Do you have any idea about How Many Jobs Are Available in Oilfield Services Equipment? Services/Equipment for the Oilfield, According to Bureau of Labor Statistics data, there are approximately 346,500 jobs available in this field (BLS). Although the number of jobs varies greatly by region, it’s safe to say that the oilfield services and equipment industry will provide you with plenty of opportunities no matter where you live. Whether you have experience or not, the oilfield services and equipment industry is always looking for new employees. New employees can bring new perspectives, skills, and ideas to the oilfield services and equipment industry, which is vital if you want to succeed as an employee or entrepreneur in this fast-paced, ever-changing environment.
When you think of oilfield services and equipment, images of workers spending their days out in the field, drilling deep holes and roughnecking it in the elements probably come to mind. While this is true in some parts of the world, job opportunities in this industry are as varied as their skill set and equipment. In this post, we are discussing how many jobs are available in oilfield services equipment in the United States.
How Many Jobs Are Available in Oilfield Services Equipment in the USA?
Positions at the Entry-Level
Over the last few years, the oilfield services industry has emerged as one of the most profitable in the world, and as a result, there are many entry-level opportunities in this field. Workers with a variety of skill sets and backgrounds, such as engineering technicians, operations specialists, geological engineers, and machinists, can find work in this industry. For those looking to break into the oilfield services/equipment industry, here is an overview of some of the most popular entry-level jobs available and what they entail.
JOB TITLE |
EXPECTED SALARY/ANNUM |
Safety Analyzer |
$ 50K to $ 55K |
Geotech driller |
$ 65K |
Document Control Clerk |
$ 68K to $70K |
Welder |
$ 60,500 |
Equipment Technician |
$ 45K to $ 65K |
Warehouse Person |
$ 35K to $ 40K |
Machine Operator |
$ 35K to $ 50K |
Machinist |
$ 40K to $ 42K |
High-Paying Positions in Oilfield Services and Equipment
If you want to earn a substantial monthly salary in the oilfield industry, you should apply for some high-level positions. The oilfield services/equipment industry is exciting, but it can also be difficult and stressful to enter if you lack the necessary training or experience. As a result, many employers are willing to pay top dollar for candidates who not only have the necessary skills and experience to do the job well, but also the flexibility in their schedule to travel from one location to another as needed. Here are some high-paying jobs in the oilfield services/equipment industry that you can obtain with hard work and earn up to $200,000 per year.
Geologist – Oilfield Services/Equipment Job
Geologists do more than just study rocks. They also carry out routine tasks such as inspecting sites, keeping records, and collecting samples. Most companies prefer geologists with a Master of Science degree, but those with a Bachelor of Science or even a bachelor’s degree may be considered. Oil and gas geologists with a bachelor’s degree or higher earn an average of $65,000 per year, according to PayScale. Senior-level executives can earn up to $125,000 per year.
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Oilfield Services/Equipment Cost Estimator
This is a highly-paid position with almost guaranteed job security. Few jobs offer such a wide disparity between entry-level and experienced pay, making it one of the most lucrative. The estimator uses engineering and estimating skills to estimate materials needed for a project for oil companies by reviewing blueprints and evaluating construction sites. Before being hired as an estimator, they must have prior experience in cost accounting or a related field. Estimators must have at least 5 years of experience to earn more than $250,000 per year on average.
Oilfield Services/Equipment Petroleum Engineer
If you want to make a lot of money, petroleum engineering may be for you. Working on oil or gas projects could be very lucrative, with a median salary of $154,690 per year as of May 2018, according to Bureau of Labor Statistics data. Petroleum engineers are responsible for discovering new oil or gas deposits and assisting companies in locating methods to extract them from drilling fields.
Pipeline Expert
Pipeliners are highly skilled workers employed by oil companies. They install and repair oil and natural gas pipelines. They frequently work in remote locations where basic amenities, such as a hotel or restaurant, are unavailable. Their day begins early in the morning and ends late at night, and they must be highly skilled for this position. A starting salary of around $90,000 per year is typical.
Technician of Field Instruments
Field instrument technicians are in charge of installing and repairing various physical property measuring equipment. A field instrument technician’s typical responsibilities include using measuring devices to determine density, pressure, and temperature levels in oil well bores, tanks, and pipelines. These measurements can assist in predicting how much oil remains in wells, allowing extraction methods to be improved. The work is physically demanding but financially rewarding: Instrument technicians on service contracts can earn up to $105,000 per year.
Measurement and Control Systems Operations Specialist
An operations specialist ensures the proper operation of oil equipment on drilling rigs, pipelines, and refineries. They test various pieces of equipment on a regular basis and make recommendations for repairs or adjustments to keep things running smoothly. Those with an associate’s degree can expect to earn $75,000 to $150,000 per year, while those with a bachelor’s degree can expect to earn $100,000 to $190,000 per year.
Contract Drilling/Operating & Leasehold Project Manager
The project manager is in charge of overseeing every aspect of a drilling, completion, or hydraulic fracturing project. They are in charge of the company’s personnel, schedules, and budgets. Oilfield project managers are expected to grow at a much faster rate than the national average between 2019 and 2024. Their annual salary is estimated to be $135,220.
The operator of a Coil Tubing Unit
As you might expect, operators in a coil tubing unit handle coil tubing used to retrieve rock cuttings during drilling and install perforation guns at wellheads. Coil Tubing Unit Operators make around $97,000 per year. Their work requires excellent manual skills as well as knowledge of rig operations; it is not for the faint of heart. The ideal candidate can drive trucks, load coils on trailers or cranes, read blueprints, operate valves, and maintain pumps or motors both indoors and outdoors.
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Statistics on Oil and Gas Employment in the United States
According to the 2020 U.S. Energy and Employment Report, 6.8 million Americans worked in the energy sector in 2019. That’s nearly five out of every hundred workers, a 2 percent increase over the previous year—and employers are still hiring. Oil and natural gas added more than 18,000 new jobs in 2019 and are expected to add more in 2020. What does it all mean? Employers are eager to hire oil and gas workers. Human resources departments are struggling to find qualified workers, according to nearly 85 percent of employers polled. One of the main reasons cited by these employers was a lack of training. TOP Energy offers oil and gas training courses.
Why Should You Work in the Oil & Gas Industry?
Oil and gas companies are hiring, and many have diversified into other energy sectors. Oil and gas jobs are well-paying, come in a variety of shapes, sizes, and locations, and are fascinating. Workers in the oil and gas industry are constantly learning due to constant technological advancements — developing new skills, navigating ever-changing updates, and expanding their knowledge to stay current. If you enjoy learning, the oil and gas industry is for you, and TOP Energy Training can assist you.
What Jobs Are Available in the Oil and Gas Industry?
TOP Energy focuses on job functions and careers that are “upstream.” Upstream, midstream, and downstream are the three major sectors of the oil and gas industry. The upstream sector includes the industry segment known as “exploration and production,” or “E & P.” Searching for potential oil and natural gas fields, drilling wells, and operating the wells to recover and bring the oil or natural gas to the surface are all activities. Job seekers with a variety of upstream career goals would benefit from the skills that the TOP curriculum can help develop. Even those working in the midstream and downstream sectors may want to gain a better understanding of the industry’s “bigger picture.”
The expanding and exciting oil and gas industry requires professionals with diverse backgrounds, skills, and interests. The industry caters to both those who prefer the predictability of a 9-to-5 and those who prefer hands-on, outdoor work. People who like to move and shake, as well as introverts who work best alone in a room, are welcome in the sector. Workers with advanced degrees, as well as talented, trade-oriented people with less formal education, can find work here. What exactly do those jobs entail?
Reservoir engineer: Analyze oil and gas reservoirs using fluid science and geology. Reservoir engineers forecast a reservoir’s financial potential by analyzing the amounts and behavior of crude oil, natural gas, and water in rock formations.
Drilling engineer: Ensure safe and cost-effective drilling. Drilling engineers create well-drilling procedures that minimize costs while maximizing output without jeopardizing worker safety or environmental integrity.
