Benefits of oil and gas to US States: M - N

Oilfield Technology, Monday, 06 October 2014 09:45

Montana

At a minimum, 226 businesses, across Montana’s at large congressional district, are part of the larger oil and natural gas supply chain.
The oil and natural gas industry in Montana supports 43 100 jobs, which is 6.7% of the state’s total employment.
Labour income in Montana is supported to the tune of US$ 2.01 billion /y by the oil and gas sector.
Montana’s average annual salary is US$ 36 499, for the oil and gas sector it is US$ 81 226 /y.
By 2035, 18 811 jobs are expected to be supported by hydraulic fracturing and horizontal drilling.

37 businesses, across all of Nebraska’s congressional businesses are supported by the larger oil and natural gas supply chain.
The state’s oil and gas sector supports 47 200 jobs.
Labour income is supported by US$ 2.69 billion /y from the oil and gas sector.
The average salary per year in Nebraska is US$ 39 358, for oil and gas in the state it is US$ 68 848.
Overall the oil and gas industry supports US$ 4.7 billion of the Nebraskan economy.

At a minimum, 40 businesses across all four congressional districts in Nevada are part of the larger oil and natural gas supply chain.
The sector supports 48 600 jobs in Nevada, 3.2% of the state’s total employment.
Labour income is supported by US$ 2.43 billion/y from the oil and gas industry.
Average annual industry income in Nevada is US$ 42 941, in the oil and gas sector it is US$ 57 722.
Overall the oil and gas sector 3.8% of the state’s economic activity.
By 2035, hydraulic fracturing and horizontal drilling is anticipated to support 13 867 jobs in the state.

20 businesses across both of the state’s congressional districts are part of the larger oil and natural gas supply chain.
The sector supports 24 900 jobs in the state.
Labour income is supported by the oil and gas industry at a level of US$ 1.25 billion /y.
Average yearly salary in the state is US$ 49 433, or US$ 60 369 if working within the oil and gas sector.
3.3% of the state’s total economic activity is supported by the industry.

At a minimum, 177 businesses covering all of the state’s congressional districts are part of the larger oil and natural gas supply chain.
The sector supports 143 900 jobs in the state, totalling 2.9% of employment.
Labour income is supported to the tune of US$ 10.12 billion /y by the oil and gas sector.
Average yearly salary in New Jersey is US$ 58 998, for the oil and gas sector it is US$ 88 205.
Overall, the industry supports US$ 19.9 billion of the state’s economy.

In New Mexico, at least 902 businesses across all three congressional districts, support the larger oil and natural gas supply chain.
105 600 jobs in the state are supported by the oil and gas sector, equal to 9.9% of total employment.
Labour income is supported by the oil and natural gas industry at a level of US%$ 5.35 billion /y.
The average income per year in the state is US$ 39 660, but in the oil and gas sector it is US$ 71 505.
In total, the industry supports US$ 11.3 billion in the state’s economy.
New Mexico is 6th in oil and 7th in natural gas production in US rankings.
By 2035, 58 466 jobs are expected to be supported by hydraulic fracturing and horizontal drilling.

392 businesses spread over New York support the larger oil and natural gas supply chain.
270 600 jobs are supported by the sector in the state.
US$ 20.42 billion /y supports labour income figures in New York from oil and gas employment.
The average New York salary is US$ 64 197/y, but it is US$ 80.843/y for the oil and gas sector.
Overall the industry contributes US$ 35.2 billion /y to the state’s economy.

137 businesses across North Carolina support the larger oil and gas supply chain.
The sector supports 146 100 jobs in the state.
Labour income is supported by US$ 6.76 billion/y from the oil and gas sector.
The average yearly salary in North Carolina is US$ 43 758, but is US$ 51 651 in the oil and gas sector.
Overall the industry supports US$ 12.5 billion of the state’s economy.

At least 876 businesses across North Dakota’s congressional district are supporting the larger oil and natural gas supply chain.
The sector supports 64 000 jobs across the state, 12% of total employment figures.
Labour income is supported by the oil and gas industry to the tune of US$ 3.8 billion /y.
The average salary in the state is US$ 48 740/y, or, if working within the oil and gas sector, it is US$ 90 171.
In total, the industry supports US$ 6.6 billion of the state’s economy.
In the US rankings, North Dakota is the 2nd highest oil producer and 15th natural gas producer.
By 2020, it is anticipated that 114 240 jobs will be supported by hydraulic fracturing and horizontal drilling.

Edited from API report by Claira Lloyd

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