U.S. Oil Industry Pumps Record Volumes with Fewer Workers

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Shale ニュース

Oil,Oil Production,Upstream

Efficiency and technological advances in fracking services, as well as the ongoing consolidation in the industry, have been pushing employment numbers lower this year.

While U.S. crude oil production breaks record highs, the number of upstream and oilfield services jobs is flatlining and has started to fall, indicating that America’s oil and gas producers are now “doing more with less” as efficiency and automation in the shale patch are rising. The oil and gas sector still supports hundreds of thousands of upstream and services jobs and millions of associated jobs in the energy value chain and the hospitality industry.

“While we are beginning to see some signs of a flattening job market within the oilfield services sector, we are also experiencing a continuation of record-breaking U.S. oil and gas production,” Energy Workforce President Molly Determan said in June, commenting on the decline in oilfield services employment. “It’s clear that we are doing more with less, maintaining high productivity and innovation with fewer resources,” Determan added. The U.S. Energy Information Administration EIA expects U.S.

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