What Was the USA Oil and Gas Average Wage in 2021?
According to the Texas Independent Producers and Royalty Owners Association’s (TIPRO) seventh, and latest, state of energy report, which was published recently, the U.S. oil and natural gas sector paid a national annual wage averaging $115,166 during 2021.
This figure was 76 percent higher than average private sector wages, TIPRO highlighted in the report, which also outlined that payroll in the U.S. oil and gas industry totaled $96 billion and direct Gross Regional Product (GRP) for the industry was $573 billion in 2021, or three percent of the U.S. economy.
TIPRO’s sixth state of energy report revealed that the industry paid a national annual wage averaging $113,601 in 2020, which was said to be 86 percent higher than average private sector wages in the United States. According to TIPRO’s previous report, in 2020, payroll in the U.S. oil and gas industry totaled $102 billion and direct GRP for the industry was $741 billion, or four percent of the U.S. economy.
According to TIPRO’s fifth state of energy report, the industry paid a national annual wage averaging $114,745 in 2019, which was said to be more than double average private sector wages. Payroll in the U.S. oil and gas industry totaled $103 billion in 2019, TIPRO’s fifth state of energy report revealed.
Texas Oil and Gas Wage
TIPRO’s latest report outlined that oil and gas jobs in Texas paid an annual average wage of $132,232, which the organization noted was 107 percent more than the average private sector job in the state. Texas was also said to have had the highest oil and gas payroll in the country in 2021 ($41 billion), with California coming in second ($10 billion), then Louisiana ($6 billion).
TIPRO’s previous report highlighted that oil and gas jobs in Texas paid an annual average wage of $129,989, which was said to be 113 percent more than the average private sector job in the state. The report showed that Texas also had the highest oil and gas payroll in the country in 2020 ($45 billion), with California coming second again ($10 billion), then Louisiana third again ($6.8 billion).
In TIPRO’s fifth state of energy report, oil and gas jobs in Texas were said to have paid an annual average wage of $132,104 in 2019, which was said to be 130 percent more than the average private sector job in the state. Texas, again, was shown to have had the highest oil and gas payroll in the country in 2019 ($48 billion), with California again coming in second ($9.2 billion), followed by Oklahoma ($6.9 billion).
Oil and Gas Job Figures
According to TIPRO’s seventh report, the industry supported a total of 832,869 direct jobs in the U.S. last year. Texas was said to have led the nation in oil and gas jobs with 309,396 people employed in the sector. This figure accounted for approximately 37 percent of all oil and gas jobs nationwide, according to TIPRO.
The U.S. oil and gas industry employed 902,223 professionals in 2020, TIPRO’s sixth report revealed. The report showed that Texas again led the nation in oil and gas jobs with 347,529 people employed in the industry, which was said to be approximately 39 percent of all oil and gas jobs nationwide.
TIPRO’s fifth state of energy report outlined that the U.S. oil and gas industry employed 895,629 professionals in 2019. The report highlighted that Texas again led the nation in oil and gas jobs with 361,271 people employed in this industry. This figure was said to represent 40 percent of all oil and gas jobs nationwide in 2019.
To contact the author, email andreas.exarheas@rigzone.com
What do you think? We’d love to hear from you, join the conversation on the
Rigzone Energy Network.
The Rigzone Energy Network is a new social experience created for you and all energy professionals to Speak Up about our industry, share knowledge, connect with peers and industry insiders and engage in a professional community that will empower your career in energy.
- ExxonMobil Racks Up Discoveries in Guyana Block Eyed by Chevron
- Oil Market Sentiment Has Improved Significantly
- EU, US Eye Collaboration on Nuclear Materials
- USA Driving Activity to Increase to All-Time Highs
- TC Energy to Sell Prince Rupert Gas Pipeline Project to First Nation
- EU Electricity Export to Ukraine Up 94 Percent in Two Years
- China Coal Output Falls for First Time since Government Ordered More
- BP Pulse Buys One of Europe's Largest Truck Stops
- UK CCUS Plans Outdated: Think Tank
- North America Enters Rig Loss Streak
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- EIA Drops 2024 Henry Hub Gas Price Forecast
- EIA and Standard Chartered Offer Up Latest Oil Price Predictions
- Red Sea Region Sees Another Watershed Incident
- Chevron Oil Project in Kazakhstan to Cost $48.5B
- OPEC Voices Encouragement after IEA Affirms Support for Oil Security
- Biden Govt Bares Strategy for Freight Charging, Hydrogen Fueling Infra
- Ukraine Hits Third Russian Refinery In Escalating Drone Strikes
- Rystad Looks at the Buzz Around White Hydrogen
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Is Peak Oil Demand Close?
- Vessel Sinks in Red Sea After Missile Strike
- JP Morgan, Standard Chartered Reveal Latest Oil Price Forecasts
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Rystad Forecasts Net Production of Top Permian Producers in 2024
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension