Well Services Report 2014

5. SectorResources 5.1. UKEmployees

1

2

In 2013, 15,339 people were employed in the UK well services contractor sector. Although this represents a 12.5 per cent increase from 2012 (13,635), this is due to the inclusion of employment data from two additional companies this year.

3

Despitewell services companies citinga shortageof skilledpersonnel andhighattrition ratesasakeyoperational constraint, employment levelshave remained consistentlyhigh since2006.

Attrition rateswithin thewell services sector (the staff turnover) increased to 12 per cent in 2013; this is largely drivenbyemployeesmovingbetweenwell servicesfirms andnot necessarily leaving the sector.

4

Well services companies report that international demand forUKemployees is high, demonstrating the strength of theUKworkforce.

5

Figure4: Total Employmentwithin theUKWell ServicesContractor Sector

16,000

10%

Total Number ofUKEmployees Previous Year Forecast PercentageofUKEmployeesAgainstWorldwide

6

9%

14,000

8%

7

12,000

7%

10,000

6%

8

8,000

5%

4%

6,000

Number ofUKEmployees

3%

9

4,000

2%

PercentageofUKEmployeesAgainstWorldwide

2,000

1%

0

0%

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014Forecast

Source:Oil &GasUK

Source:Oil&GasUK

page11