The number of job openings in Texas increased from 342,800 in May 2014 to 343,517 in June 2014. The median number of job searchers per job opening across all MSAs (metropolitan statistical areas) and occupations in Texas was 1.29 in May 2014 and 1.47 in June 2014.
The number of job openings and searcher-to-job opening ratio in Texas for nurses, therapists, and physician assistants increased from 9,292 and 0.95, respectively, in April 2014 to 9,612 and 1.09, respectively, in May 2014.
Image Source: http://www.carrollhs.org/s/1253/index.aspx?pgid=877
The U.S. rig count was 1,875 in July 2014, up from 1861 in June 2014; Texas rig count was 897 in July 2014, up from 891 in June 2014; The Eagle Ford Shale rig count was 212 in July 2014, down from 214 in June 2014.
The oil and gas extraction industry in Texas gained 2,500 jobs from April 2014 to May 2014. Compared to May 2013, the cumulative number of jobs added in this industry is 9,700, an increase of 9.4%.
Image Source: http://www.eliteexploration.com/texas-oil-gas-companies/
The number of job openings in Texas for “derrick operators” and “roustabouts” decreased from 294 in April 2014 to 283 in May 2014, while the searcher-to-job opening ratio increased from 2.54 to 2.63 in the same span.
Image source: http://wonderfulengineering.com/what-is-petroleum-engineering/.
Texas May 2014
Total number of job openings and median searcher-to-job ratio across all MSAs (metropolitan statistical areas) for each major occupational group in Texas in May 2014.
| occupation | openings | s2jratio |
| Management, business, and financial occupations | 53053 | 0.8 |
| Professional and related occupations | 77452 | 0.8 |
| Installation, maintenance, and repair occupations | 16964 | 1.14 |
| Office and administrative support occupations | 51305 | 1.15 |
| Service occupations | 61732 | 1.51 |
| Sales and related occupations | 27126 | 1.79 |
| Transportation and material moving occupations | 18312 | 1.99 |
| Production occupations | 20093 | 2.72 |
| Farming, fishing, and forestry occupations | 872 | 3.61 |
| Construction and extraction occupations | 15892 | 4.46 |
Compared to May of last year, all of the main MSAs (metropolitan statistical areas) in Texas saw an annual increase in the number of job openings and decrease in the searcher-to-job opening ratio.
The number of job openings in Texas decreased from 361,597 in April 2014 to 342,800 in May 2014. The median number of job searchers per job opening across all MSAs (metropolitan statistical areas) and occupations in Texas was 1.12 in April 2014 and 1.29 in May 2014.
According to a company press release, New Standard Energy Limited announced that it reached target depth at its second well in the Eagle Ford shale the Peeler Ranch-6H well.
The company stated that the they completed the wells within expected time and budget forecasts. According to the company, the two wells were drilled in parallel lateral lengths, targeting the same Eagle Ford hydrocarbon bearing zone to maximize production and minimize associated drilling, hydraulic fracturing and production tie-in costs.
The company will shift operational focus to fracture stimulation in April.
The company anticipates stimulating both wells together using the
“zipper frac” method. The zipper frac method alternates fracture stages between the two wells, and causes an incremental increase in fracture interaction, leading to better recovery.
More on zipper frac method:
