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Published byDominick Collins Modified over 9 years ago
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Petroleum Engineer
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Job Description Petroleum engineers find and develop new ways to extract petroleum in a profitable way Find others ways to inject water, steam, or gas to extract more oil from an oil reserve Develop plans to drill into oil and gas fields Make sure that wells, well testing, and well surveys are completed Make sure that oil drilling equipment are properly maintained and equipped
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Required Training A Bachelor’s degree in engineering or petroleum engineering is required A Bachelor’s in mechanical or chemical may also suffice Also needed is work experience which can be accomplished via cooperative engineering programs
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Typical Wages As of May 2012, the annual wages for a petroleum engineer would be $130,280 Depending on your placement, there is a different salary paid Ex: Gas and Oil Extraction Pay: $144,810 annual salary
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Job Outlook It is expected, by 2022, that the employment for petroleum engineers will increase by 26 percent The price of oil will also vary as it will cause complications for an oil business’ operations. If oil prices were to go higher, there would be a call for more engineers to drill in more unlikely areas
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Job Listing AT-Tech Location: Houston, Texas Expectations: Manage production/operations as well as supervise completions and stimulations Establish procedures and supervise field operations for completions, work-overs, and re-completions Forecast future production and reserves for SEC and bank reporting Provide economic analysis Requirements: BS in Petroleum Engineering or equivalent discipline Minimum of five (5) years of industry experience with an operator Working knowledge of the Permian Basin is a plus Proficient with the use of MS Office, ARIES or related economic software, PowerTools
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