Oil and gas production is a great career choice for many people looking for a reliable and lucrative job. It is one of the most important and profitable industries in the world and offers a wide range of career possibilities.
The industry can provide stable employment for those who are willing to work hard and stay up to date with the ever-changing technology. Here, our industry experts will discuss the advantages and disadvantages of a career in oil and gas production, as well as provide a few tips for those considering this path.
What are the Pros of Working in Oil and Gas Production?
Working in oil and gas production has noteworthy advantages for one’s career growth such as the following:
- High Financial Rewards: Working in the oil and gas industry can be very financially rewarding. With a combination of high salaries and generous overtime, some jobs can be very profitable.
- Career Progression: Oil and gas companies are always looking to develop their staff, and many offer excellent career progression opportunities. With the right qualifications and hard work, you can quickly move up the corporate ladder.
- Technology and Innovation: The oil and gas industry is always looking for ways to improve efficiency and reduce costs. This means that you could be working with some of the most advanced technology and leading-edge innovations.
What are the Cons of Working in Oil and Gas Production?
However, there are still risks to be considered when you aim to work in this industry. Here are some points to ponder.
- Dangerous work environment: Working in the oil and gas production can be a very dangerous and hazardous job due to the risk of explosions and fires, and the risk of being exposed to toxic chemicals and gas.
- Long and irregular hours: Long and irregular hours are common in oil and gas production, as the work is often done on a 24-hour basis in order to meet production targets.
- Low pay: The pay in oil and gas production is often lower than in other industries and can be less than minimum wage.
- Environmental concerns: There are environmental concerns associated with the oil and gas production, including air and water pollution, and the risk of spills. 5. Limited job security: Job security in the oil and gas production is often limited, as it is a cyclical industry with volatile prices and production levels.
What are the Important Things To Consider When Working In The Oil And Gas Industry?
Every career has some benefits and drawbacks, thus none of them are perfect. So, the following are crucial factors to take into account in the oil and gas industry.
- Safety: Safety is the number one priority in the oil and gas industry. It is essential to follow all safety protocols and procedures to ensure the safety of workers, equipment, and the environment.
- Quality control: Quality control is essential in the oil and gas industry due to the nature of the products produced. It is important to ensure that all products are of the highest quality, and that all processes are followed correctly.
3. Compliance: Compliance with regulations and standards is essential in the oil and gas industry to ensure that all processes are transparent and fair.
4. Technology: Technology is a critical aspect of the oil and gas industry as it helps to ensure that all processes are efficient and cost-effective.
5. Sustainability: Sustainability is a key factor in the oil and gas industry, as it is important to ensure that all operations are conducted in an environmentally responsible way.
Here Are The Top Five Best Paying Jobs in Oil And Gas Industry And Their Estimated Salaries
- Natural Gas Trader – A natural gas trader is a professional who engages in the buying and selling of natural gas. Traders attempt to make profits by anticipating the direction of natural gas prices and taking positions in the market accordingly.
Salary: $47,000 to $166,000 per year.
- Petroleum Engineer – A petroleum engineer is in charge of planning and overseeing the extraction of oil and gas from reservoirs. They design and develop methods for extracting these resources from the ground, as well as maintaining and operating the equipment used in the process. They also develop plans for the best way to maximize production and minimize costs.
Salary: $131,120 per year.
- Process Engineer – A process engineer is a type of engineer who designs, optimizes, and troubleshoots industrial and manufacturing processes. They are responsible for improving both the safety and efficiency of industrial processes. They also develop new technologies and processes to help organizations improve productivity and reduce costs.
Salary: $80,846 per year.
- Mechanical Engineer – Mechanical engineers design, develop, build, and test mechanical and thermal devices, such as tools, engines, and machines. They also research, design, evaluate, install, operate, and maintain equipment used for transportation, manufacturing, and power generation.
Salary: $76,502 per year.
- Petroleum Geologist – A petroleum geologist is a scientist who studies the structure and composition of the Earth in order to locate potential sources of petroleum and other hydrocarbons. They use a range of methods such as seismic surveys, core samples, and remote sensing to identify and map deposits of oil and gas.
Entry Level Jobs In Oil And Gas Production
- Oil Truck Driver – An oil truck driver is a professional driver who transports oil and other hazardous materials from one location to another. They are responsible for loading, transporting, and unloading oil and other materials safely and in accordance with local and federal regulations. Oil truck drivers are typically employed by oil and gas companies, transportation companies, and other industries that require the transport of oil and hazardous materials.
- Petroleum Refinery Operator – A Petroleum Refinery Operator works in an oil refinery, which is an industrial process facility where crude oil is processed and refined into more useful products such as gasoline, diesel fuel, jet fuel, heating oil, kerosene, asphalt base, and other petroleum-based products. Petroleum Refinery Operators operate, monitor, and maintain the refinery’s process systems and equipment. They also inspect and troubleshoot process systems, adjust production rates, and monitor product quality. Refinery operators are also responsible for adhering to safety regulations, performing regular maintenance and repairs, and managing inventory levels.
- Oil Fire Specialist – An Oil Fire Specialist is an individual who specializes in the prevention and control of oil fires. They are in charge of assessing the risks associated with oil storage and handling as well as developing emergency response plans to mitigate fires and other risks. They also inspect oil-fired equipment and piping, inspect and maintain fire-fighting equipment, and provide training on the proper use of fire protection systems.
- Floor Hand – A floor hand is a worker on an oil or gas drilling rig who is responsible for operating and maintaining the rig’s equipment. This includes setting up and dismantling the rig, cleaning the drill floor, and performing general maintenance. Floor hands may also manage loading and unloading supplies and equipment, operating pumps and manipulators, and maintaining safety around the rig site.
- Roustabout – A roustabout is a manual laborer who is employed in the oil and gas industry. They typically perform a range of duties, including maintenance and repair work, rigging work, operating heavy machinery, and assisting with the movement of equipment, supplies, and personnel.
- Petroleum Inspector – A petroleum inspector is a person who inspects and regulates petroleum production and distribution operations to ensure compliance with safety and environmental regulations. They oversee tasks such as verifying the accuracy of a variety of documents, including logs and reports, and inspecting equipment and facilities for potential hazards. Petroleum inspectors also inspect cargo for contamination and monitor loading operations to ensure that all safety requirements are met.
What are the Education And Certification Requirements For A Career In Oil And Gas Production?
A career in oil and gas production has specific requirements to be complied. Thus, in order to be one or in order to qualify, you must possess the following educational and certification requirements.
- Bachelor’s degree in Engineering, Petroleum Engineering, or related field.
- Master’s degree in Business Administration or related field.
- Professional certifications such as Certified Petroleum Engineer (CPE) or Certified Production Technologist (CPT).
1. Certified Petroleum Engineer (CPE)
2. Certified Production Technologist (CPT)
3. American Petroleum Institute (API) certification
4. Society of Petroleum Engineers (SPE) certification
5. American Association of Drilling Engineers (AADE) certification
6. Society of Petroleum Evaluation Engineers (SPEE) certification
7. International Association of Drilling Contractors (IADC) certification
8. American Society of Mechanical Engineers (ASME) certification
Oil and gas production is an excellent career path for those looking for a stable and rewarding career. It offers a good salary, great benefits, and unparalleled job security.
So, yes, working in the oil and gas industry can be a great opportunity. It can offer excellent salaries, job stability, and the potential for career growth. Additionally, it is an industry that is constantly evolving and developing, which can open up opportunities for interesting and challenging work.