Is Oil & Gas Production a Good Career Path?

Is Oil & Gas Production a Good Career Path?
 
 
 
 

The oil and gas production industry offer plenty of job opportunities to people of all skill levels, making it one of the most lucrative industries with good pay. If you know where to look, you can find highly rewarding jobs that match your education level. In addition, acquiring skills as you work gives you a better chance of climbing up the career ladder and opens doors to more perks and opportunities. If you're wondering if oil and gas production is a good career path, keep reading to find answers to this question, plus everything you need to know about this industry.

Why Is Oil and Gas Production a Good Career Path?

The oil and gas industry is one of the biggest industries globally, with 2018 statistics by the Oil and Gas UK Workforce Report showing that oil and gas companies support around 283,000 jobs in the UK alone.

The best part about this industry is the diversity it offers, with some opportunities not even requiring high education levels. Below are some of the top reasons that make oil and gas a good career path:

Good Pay

For the most part, people look for higher-paying jobs, and the oil and gas industry offers some of the most lucrative jobs on the market for both skilled and unskilled workers. On average, an unskilled employee can expect to earn up to $35,000 per year.

Along with the good pay are other incentives like financial bonuses. Often, the pay will vary depending on experience and role-specific skills. Those in senior positions or with more skilled positions usually get higher pay.

Travel Opportunities

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Working in the oil and gas industry gives you travel opportunities, including traveling outside your country. The primary reason is that oil and gas aren’t limited to one area, and the job can take you places you never imagined.

In addition to getting contracts across the country or even across borders, the job often comes with free housing.

Offers Job Stability

Oil has many applications in today’s world, and most industries rely on this product and its by-products to operate. This means that workers will always be needed to work in the oil industry.

What’s more, the need for oil remains high globally, meaning a career in this industry can set you up for life.

Healthcare Benefits

Most employers offer healthcare and insurance benefits for their employees. These benefits will vary from one company to another, but basically, your healthcare will be well-taken care of.

If you're traveling offshore for work, you may be required to perform some medical check-ups, which are paid for by your employer.

On-the-Job Training

Most companies offer on-the-job training to employees to help them gain the necessary skills required for the job. They also train workers on the latest procedures and technology to empower them to do their jobs more efficiently.

The training can take place remotely or on-site. It's also common for companies in this industry to provide ongoing training to enable workers to stay updated with current work trends.

Top Paying Jobs in Oil and Gas

Now that you know what benefits you can get, here’s a look at some of the best paying jobs in oil and gas.

Petroleum Engineer

Working as a Petroleum Engineer puts you in charge of analyzing reservoirs to determine if they can be profitably exploited. The job position also involves roles like risk assessment, supervising drilling operations, and so much more.

Petroleum Engineers are some of the highest-paid workers in oil and gas production, earning up to $63.00 per hour and almost $131,000 per year.

Geologists

A Geologist’s primary role includes studying the earth’s composition to make sure the correct oil and gas are extracted from the earth. These professionals not only investigate the subsurface in search of oil and gas but also determine which areas should be drilled and the best drilling methods.

They earn up to $70,574 per year.

Crude Oil Driver

Once the oil and gas have been extracted from the earth, they will need to be safely transported to the factories for further processing. That’s where the crude oil drivers come in.

The drivers are also the ones who transport the finished product to gas stations and consumers.

The average salary for a crude oil driver is $76,874 per annum.

Mining Engineer

Mining Engineers oversee building and developing mines and other surface and underground operations to ensure the safe extraction and transportation of raw materials. They oversee every stage of mining projects.

To land a job as a Mining Engineer, one must possess the technical know-how to understand the impact of mining on the surrounding environment, along with managerial skills.

The average salary for Mining Engineers is $70,000 per year.

Hydrographic Surveyor

Hydrographic Surveyors work onboard survey ships and platforms, investigating and mapping underwater surfaces. They specialize in precise positioning, data processing, and acquisition in marine environments.

Their roles also include studying the morphology (construction) of the seabed. The study helps them determine the physical features of an underwater area and define a body of water to support marine construction.

 
 

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