We’ve been doing this for decades, so we understand the ups and downs of oil and gas business planning. Our variable cost model (video above) adjusts with market conditions, keeping you on track regardless of the economy.
In the January 2023 Short-Term Energy Outlook, the US Energy Information Administration forecasts that crude oil production in the United States will average 12.4 million barrels per day (b/d) in 2023 and 12.8 million b/d in 2024, surpassing the previous record of 12.3 million b/d set in 2019. In 2022, U.S. crude oil production averaged an estimated 11.9 million b/d. Increased production in the Permian region and, to a lesser extent, in the Federal Offshore Gulf of Mexico (GOM) drives our forecast growth in production. We base our forecast on our expectations of crude oil prices and infrastructure capacity additions. Now is the time to start planning for more hires to get the crude out of the ground and refined. We can make this all easier by taking care of back end Admin HR tasks for you. We will grow with te increased work with every new hire of yours so your internal HR staff can focus on strategy and keeping your new employees happy.