Oil-field service sector sheds more than 103,000 jobs during pandemic

The oil-field service sector has lost more than 103,400 jobs nationally during the coronavirus pandemic, dragging service employment to the lowest level since the last oil bust of 2014-16.



a group of people on a boat: A BJ Services frack crew operates on a well site near Eunice, New Mexico, in January 2020. The oil-field service sector has lost more than 103,400 jobs nationally during the coronavirus pandemic, dragging service employment to the lowest level since the last oil bust in 2017.


© The Oilfield Photographer Inc. / The Oilfield Photographer, Inc.

A BJ Services frack crew operates on a well site near Eunice, New Mexico, in January 2020. The oil-field service sector has lost more than 103,400 jobs nationally during the coronavirus pandemic, dragging service employment to the lowest level since the last oil bust in 2017.


Oil-field service companies shed just 2,600 jobs in August, a sign that job losses in the sector are slowing since the worst of the crude demand destruction in spring. April saw the heaviest job losses totalling more than 58,300 jobs, the largest one-month drop in employment since at least 2013, according to a new report from the Petroleum Equipment & Services Association.

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