LNG

Sept 7 (LNGJ) - The Texas Alliance of Energy Producers said the monthly upstream oil and gas employment figures have risen for the first time in 19 months. “The reversal of the employment-loss trend is an encouraging sign that the deep contraction in the Texas upstream oil and gas economy is in the process of coming to an end," said Karr Ingham, the economist who created and maintains the Texas Petro Index. Estimated Texas natural gas output was more than 708.9 billion cubic feet, a year-on-year monthly decline of about 5.2 percent. However, the number of active drilling rigs in Texas surpassed 200 units for the first time since March and the price of crude oil continued a four-month rally.