JUSTTHENEWS (The Center Square Staff) - Texas oil and gas industry reporting job losses
Lower rig counts mean less extraction jobs and less investment in drilling new wells.
JUSTTHENEWS (The Center Square Staff) - First quarter indicates challenges for Texas oil and gas industry, rig counts down
Despite ongoing market challenges and uncertainty, Texas oil and natural gas producers played a pivotal role in energy production last year, accounting for 43% of U.S. crude production.