TIPRO State of Energy 2023 – O&G Employs 949K, Avg Wage $120K

The Texas Independent Producers & Royalty Owners Association (TIPRO) recently released the eighth edition of the organization's “State of Energy Report” (full copy below). The report gives a detailed analysis of national and state trends in oil and natural gas employment, wages, and other key economic factors for ?the energy industry in 2022. The U.S. oil and gas industry employed 948,943 professionals in 2022, according to the report. That's down from the all-time high of 1.3 million in 2019 but up 39,721 from 2021. When adding direct and indirect jobs, the oil and gas industry supported more than 19 million (!) jobs last year.

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