Is Oil & Gas Production A Good Career Path? Are you trying to choose a good career path for yourself? You might wonder whether to move to other states to live or work in new industries to earn a living. Please don’t confuse yourself much. Let us give you a chance to give advice. You can choose a traditional industry such as oil & gas, but now you might wonder is oil & gas production a good career path. Well, you don’t have to worry about it. But why do we talk about oil & gas careers? Because there are many best paying jobs in oil & gas production and the safe environment makes it easy for you. Our expert team has researched several job and labor data and statics to get your question answered.
The oil and gas industry is a dynamic, ever-changing field that offers great opportunities for those with the right skills. It provides energy to homes as well as businesses around the world – but it takes work.
To get started in this challenging yet rewarding job market, you will need experience or advanced degrees. After a lot of research, oil and gas production is a great career path.
Pursuing careers in oil and gas industry is an exciting option.
Not only can applicants expect better than average pay, but they also have access to various oil fields jobs opportunities around the world through open positions at major companies like Shell or BP. Obtaining an education in this field will help you start your journey as one of our top professionals.
Those who enjoy working with their hands and exploring different parts of the world can find careers as engineers, scientists, or other jobs in the oil industry. It’s also a great path for those interested deeply in gas/oil production.
Oil and gas jobs are some of the most diverse in terms of career opportunities. From working on offshore rigs to office positions, there is something for everyone.
Oil and gas industry workers are often put on a call with long shifts, which can be intense. However, pursuing a career in the oil and gas industry is definitely rewarding because you are paid more than the average salary in the U.S.
On average, oil and gas industry employees work 49.5 hours per week, while part-time employees typically only put in 20 each week, according to data from the BLS (Bureau of Labor Statistics).
The oil and gas industry is a complex one with many parts to it. Some work on pulling the resources from beneath our feet, refining them into something we can use for fuel or products like plastics.
Then there’s someone else team responsible for finding where exactly these places exist so that they may be drilled down too.
The variety among workers isn’t limited, though: you’ll come across engineers recycling old equipment back onto new ones while others specialize solely in managing production platforms.
The oil and gas industry has been around since the early 20th century. It was one of America’s first major industries to expand into a global force. So, are you ready to have a career in the energy industry?
The sector is still going strong, with new innovations coming out almost daily that will change how we think about energy forever.
But is oil & gas production a good career path for you? Well, that depends upon many factors, and the first factor is if careers in oil and gas seem good to you.
People considering a career in the gas and oil industry must continue reading.
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Oil & Gas Production – Overview
Oil and gas production is the process of generating oil from wells, turning it into final petroleum products that we all use for different uses. This encompasses methodical stages starting with site exploration all the way up to distribution for enterprises or the general public at large.
Oil and gas production is one of the most important industries in today’s global economy. As with any other major sector, it may be prone to instability, leading to shortages or higher prices if not properly managed.
But now is a perfect time for an increase because two big producers are currently having issues that could potentially result in chronic shortages.
The United States, with its vast oil reserves and natural gas resources, is an abundantly wealthy country.
But this prosperity has yet to be shared equally by all Americans, who continue to struggle with high prices for necessities like fuel. This puts more pressure on a poor economy already struggling due to low wages, among other factors.
The situation was enough that President Joe Biden announced March 2022 plans were being made possible thanks largely to increasing domestic production.
The government also decided to release 1 million barrels daily from the Strategic Petroleum Reserve to help cut costs across America.
Careers in Oil and Gas Production -Is Oil & Gas Production a Good Career Path?
Every industry has some advantages and some disadvantages. A sector can perform well in one area and might fail to do so in another area. Today we are talking about where the oil and gas industry stands.
Workplace Safety
Oil and gas production has always been dangerous, but thanks to recent workplace changes implemented by industry professionals, it is now one of the safest industries for workers.
The new safety protocols have significantly reduced incident rates in just five years.
Priorities like proper fall protection systems and steel-toe shoes were among those decisions that helped end this once serious problem – as you can work safely without worrying about your health or life on site today.
All these workplace safety advancements encouraged people to choose a career in oil and gas production.
The oil and gas industry has made great strides in minimizing workplace injuries over the last decade.
In 2017, only 1 out of 100 oil and gas workers suffered an on-the-job injury which is 41% less than what it was back when data started tracking this statistic (in 2003).
As you can see from these numbers, there’s plenty of room for improvement, but with some good management practices, we could easily achieve our goal: zero accidents.
