Texas Petro Index: Oil and Gas Employment Surges But Drilling Activity Declines

[Note: Karr Ingham, Executive Vice President and Petroleum Economist at the Texas Alliance of Energy Producers, created the Texas Petro Index 20 years ago as a measure of the relative health of the Texas oil and gas industry. He updates the index several time each year and publishes the results. Below is the update released earlier today.

I recently inte…