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re: Oil and Gas Employment Hits a 2026 Low Even as Production Sets Records
Posted on 7/20/26 at 9:37 am to TideHater
Posted on 7/20/26 at 9:37 am to TideHater
quote:
So is AI taking the jobs?
I don't think so. Its more just eliminating redundancy. Mergers lead to staff reductions.
quote:
O&G salaries have not moved in almost 20yrs. Those bonuses are not guaranteed and highly variable.
fact. Salaries start off high, but they stagnate quickly. And raises are few and far between. My bonuses have been infrequent and dependent on market performance. That said, when things have been good, the bonuses have been very good. Definitely not an industry for those who depend on consistency or have a hard time adjusting to harsh realities.
This post was edited on 7/20/26 at 9:43 am
0
Posted on 7/20/26 at 9:41 am to lsu777
quote:
no better tools. I mean I guess you could say AI but its more things are much more automated and remote vs everything having to be done by hand. Its not traditional AI
yes
the old days of "being close to the wellhead" means you are safe are pretty much over, at least from a physical sense
with automation, route by exception is more prominent than ever
Posted on 7/20/26 at 9:43 am to lsu777
quote:
not median its not. yall always do this, everyone on the OT wants to argue the numbers are wrong for every trade. its not.
Well, since I work for CVX and I’m looking at our pay grades as I type. I’m pretty sure I know what the pay is. Also, the 9,000 number for Chevron is also BS.
Posted on 7/20/26 at 10:07 am to mikie421
quote:
I work for CVX and I’m looking at our pay grades
shite. Possible HR rep alert, baws.
Time to scatter!
Posted on 7/20/26 at 11:49 am to ragincajun03
quote:
$206k salary with a $50k bonus, another $50k in stock, and having your 401k matched the full 6%...I know that ain't OT Baller money, but I could think of worse ways to fund a living.
With the low cost of living in most oil rich areas you could make this, live like you make 125k a year, and retire at 50 a solid millionaire and live off your investment returns with a low stress side gig to keep busy
Posted on 7/20/26 at 11:58 am to deltaland
quote:
live like you make 125k a year
Bro, I ain't about to start buying used truck nuts. Get out of here with that shite.
Posted on 7/20/26 at 12:00 pm to TideHater
quote:
am in the Aerospace field. Just got official word today that we will be using AI to replace inspectors on most of the productio
Really? That’s pretty crazy
Posted on 7/20/26 at 12:40 pm to GREENHEAD22
quote:
Other Industries have caught up or surpassed O&G pay. With the constant stress of the industry I would not recommend anyone to join the industry. We are going through layoffs currently, this is 5th I have been through, at a rate of a layoff every 2-4 yrs
Sounds like you are in the wrong section of the industry and / or a poor employee.
I have been extremely blessed and lucky, but I have 25 yrs in the business, never was around a layoff, and annual income has increased every single year. Make enough to comfortably support 4 kids, a wife and everything they have needed and then a lot more. Wife hasn’t worked in 15 years either. Oh btw, I have 14 days off in a row every month. With PTO and holidays I probably only work 4 to 5 months a year.
I would take the oilfield over many other jobs any day.
Posted on 7/20/26 at 12:42 pm to ragincajun03
quote:
Upstream jobs there grew for three straight months into May, then reversed hard in June, down 1,500 to 2,000 positions, one of five negative months this year. And yet Texas posted 10,409 job listings in May, up 6 percent from April, more than any other state. Houston alone had nearly 2,700 listings.
Upstream, I’m not sure if we have ever been busier. Maybe just pure location proximity luck, but whatever.
Posted on 7/20/26 at 12:59 pm to Herschal
Downstream engineering now comes from Malaysia. Mechanical work planned from India. Payroll done in Argentina. All decisions centralized to HTown.
Posted on 7/20/26 at 1:05 pm to deltaland
quote:
With the low cost of living in most oil rich areas you could make this, live like you make 125k a year, and retire at 50 a solid millionaire and live off your investment returns with a low stress side gig to keep busy
I lived in the oil patch for 5 years but did not earn my living in it. I would say, just based on anecdotal evidence, that maybe 1 in 1000 oil field hands take this advice. I would also posit, again from anecdotal evidence but also first hand experience in the building trades, that working in the oil patch at 50 is damned unusual considering the physical nature of the work and the lack of obviously over 50 year olds working in the oil patch....
Posted on 7/20/26 at 1:08 pm to Herschal
quote:
Upstream, I’m not sure if we have ever been busier. Maybe just pure location proximity luck, but whatever.
My team is chasing less rigs total than we were prior to the 2015/16 downturn, yet no one is sitting around twiddling their thumbs.
Just a different game these days.
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