Economic Indicators
Permian Basin Economic Indicators
Midland and Odessa’s combined nonfarm employment increased to 172,200 during January, and unemployment continued to fall. Oil production grew to over 3 million barrels per day and the rig count continued to rise.
March 22, 2018
Economic Indicators
Permian Basin Economic Indicators
Wages in the Permian Basin fell for the second quarter in a row after spiking in first quarter 2017. The rig count, crude oil production and oil prices all rose in January.
February 22, 2018
Economic Indicators
Permian Basin Economic Indicators
Employment in the Permian Basin increased slightly, while unemployment inched up. Production continued its strong trajectory as the rig count continued to tick up.
January 18, 2018
Dallas Fed Energy Survey
Business activity gained momentum in the fourth quarter, according to oil and gas executives responding to the Dallas Fed Energy Survey.
December 28, 2017
Economic Indicators
Permian Basin Economic Indicators
Employment in the Permian Basin inched up in October while the unemployment rate fell. In November, Permian Basin production continued to expand while the rig count remained relatively stable.
December 21, 2017
Economic Indicators
Permian Basin Economic Indicators, November 2017
Employment in the Permian Basin continued to grow in September while the unemployment rate fell. Permian Basin energy indicators were a mixed bag as the rig count contracted but production continued to expand.
November 16, 2017
Economic Indicators
Permian Basin Economic Indicators, October 2017
Permian Basin employment grew in August, and the unemployment rate ticked up. During September, estimated oil production and the rig count rose as did the average monthly price per barrel of West Texas Intermediate crude oil.
October 11, 2017
Dallas Fed Energy Survey
Business activity continued to increase in the third quarter, but at a slower pace, according to oil and gas executives responding to the Dallas Fed Energy Survey.
September 27, 2017
Economic Indicators
Permian Basin Economic Indicators, September 2017
Permian Basin employment grew in July at a 1.1 percent monthly annualized rate, and the unemployment rate ticked up.
September 13, 2017
Economic Indicators
Permian Basin Economic Indicators, August 2017
In June, Permian Basin employment remained stable and the unemployment rate continued to fall. The average monthly price per barrel of West Texas Intermediate crude oil rose in July, while estimated production and the rig count continued to climb.
August 10, 2017