The collapse of the job market for the oil industry as-well as currently low oil prices led to low attendance numbers for the 2015 OTC at NRG Park Houston. According to Fuelfix.com, attendance fell 12.5 percent this year to 93,400, from a record 108,300 attendees in 2014. The 2015 total is the lowest since 2012, when 89,400 attendees came to the conference, but is still the fifth-highest total attendance figure since OTC began in 1969. About 140,000 oil and gas workers have lost their jobs since the price of oil began to fall from its high in June 2014.
Despite the industry downturn, OTC still grew in the number of organisations attending. The OTC reports that these attendance numbers still represent one of the largest gatherings in the conference’s 47-year history. There was 695,005 feet of indoor and outdoor exhibits which was up from 2014 numbers of 680,025 feet. There were 2,682 exhibitors this year compared to 2,568 last year as-well as 37 countries represented. Forty-two percent of the exhibitors were from international companies.
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