Dave Boyer

Nov 1, 20221 min

Employment Efficiency - Update Nov 2022

Over the weekend, I updated some of the oil and gas employment charts for discussion at today's panel with The Capitol Forum.

  • Employee totals remain below the last 3 hiring peaks

  • Employment Production "Efficiency" peaked 4Q2021-1Q2022

With fewer DUCs, decreased number of experienced hands, and a reduction in Tier 1 locations... it will be interesting to see where the drop in efficiency levels off.

    651
    0