Best Paying Jobs in Oil and Gas Production That you need to know

Oil and Gas Production

Best Paying Jobs in Oil and Gas Production

Best Paying Jobs in Oil and Gas Production

There are numerous job opportunities in the oil and gas production, and each position offers its own unique challenges, responsibilities and job duties.

The following list provides an overview of the top ten best paying jobs in the oil and gas production sector.

This list is based on salary data from the US Bureau of Labor Statistics Occupational Outlook Handbook (OOH). All figures have been rounded up or down to the nearest hundred dollars to make comparing salaries easier.

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Well Site Manager

A well site manager oversees the work of a drilling rig crew in order to ensure that the drilling process is done efficiently.

This job requires a high level of education and experience, as well as excellent people skills in order to work with the crew members on a day-to-day basis.

The pay for this position is often very high, with salaries ranging from $110,000 to $200,000 per year.

Petroleum Engineer

A petroleum engineer is a professional who knows how to extract oil from the ground. They design, develop, and produce drilling plans for production areas. Petroleum engineers are also responsible for overseeing drilling operations to ensure that they are running smoothly.

Electrical Engineers

An electrical engineer designs, builds, installs, tests, and maintains electrical equipment as well as develops techniques for supplying electricity in commercial, industrial, residential, agricultural, or other applications.

Electrical engineers may specialize in one of many sub-fields such as power systems design (conventional generation facilities) or renewable energy systems.

Field Engineers

A field engineer is a person who inspects, maintains, and repairs oilfield equipment. They may be responsible for supervising the work of other engineers or technicians.

To become an engineer in this field, you need to have a bachelor’s degree in mechanical engineering or electrical engineering. The median salary for this job is $70,000 per year.

Drillers

Many oil companies are seeking talented Drillers to help bring more oil and gas production to the market. We have compiled a list of the top ten best paying jobs in oil and gas production for you to review.

Here they are -Hydraulic fracturing (fracking) supervisor: An average salary is $140,000 per year

  • Drilling supervisor: Average salary is $118,000 per year
  • Well site geologist: Average salary is $98,000 per year
  • Rig Supervisor: Average salary is $95,000 per year

Floor Lease Operators

It’s hard to get into this industry, but if you’re already in it, you’ll be able to earn a good living. Job duties include operating the facility’s equipment and machinery, directing oil production, safety management, and quality control. The average salary for these positions is $78,000 per year.

Environmental Engineers

An environmental engineer is responsible for analyzing the impacts of human activities on the environment. An environmental engineer will work with a team to design solutions that minimize these impacts, such as by designing ways to reduce pollution or increase recycling.

Environmental engineers are primarily concerned with developing sustainable solutions, so they must also consider long-term consequences of their work.

For example, if an environmental engineer designs a new product to be manufactured with fewer raw materials in order to decrease cost and waste, it may be necessary to redesign production methods and supply chains in order for this strategy to succeed.

Environmental engineers can make up to $128k per year in the oil and gas production industry.

Geologists

A geologist is a person who studies the earth, its history, its materials, and its natural phenomena. Geologists study the physical aspects of the earth, such as the rock that makes up the crust. They also study natural resources like coal, oil, gas, water supply and other valuable minerals.

Geologists are vital to any exploration for new sources of these resources. The Bureau of Labor Statistics predicts 12% growth in this profession by 2020. Entry level positions require a Bachelor’s degree and may require additional qualifications such as an Advanced degree or certification.

-A mineralogist analyzes rocks to identify their origin, composition and properties in order to determine their economic value.
-Oil field service engineers design equipment and make sure it functions properly so drilling can occur efficiently with minimal interruption due to problems or malfunctions.

Geophysicists

A geophysicist is a person who analyzes the earth’s physical structure to find out more about its composition, history, and future.

Geophysicists study data obtained from seismic waves that are recorded by specialized seismographs at known locations on the surface of the Earth.

They use this information to measure motions of the earth’s crust, map underground structures such as oil reservoirs, and search for natural resources.

The job outlook for geophysicists is expected to be good because they will be needed in order to maintain their country’s energy independence. The median salary for this profession is $105,000.

Contracts Administrators

A contracts administrator’s primary responsibilities are to manage the bidding process for the oil company and make sure that all of their bids are fair.

They also have to ensure that the contract is being fulfilled according to the terms of the agreement, including making sure that they are getting paid on time. A career in contracts administration can earn a salary of up to $180,000 annually.

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