ENERGY EMPLOYMENT LAGS
Data shows the decline in local oil and gas jobs was present prior to the pandemic, as 6.2% of workers living in the nine Spring- and Klein-area ZIP codes worked in oil and gas extraction or manufacturing in 2020, down from 7.6% in 2015. THE LOCAL WORKFORCE
Despite rising rig counts and oil prices, the U.S. Bureau of Labor Statistics reported Harris County has yet to recover about 15,535 jobs from the natural resources and mining sector that were lost during the ongoing pandemic.
NATURAL RESOURCES AND MINING SECTOR IN HARRIS COUNTY
ACS 2015 5 YEAR ESTIMATES
ACS 2020 5 YEAR ESTIMATES
The natural resources and mining sector includes the agriculture, forestry, shing, hunting, mining, quarrying, and oil and gas extraction industries. SECTOR BREAKDOWN
70,000 65,000 60,000 50,000 45,000 55,000 0
SPRING KLEIN POPULATION: 399,829 Mining, quarrying and oil and gas extraction workers in Spring-Klein
SPRING KLEIN POPULATION: 351,339
Mining, quarrying and oil and gas extraction workers in Spring-Klein
7,759
5,822
Manufacturing workers in Spring-Klein
Manufacturing workers in Spring-Klein
19,145
18,982
SOURCE: U.S. CENSUS BUREAU’S 5 YEAR ESTIMATES COMMUNITY IMPACT NEWSPAPER
According to the report—which surveyed 200 oil and gas rms in Texas, New Mexico and Northern Louisiana—63% of oil exploration and production rms intend to keep employment the same for 2022. Mean- while, 48% of oil and gas support ser- vice companies anticipate increasing their employment “slightly.”
exacerbating several trends, including broad-based in ation and supply pres- sures for key materials, commodities and labor.” Months tocome In light of potential market uncer- tainties, many oil and gas companies are hesitant to increase their number of employees in the upcoming year, according to a March energy survey conducted by the Federal Reserve Bank of Dallas.
SOURCE: U.S. BUREAU OF LABOR STATISTICS COMMUNITY IMPACT NEWSPAPER
OUR DOCTORS KnowHow to Care Other oil and gas corporations that employ thousands in their facilities located in or near the Spring and Klein area include Chevron-owned Noble Energy, Baker Hughes and Southwestern Energy. Those com- panies did not respond to requests for comment as of press time, but know, I found another job; I found something else to do,’” Kahla said.
they cited the e ects of global chal- lenges on their companies in recent rst-quarter 2022 reports. “As we look ahead to the rest of 2022, we see a favorable oil and gas price backdrop, but also a dynamic operating environment,” said Lorenzo Simonelli, Baker Hughes chairman and CEO, in an April 20 news release. “The recent and unfortunate geopolitical events are
For more information, visit communityimpact.com .
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SPRING KLEIN EDITION • MAY 2022
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