Alluring Salaries
Oil and gas production jobs can be lucrative. You might not have the chance to make big bucks in your career, but if you’re looking for a stable job with extended hours that will help support yourself and those who depend on you, then oil and gas careers could very well suit all of those desires.
The average annual salary for people who work in the oil and gas industry is $102,190. This is much more than the average salary for people in the United States, which is $58,260.
However, the salaries for people who work in this field vary a lot because the job duties and responsibilities are different for each person. The per-year salaries can range from $36,440 to $231,540.
Oil and gas production jobs have been a great opportunity to work abroad. The pay in these offshore industries is handsome due wide profit margins.
There are plenty of lucrative opportunities available for those who are willing to put their skills towards making money off oil or natural resources as coal mine workers do. These overseas oil and gas jobs are lucrative, with the potential to grow in the industry.
A good salary ticked box can somewhat answer your question, “Is oil and gas production a good career path?” Now let’s talk about another important factor.
Working Environment
There are a lot of different options out there for people who want to work. Some might prefer working in the field while others would rather spend their time in an air-conditioned office with furnished rooms and plenty of coffee machines.
But what is your preference? Now let’s learn more about the workplace environment in oil and gas production jobs.
The industry is full of different positions, some of that have more challenging conditions than others. For example, offshore rigs may require stronger physical abilities because they are often deep beneath the water where there’s no air to breathe.
Workers must work inside steel tubes called derricks which can be very hot environments for humans being outside all day long with little shade available.
The average office job does not usually involve working at a height above sea level, so that it wouldn’t matter. The offshore oil and gas jobs are very limited.
Some jobs have good conditions, and some have bad conditions. It depends on where the job is and what your position is. Some people are okay with working in harsh conditions, while others don’t want to do that. So, what do you think?
Career Growth and Industry’s Future
Oil and gas production is an industry of the past. Well, one may have their opinion about its future, but here’s what numbers suggest.
The oil and gas industry supports 9.8 million jobs in America, making up 5% of total employment here. So what does this mean for you? The choice is yours to make: do we think there’s a future with these numbers?
Even though some countries are trying to reduce their use of oil and gas, the demand for this type of fuel is not expected to end any time soon. Studies predict that there will be an increase of 1.9 million jobs in the oil and gas industry by 2035.
The oil and gas industry offers a variety of job positions, from entry-level to administrative.
There are some desired jobs in oil & gas production, though–those that require specific qualifications or experience include engineering technicians; geologists/ miners who extract natural resources like petroleum products such as gasoline, heating oils, etc.; physicists involved with exploration processes on land and at sea including offshore drilling platforms.
Oil and gas production has been my dream job since I was 16. The pay is excellent, and the room for growth immense – but what about you? Is oil and gas production a good career path? Or should we be looking at something new together?
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Why Choose a Career in Oil & Gas Production?
There are many advantages of choosing a career in the oil and gas sector, some of which are motioned below:
- The salaries are more than the national average.
- Worldwide overseas oil and gas jobs.
- Higher demand for jobs in this industry.
- Internship programs to permanent job options.
- Career growth opportunities.
- Transferable skills to learn.
Education and Skills Needed For Jobs in Oil and Gas Industry
There are many different jobs in the oil and gas industry. You don’t need the experience to get some jobs. Other jobs, like engineering or geoscientist, require a degree.
The skills and education requirements for a job in the oil industry vary greatly. For instance, many entry-level positions are available that require no experience in this field; instead, they offer on-the-job training, which can be very beneficial if you’re starting out.
Higher level jobs such as engineer or geoscientist might have higher qualifications necessary, like bachelor’s or master’s degrees.
But some companies will still hire without these types of documents if your resume shows promise enough. However, what kind of education each company requires? So make sure yours indicates where relevant skills lie before applying.
How Can You Start a Career in Oil & Gas Industry?
People hoping to start a career in the oil and gas industry must prepare themselves with the necessary training, experience, and education for their desired job. You must complete certification courses or degree programs and obtain CDLs, which some employers require.
The top 1/3 of your résumé is the main part an employer observes. Make sure you use this space wisely and highlight relevant skills to catch an employer’s eye.
SUMMARY
- Careers in the oil and gas industry are in high demand and pay more than average.
- Tons of entry-level positions with job training are available.
- Tons of entry-level jobs are available without the requirement of any experience.
- Jobs in the oil and gas industry are getting safer.
- Highlight the relevant skills in your resume.
- More people are working in the oil and gas industry extraction group than ever before. This number has been growing steadily for the past few years, and it is estimated that this trend will continue in the coming years.
