How Many Jobs Are Available In Oil & Gas Production

Is Oil & Gas Production A Good Career Path?

Oil and gas production jobs can offer many opportunities for people who have a passion for the industry, careers are booming, and many drilling companies are hiring right now. Instead of gushing about it, I’ve got you covered because this post will walk through what oil and gas production companies look for and if oil & gas production is a good career path for you.

What is Oil & Gas?

The oil and gas industry includes energy companies that extract crude oil from the ground, refine it into petroleum products, and sell those products to consumers. It’s a massive business with about $1 trillion in annual revenue worldwide. The United States is one of the largest markets for oil products, importing about seven million barrels per day from other countries.

Is Oil & Gas Production A Good Career Path?

Yes, Oil and gas production is a great profession to get into if you’re interested in the energy industry. On top of that, people who work in this field tend to be paid well and have plenty of opportunities for career advancement.

Pros

  • High salaries, great benefits, and excellent work/life balance.
  • You’re part of an exclusive club — oil & gas is one of the most sought-after industries in the world.
  • You’ll have plenty of opportunities for advancement.

Cons

  • The industry is cyclical, and downturns can mean layoffs.
  • It takes years to become a highly skilled professional — you’ll need to start at the bottom and work your way up if you want to get ahead.

How Many Jobs Are Available In Oil & Gas Production

The oil and gas industry is one of the biggest employers in the world, with more than 10 million direct employees. Not only does it offer high salaries, but it also provides excellent employee benefits. The industry is expanding rapidly, and according to some estimates, it will grow even more over the next few years.

Read: How Many Jobs are Available in Hotels/Resorts

If you are looking for a career in oil and gas production, you have come to the right place! Here we will discuss why this industry offers excellent opportunities for anyone who wants to join its ranks. We will also look at some of the most common jobs in this field and give you an idea of what kind of wages you can expect to earn from these positions.

Is Oil & Gas Production A Good Career Path?
Best Paying Jobs In Oil & Gas Production

Best Paying Jobs In Oil & Gas Production

If you’re in the oil and gas industry, you probably know the importance of production. Here’s a list of some of the best paying jobs in oil and gas production.

Petroleum Engineers

Average Salary: $138,800

A petroleum engineer works with new and existing wells to ensure that they are operated efficiently and safely. A petroleum engineer may also help determine how much oil or gas will be produced from a particular well over its lifetime. They must also ensure pipelines are safe from corrosion and leaks by regularly checking them for damage or leaks via pressure testing equipment or acoustic monitoring devices.

Natural Gas Engineering Manager

Average Salary: $91,000

Natural gas engineering managers oversee the operation of natural gas wells, plants, and pipelines. They are responsible for all aspects of the production process, including safety and efficiency.

They must be familiar with drilling, completion, and production from an engineering and a marketing standpoint. They work closely with other departments to ensure that their projects meet the company’s goals.

Drilling Engineer

Average Salary: $94,000

Drilling engineers are responsible for drilling oil and gas wells. They work closely with geologists, geophysicists, and other oil and gas industry people to determine where to drill a well. Drilling engineers must also select the appropriate rig for the job, hire qualified personnel and manage the operation of the drilling rig.

Geologist

Average Salary: $78,000 to $110,000

Geologists are responsible for researching rock formation and locating and evaluating new deposits of oil or natural gas. They also work with other professionals to develop drilling sites and recommend strategies for extracting resources from underground formations.

Chemical Engineer

Average Salary: $102,700

Chemical engineers work in various industries to create, develop and manage processes involving chemistry, such as those used in manufacturing and production. They ensure that these chemical processes are safe, efficient, and effective. Chemical engineers must be well versed in math, science, and engineering principles.

Mineral Mining Manager

Average Salary: $104,470

A mineral mining manager oversees all aspects of an underground or surface mine and related activities, including safety and environmental issues. They are responsible for ensuring that all workers follow safety protocols and procedures, maintaining equipment in good working order, and overseeing production levels. They may also be responsible for maintaining relationships with contractors and subcontractors involved in mining operations.

Mechanical Engineer

Average Salary: $84,520

Mechanical engineers design and develop machines, engines, and other mechanical systems. They also analyze, test, and evaluate these products’ efficiency, quality, performance, and safety. Mechanical engineers can be employed in various industries; however, most are found in manufacturing or scientific research.

In the oil & gas industry, mechanical engineers work on equipment to extract oil from wells. They also design and build drilling rigs, pumps, storage tanks, and other equipment used in oil extraction processes.

Operations Managers

Average Salary: $103,000

Operations managers are responsible for overseeing the operations of a business or organization. They typically have a broad range of responsibilities, including ensuring that the company is being run efficiently, managing personnel, budgeting, organizing events, and coordinating other functions.

Field Service Engineer

Average Salary: $68,000

A field service engineer is a person who repairs and maintains equipment in the field. The job requires good communication skills and basic knowledge of mechanics. Field service engineers typically work in oil and gas production facilities but can also be found in other industries such as mining or construction.

Read: Best Paying Jobs in Consumer Electronics/Appliances

Project Managers

Salary Range: $80,000 to $150,000

Project managers oversee projects from start to finish. They must ensure that deadlines are met and that all tasks are completed on time and within budget. Project managers must also coordinate with vendors and contractors to ensure the project runs smoothly. This can be a very time-consuming position, but it pays well.

Conclusion

 Oil and gas production might not be an exciting industry, but it has appeal. The pay is steady, and while the entry-level jobs typically don’t require a college degree, senior positions often do. Most employees report high job satisfaction, and few (if any) have complained about their benefits packages. Overall, oil and gas production seems a great industry to launch a career.