Exploration Geologists: Geologists who search for oil or gas in rock formations are known as exploration geologists. Exploration geologists may live and work in the great outdoors, traveling, hiking, exploring nature, and operating specialized equipment. They may work in an office, analyzing photographs or images captured by satellites or other remote-sensing instruments in order to identify potential hydrocarbon deposits. They use their expert knowledge of geology and environmental science to improve affordable energy access.
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Oil and gas lawyer: Property and mineral rights are dealt with by oil and gas lawyers. Who owns the land beneath the oil and gas fields? Who has the authority to mine (drill) for it? What conditions must be met for extraction? Attorneys in this field assist with permitting, leasing, property boundaries, and estate division (when property owners sell the oil and gas rights to their land but keep the land itself).
Oil and gas regulatory inspector: Inspectors are employed by government agencies such as the Environmental Protection Agency, the U.S. Department of the Interior’s Bureau of Land Management, and numerous state, provincial, and regional agencies to ensure compliance with land-use legislation. They keep a close eye on the environmental impact of drilling operations. They work to keep drilling sites safe for workers, members of the community, and the environment.
Mudlogger: Mudlogger is an apt name for a hands-on job—collect rock samples to describe and record them. They interpret a site’s geology by examining samples under binocular microscopes and through thin-section analysis. Their work assists drilling engineers in determining how fast and how deep to drill.
Oil and gas governmental affairs: Oil and gas regulations change quickly, and oil and gas extraction companies are interested in monitoring and influencing those changes. Government affairs professionals are familiar with the legislative environment. They counsel legislators on the implications of proposed rule changes, as well as oil and gas executives on regulatory issues.
Oilfield and gas Accountants: Accountants in the oil and gas industry, like those in other industries, keep financial records and prepare financial statements. They may prepare and track budgets, handle tax calculations, or keep a company balance sheet up to date.
Carbon and sustainability manager: Because sustainability is so important to the world, much of the industry has adopted the United Nations 2030 Agenda for Sustainable Development’s sustainability goals. Aligning with these goals results in increased efficiencies, cost savings, and competitiveness, as well as a stronger social license to operate. For example, the oil and gas industry can play an important role in addressing climate change by managing mitigation technologies such as carbon capture, utilization, and storage.
Are you interested in working in the oil and gas industry? TOP Energy Training is a good place to start.
Once you’ve exhausted Google’s search results for more information on each of these careers, you can take a deep dive with TOP Energy Training courses to learn more and see what most interests you.
Our Petroleum Geology course is an excellent place to begin learning about careers as an exploration geologist or reservoir engineer, for example. The course covers the global energy market, extraction history, hydrocarbons and petroleum, petroleum systems, and hydrocarbon exploration.
If you’re interested in legal careers in oil and gas, our Petroleum Geology course can help you with its leasing and permitting lesson.
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For those interested in becoming a drilling engineer or mudlogger, the Petroleum Engineering & Technology course has more details. The anatomy of a drill site, the drilling process, potential drilling problems, evaluating geological formations, and topics related to stimulation, production, decommissioning, and reclamation are all covered in this course.
Environmental specialists working in the oil and gas industry will find relevant content in our Environmental Stewardship course, which focuses on water in the energy sector in general and the oil and gas industry in particular. Other topics include methane emissions, drill cuttings, naturally occurring radioactive materials, and other environmental concerns.
People interested in careers in inspection, sustainability, or government affairs will find answers in the Emerging Trends course, which covers underground injection, carbon capture utilization and storage, induced seismicity, and subsurface containment.
The Effective Communications course, which teaches about rhetorical strategies, social networks, and navigating difficult situations, would be beneficial to government affairs specialists and regulatory personnel.
Conclusion
The oil and gas industry has a significant impact on the global economy. Workers are needed to provide these services as we continue to drill for and extract hydrocarbons from the Earth’s crust. While there is a strong push for alternative fuels and energy sources, these jobs will remain in high demand until alternatives can compete on price with traditional fossil fuels.
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