- Careers in oil & gas raised with a rate of 9.68%, from 127k people in 2018 to 140k people in 2019, as per dataUSA.
Is Oil & Gas Production a Good Career Path?
With the oil and gas industry constantly changing, it’s important to stay on top of trends. The latest developments mean that there are more opportunities than ever before.
The oil and gas industry rewards more personally and professionally than average.
There are many different types of jobs in the oil and gas industry.
You can work in transmission, refining, or distribution. You can also be an energy engineer or a trader.
To find out what it takes to get one of these jobs, you need to research how to become an energy trader or engineer. This will help you understand what roles are available and which one interests you the most.
Networking events are a great way for students and graduates to meet professionals in their fields. At these events, they can make useful contacts to help them progress in their jobs in the oil and gas industry.
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Career Paths in Oil & Gas Industry – Jobs in the Oil & Gas Industry
With the constantly evolving oil and gas industry, there are numerous career opportunities to choose from that cater to a variety of interests and qualifications.
Whether you have an eye for engineering or prefer working in land management, this expansive field has something suitable for everyone – exposing them to diverse experiences.
Are you ready to find your perfect fit in the oil and gas industry? From engineering to marketing, analyze which career path speaks most strongly to you.
Mud Logger – Average Salary is $39-$47k
Join the ranks of Mud Loggers and help fuel our energy needs. While onsite, you’ll be responsible for ensuring a safe drilling environment by carefully monitoring key metrics during extraction. Your expertise is critical to keeping us powered up – don’t miss out.
Mud loggers lead demanding yet versatile lives, as their working hours depending on the employer’s requirements.
Generally operating twelve-hour days over a two-week period both offshore and at home, more intensive stints of four weeks consecutively may be required depending on the situation.
A Mud logger’s salary can be quite lucrative, with experienced professionals commanding a hefty sum of up to $65,000.
However, the average salary of a mud lodger in the U.S. falls between $39-$47k, demonstrating that if you have what it takes and are willing to put in the effort, you could secure handsome remuneration for your services.
Mining Engineer – Average salary between $58,272 to $100,444
Mining engineers oversee the successful launch of new mining operations, playing a critical role in each stage of development. They are key to ensuring the efficient and effective use of landscapes required for excavation activities.
A mining engineer is an essential part of the process of bringing minerals into our everyday lives.
This highly demanding job includes assessing potential sites, ensuring safety and efficiency during active operations, and closure at the end of a project – all with long hours on remote worksites worldwide.
Geology is a fascinating field of study and a great career choice for those who crave exploration. For certain positions within the geology industry, having a doctoral degree in related areas may be necessary to make waves and get ahead in your profession.
Becoming a mining engineer offers an attractive proposition for those seeking a career where both experience and skills are rewarded.
With salaries ranging from $58,272 to $100,444 in the U.S., there’s plenty of potential for growth in mining engineering in the oil and gas sector.
Marketing Coordinator – Average Salary $76,375
With no scientific or engineering experience necessary, enterprising professionals can make an impact in the booming oil and gas industry.
From marketing coordinators who oversee operations to those specializing in making sure supplies are always readily available, there’s a variety of roles open with some of the biggest names around. Make your mark on energy production today.
As a marketing coordinator, you will be responsible for forming collaborative relationships with client services and generating reports on the sale and supply of products. Scheduled daily hours can range from 9 am to 5 pm.
The options are plentiful for those looking to pursue a career in oil & gas production.
With years of experience come attractive wages—the average salary for marketing coordinators is $76,375 per year within this industry in the U.S., making it an excellent option for professional growth and financial stability.
Still thinking, is oil & gas production a good career path? Keep reading the article for more info on oil and gas careers.
Energy Engineer – Average salary between $87881 to $106371
Energy Engineers strive to craft cutting-edge solutions that provide renewable energy while also ensuring efficiency.
From conducting energy surveys and onsite inspections, they seek out the most effective methods for bringing sustainable power sources into our everyday lives.
Energy engineers play a vital role in resource exploration, often requiring long and demanding shifts onsite. Some cases require working seven days straight to ensure drilling operations run smoothly and efficiently.
For those seeking a career as an energy engineer, having the relevant qualifications is essential. These may include engineering and climate science – subjects that are growing in importance and prevalence in recent years.
Most significantly, however, the average salary of such professionals stands at $73,974 – making this profession attractive for many aspiring engineers. The Average salary ranges between $87881 to $106371 in the U.S.
