Industry Sector: Energy
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TH E EN ERGY CAPITAL OF TH E WORLD Houston is the Energy Capital of the World and the “brain trust” for virtually every segment of the oil and gas industry, including exploration, production, transmission, marketing and supply with a growing focus on renewable forms of energy technology. Houston employs nearly a third of the nation’s
jobs in oil and gas extraction. Houston is home to 4,800 energy- related firms and is at the forefront of foreign investment in energy—particularly in Mexico. Additionally, Houston’s petrochemical sector is experiencing record level growth with $50 billion dollars of facility construction underway.
Home to more engineers than any other U.S. Metro
establishments in Houston
More than 80 pipeline transportation establishments
More than $50 billion in petrochemical projects recently completed or underway
More than 700 exploration and production firms and 800 oilfield service companies
Hundreds of manufacturers and wholesalers of energysector products
4,800+ energy-related
ENERGY INDUSTRY “BRAIN TRUST” Houston’s high concentration of energy expertise and experience has meant a large number of relocations to the Houston region since Shell Oil left New York for Houston in 1971.
INDUSTRY OVERVIEW The Houston MSA holds thirty percent of the nation’s jobs in oil and gas extraction and one in eight of the nation’s jobs in support activities for mining. Source: U.S. Bureau of Labor Statistics - December 2017
Houston is home to 40 of the nation’s 134 publicly traded oil and gas exploration and production firms, including 10 of the top 25 Access to 3
million workers
Eight of the ten largest global integrated oil companies have operations in houston Engineering and architecture occupations location quotient 1.68
