Texas’ upstream oil and natural gas sector marked its fourth consecutive month of job growth in June 2026, according to newly released data from the Texas Workforce Commission.Employment climbed by 400 jobs in June, building on May’s robust increase of over 4,000 upstream jobs.
“This follows a 7.2 million barrel draw for the week ending July 24, with the crude balance realizing significantly tighter than our expectations alongside a multi-year high in crude runs,” the strategists said in the report.
Curious Minds Corner
What is a reservoir rock?
A porous and permeable rock that stores and transmits hydrocarbons.