Since we opened our office in Houston in 1995, the American oil and gas industry has seen many changes. Today, we continue to supply contract personnel to oil and gas clients across America from our offices
in Houston, Anchorage, New Orleans, Ohio and Pittsburgh.
Houston is the world’s number one oil and gas hub and is one of the fastest growing cities in America. As well as being the USA’s most populous city, it also boasts a GDP higher than Austria, Argentina and South Africa. Since the discovery of oil in 1901, Houston has gone from strength to strength with oil and gas representing 26.3% of the city’s GDP.
Today, it is also one of the most ethnically diverse cities in the US with over 90 different languages spoken and has been rated number one in the US in terms of new job creation by the US Bureau of Statistics.
As a result, we have seen clients increasingly developing their infrastructure to accommodate this growth. On the back of this trend, we are also seeing high net migration to Houston. Much of the growth has been buoyed by projects in the Gulf of Mexico and shale gas projects across the country.
The technology that has been developed in order to access the reserves of shale oil and gas has created a plethora of new jobs and opportunities
that Fircroft has been helping to fill. Many of these projects are managed directly from our Houston branch. This growth is also having a knock on effect on the cost of living and fuel a real demand for skilled personnel. In terms of rate trends, this activity is driving rates up at a steady level.
Our Houston office continues to grow year on year and the number of recruiters has increased by 60% over the past three years in order to cope with this demand. Moreover, local statistics indicate that 80,000 more people are expected to relocate to the Houston area in the next 12 months due to the demand in the oil and gas industry. We will also be making further improvements to the resources in our other American branches, alongside Houston, as we have also seen increased demand for candidates in these areas.
Overall, it is undoubtedly an exciting time to work in the US oil and gas industry both in Houston and also in the shale sector. It is estimated that there could be as many as one million people employed in the industry by 2025 and new reserves are being discovered every year, particularly in Texas. With Fircroft’s offices located at the heart of the activity, it means we are well-positioned to meet this demand through the continued supply of contract personnel.