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Oil & Gas Technical Compendium

U.S. oilfield service companies added 23,000 jobs in March

The American oilfield services and equipment sector employment rose by an estimated 23,015 jobs in March, according to preliminary data from the Bureau of Labor Statistics (BLS) and analysis by the Energy Workforce & Technology Council.Routine BLS revisions reduced lost jobs in February to 7,697 from the 10,048 it reported one month ago. According to the revised data, the sector cut 1,322 positions in January 2021. The sector has been on a rollercoaster the past year with a precipitous in jobs due to the pandemic, modest gains in the fourth quarter of 2020, and more cuts in December, January and February.The monthly Oilfield Services and Equipment Employment Report, compiled and published by the Council, estimates a peak of 102,000 pandemi.....

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