{"id":821,"date":"2023-03-29T15:14:37","date_gmt":"2023-03-29T15:14:37","guid":{"rendered":"https:\/\/raterpoint.com\/?p=821"},"modified":"2023-03-29T15:14:42","modified_gmt":"2023-03-29T15:14:42","slug":"how-many-jobs-are-available-in-oil-and-gas-production","status":"publish","type":"post","link":"https:\/\/raterpoint.com\/how-many-jobs-are-available-in-oil-and-gas-production\/","title":{"rendered":"How Many Jobs Are Available In Oil And Gas Production?"},"content":{"rendered":"\n

Many people wonder how many jobs are available in oil and gas production. This is because today, the oil and gas production sector leads in employment rate, among others. <\/p>\n\n\n\n

This industry supplies the world\u2019s running energy and offers job opportunities to those looking to walk that path.<\/p>\n\n\n\n

The oil and gas production industry is a critical energy market sector. Based on PWC\u2019s estimations, this sector has over 9.8 million jobs, accounting for 5.6% of overall US employment. <\/p>\n\n\n\n

The Energy Information Agency projected that the US market size of the oil and gas production sector would expand by 80%. Recently, the market is now worth $812 billion.<\/p>\n\n\n\n

This article will highlight the vast employment opportunities available in the oil and gas industry. This will guide you through the specific one you choose to follow.<\/p>\n\n\n\n

How Many Jobs Are Available In Oil And Gas Production?<\/h2>\n\n\n\n

The oil and gas production industry is a combination of both entry-level and advanced-degree jobs. <\/p>\n\n\n\n

Yearly, it provides millions of jobs to people interested in walking down that career path. Let\u2019s look at some jobs available in the oil and gas production industry.<\/p>\n\n\n\n

Petroleum Production Engineers<\/h3>\n\n\n\n

One of the highest-paying jobs in the industry, with over 1500 job openings yearly. The primary function of PPEs is the supervision and enhancement of production. <\/p>\n\n\n\n

They carry this out at the facilities and refineries where raw petroleum is transformed into finished goods.\u00a0<\/p>\n\n\n\n

A production engineer, among other things, ensures that the final distillation procedures go off without a hitch. He also makes sure the gas in your car is good enough. The average salary range for petroleum production engineers is between $60,000 and $175,000.<\/p>\n\n\n\n

Geologists<\/h3>\n\n\n\n

This is one of the highest-paying jobs available in the oil and gas production industry.<\/p>\n\n\n

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With oil and gas extracted from many sites with diverse topographical problems, open slots for geologists are usually on the top side.<\/p>\n\n\n\n

According to the US Bureau of Labor Statistics<\/a>, this role has an expected 5% employment growth rate.<\/p>\n\n\n\n

The geologist reveals the potential dangers of the terrain concerning rig building and maintenance. <\/p>\n\n\n\n

This is important in cases where businesses drill beneath the earth’s surface in search of rock formations carrying oil and gas. Their average salary comes between $60,000 and $175,000.<\/p>\n\n\n\n

Health, Safety, And Environmental Management<\/h3>\n\n\n\n

An HSE manager ensures that everyone who works on oil and gas production and the environment is safe. <\/p>\n\n\n\n

They design and carry out all measures to guarantee workers\u2019 complete safety. <\/p>\n\n\n\n

Aside from that, they\u2019re also responsible for conducting risk analysis and following the appropriate laid-down rules. Their salary average is about $70,000-$120,000.<\/p>\n\n\n\n

Drilling Services<\/h3>\n\n\n\n

The primary concern of these experts is the use of drilling rigs to remove oil and gas from the earth’s surface. <\/p>\n\n\n\n

They also run the drilling process, build structures for drilling rigs, and operate and care for drilling equipment. The range of their salary is between $40,000 and $100,000.<\/p>\n\n\n\n

Financial Manager<\/h3>\n\n\n\n

Being huge, oil firms require management of their finances and assets. If you have a degree in finance but don\u2019t want to work in the financial sector, this is a pleasant choice. <\/p>\n\n\n\n

Aside from knowing the ins and outs of the company’s financial structure, it’s critical to understand the risk of currency exchange rates.<\/p>\n\n\n\n

Since oil is an international resource, it is necessary to understand how international banking and currency work. The average financial manager\u2019s salary ranges between $80,000 – $425,000.<\/p>\n\n\n\n

Reservoir Engineers<\/h3>\n\n\n\n

These engineers devise plans and put them into action to increase the amount of oil and gas that comes out of reservoirs. <\/p>\n\n\n\n

They might also work on developing new technologies to boost production effectiveness. The average salary of reservoir engineers falls between $40,000 and $100,000.<\/p>\n\n\n\n

Human Resources Manager<\/h3>\n\n\n\n

The sciences and finance are not the only available jobs in the oil and gas production industry.<\/p>\n\n\n\n

Human resources is equally important, as an HR manager will recruit the best employees to ensure the smooth running of the business.\u00a0<\/p>\n\n\n\n

Having a skilled HR manager in the oil and gas sector is priceless. If you\u2019re considering taking up this role in the industry, you\u2019ll require a high level of interpersonal and administrative skills. HR managers usually earn between $60,000 and $150,000.<\/p>\n\n\n\n

Hydraulic Engineers<\/h3>\n\n\n\n

Most of the growth in US oil production is due to hydraulic fracturing<\/a> in Texas and North Dakota. <\/p>\n\n\n

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Companies use fracking to recover oil by injecting water beneath the earth\u2019s surface at incredibly high pressure.<\/p>\n\n\n\n

A hydraulic engineer ensures the water is under the proper pressure and traveling in the right direction during this delicate process. <\/p>\n\n\n\n

They work alongside drilling engineers to make sure the process is smooth. The average salary ranges between $60,000 and $300,000.<\/p>\n\n\n\n

Truck Drivers<\/h3>\n\n\n\n

They must transport the raw crude oil and the finished product to different locations. This is only possible if there is someone to drive the petroleum trucks.<\/p>\n\n\n\n

Therefore, there is usually open employment for truck drivers transporting the oil around.\u00a0<\/p>\n\n\n\n

Here, you\u2019ll learn how to drive trucks explicitly made for moving oil and also complete paperwork for moving oil and gas. The salary range for this role is between $40,000 and $105,000.<\/p>\n\n\n\n

Oil Rig Workers<\/h3>\n\n\n\n

The oil rig workers do the physical work needed to set up and maintain the oil rig. This may include climbing in awkward positions on rigs and pipes. <\/p>\n\n\n\n

They might spend time traveling or on a remote oil rig. The average salary range is between $35,000 and $100,000.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The oil and gas sector in the United States supports millions of jobs and many other fundamental services. <\/p>\n\n\n\n

Different well-paying soft-skills, white-collar, and blue-collar positions are available, so you have many options to consider.<\/p>\n\n\n\n

FAQs<\/h2>\n\n\n\n

1.) What Course Should I Study For Oil And Gas Production?<\/h3>\n\n\n\n

This is solely your choice to make. There are many courses, be it geology, petroleum engineering, or HSE. Just find what works for you. <\/p>\n\n\n\n

Also, you can apply to a trade school to learn how to operate machinery if you prefer physically demanding professions.<\/p>\n\n\n\n

2.) What Are The Fields In The Oil And Gas Sector?<\/h3>\n\n\n\n

As earlier stated, the oil and gas industry is a huge energy market. It is, however, divided into three categories, which are:<\/p>\n\n\n\n