explores the economic impact of the nation’s oil and gas industry from the standpoint of employment, wages, payroll, production and establishments at the state and national level.” Not surprisingly, the report “illustrates the leadership of Texas in nearly all economic and statistical factors in comparison to other oil and gas producing states.”

Texas is the leading state for oil and gas employment “with 411,600 people employed in (this sector) representing 41 percent of all oil and gas jobs nationwide in 2013.” These jobs made up “4.4 percent of total employment in the state of Texas itself.”

The number of jobs is not the only impressive statistic found in the TIPRO report. Texas energy jobs are high paying, as these "jobs in Texas also paid on average 128 percent more than the average private sector job." The shale boom has meant that opportunities in the energy industry show no sign of slowing down. In fact, "Texas also added the most net new jobs in the oil and gas industry in 2013, growing by 23,100, representing 75 percent of the total oil and gas jobs added in the U.S. last year."

These statistics have caught the eye of many college students in North Texas as they consider their own career path. Just this week a large group of students from a variety of schools in the area attended a CLEAN Resources sponsored educational meeting in Denton to learn more about the energy industry in the Barnett Shale.

Students were able to ask questions about the shale energy production process and get career advice from energy professionals. Students were also eager to learn about how they can volunteer to support the continued growth of this important sector in North Texas and beyond.

The momentum in the Barnett Shale and across Texas is creating excitement for students looking to make a name for themselves in a field that is rewarding on many levels. Students who work in the shale energy sector will benefit financially while also reducing greenhouse gas emissions and enhancing America's energy security. Not a bad day's work!


Read the TIPRO report at www.tipro.org/UserFiles/2014_State_of_Energy_Report.pdf
 

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