Rotary Drill Operator
Join the crew in one of the most demanding roles in oil and gas: Rotary Drill Operator. As a Roughneck, you’ll lead operations onsite to drill holes that form pathways for future energy resources. Tackle this entry-level role with enthusiasm as you travel across countries from job site to job site.
The rotary drill operator oil field jobs offer you flexibility and the opportunity to explore new places. And while many operators work in mining, there is also abundant potential for those who prefer working with oil & gas – plus easy relocation if unexpected events arise.
A career as a rotary drill operator is secure and rewarding, yet the average hourly rate can differ drastically depending on the industry. For instance, when working in mining versus oil & gas sectors of this profession – an almost $10K salary gap arises annually.
Petroleum Engineer – Average Salary is $130,850
Earn the highest salaries in the oil and gas field by becoming a petroleum engineer.
Through creative problem-solving and innovative ideas, these professionals develop plans to harness oil and gas from deep below Earth’s surface while continuously improving current extraction methods.
Earning a bachelor’s degree in engineering and, ideally, obtaining higher-level qualifications like master’s or doctoral degrees are essential to pursue a successful career as a petroleum engineer.
You will be called on to make informed decisions as an oil and gas specialist. Your role involves:
- Using computer models for extracting resources cost-effectively.
- Overseeing drilling activities safely.
- Soundly testing equipment before use.
Those with a degree in petroleum engineering enjoy one of the highest median salaries among all major professional occupations: $130,850 annually.
Six-figure incomes are not out of reach for those truly pushing boundaries and excelling at their craft – top earners make over $186K every year.
Despite climate change regulations always looming, this industry is as rewarding and secure now as ever.
How Oil & Gas Production Industry Reacted to the Covid-19
The pandemic has drastically impacted the oil and gas industry, with a loss of 11.7% in employment since February 2020 – from 176,600 workers to only 156,000 six months later. This significant decrease is an alarming indicator of the state of this once-thriving sector.
The oil and gas sector experienced a significant shift over the past year, with services experiencing an employment decrease of 26.2%, pipelines decreasing by 9.4%, and exploration and production increasing by 1.3%.
Altogether this translated to 20,500 lost jobs in the services sub-sector but added gains of 1,100 positions for the exploration sub-sector.
Canada’s unemployment rate in the oil and gas sector saw a dramatic increase of over four percentage points between May-June 2020, leading to an unprecedented 16.1% jobless figure compared with 5.3% just five months prior.
June saw unemployment soar to unprecedented heights, with the oil and gas services sub-sector registering a staggering 23.3% compared to 16.5% for pipelines and 10.4 % for exploration and production – revealing an alarming disparity between sectors of this industry in Canada’s current labor market climate.
Despite the oil and gas sector’s presence in Canada, June 2020 saw a significant drop in employment positions as 6,700 jobs were lost across the country. Alberta was particularly hard hit, with 70% of all cuts occurring there.
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Final Words
I hope from all above you got your answers to the question, “is oil & gas production a good career path?”.
From mechanics to engineers, the oil and gas industry has something for everyone. With ample room to progress their career ladder and numerous job opportunities available, it’s no wonder why many are finding fulfilling success in this booming field – is a future as an oil & gas professional right for you?
With job security at its peak, the oil and gas industry is a thriving sector with ample opportunity for professionals worldwide. With no signs of instability, workers can confidently pursue career paths within this robust field, knowing they will have access to sustainable jobs.
With a wide range of career paths and great diversity in employment options, the industry offers something for everyone, from entry-level jobs that don’t require college degrees to more advanced positions.
Are you considering a career in oil and gas production? We’ve got information to help guide your decision-making process. Make sure that all of your questions have been answered before deciding if this industry is the right fit for you – we’re open to hearing any thoughts or ideas you may have, so don’t hesitate to contact us.
Frequently Asked Questions
Is the oil and gas industry a good career path?
The oil and gas industry provides excellent career prospects with its combination of stability and security. Boasting a myriad of benefits, pursuing this path is an excellent choice for any aspiring professional.
What are the abest paying jobs in oil & gas production?
Project Managers in the oil and gas industry can expect to be handsomely rewarded for their efforts, with an average annual salary of $157,795.
What is the best qualification degree for the oil industry?
Petroleum engineering is renowned for propelling graduates into successful careers in the oil and gas industry. Companies clamor to onboard professionals with this degree, as it provides them with a dual mastery of mathematics and science – essential skillsets for navigating all aspects of the sector.
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