Petroleum Engineers: Salary, Job Description, How To Be One and More

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Petroleum Engineers jobs information
pros and cons of being a Petroleum Engineer

Petroleum Engineers

Other names for this job might include Automation Engineer, Chief Engineer, Completion Engineer, Completions Engineer, Design Engineer, Drilling Engineer, Drilling Manager, Engineer, Engineering Consultant, Exploration Engineer


  • $149590
    Salary
  • 80%
    Job satisfaction
  • Quite Hard
    Becoming one
  • High
    Job growth
OwlGuru Rank

A+



Petroleum Engineers: Know It All In 1 Minute


In this career summary, you will find out what the job of A Petroleum Engineer is about and what it is like.

After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.



Job description

Petroleum Engineers devise methods to improve oil and gas extraction and production and determine the need for new or modified tool designs. Oversee drilling and offer technical advice.

  • Assess costs and estimate the production capabilities and economic value of oil and gas wells, to evaluate the economic viability of potential drilling sites.
  • Develop plans for oil and gas field drilling, and for product recovery and treatment.
  • Direct and monitor the completion and evaluation of wells, well testing, or well surveys.
  • Analyze data to recommend placement of wells and supplementary processes to enhance production.

Read more about what does A Petroleum Engineer really do at work and what is it like being and working as one.


Become one

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Salary

Average salary
$149590 per year

Hourly wage
$71.92 an hour


Petroleum Engineers with little to no experience tend to make between $74880 and $99390 while the more experienced ones make over $185050 per year.

Top 5 paying statesHourlyAnnual
TX$79.01$164340
CO$75.24$156500
AK$70.51$146650
WA$68.03$141500
AL$67.55$140490

1 of the easiest ways to increase your salary as A Petroleum Engineer is to move to a higher paying state like TX. Right now, the highest paying states for Petroleum Engineers are TX, CO, AK, WA and AL.

However a higher pay at TX doesn’t guarantee that you will make more because the living expenses at TX might be 2x higher than where you are currently at now.

3 other factors that can increase your salary as A Petroleum Engineer is the degree you hold, the industry you work in and lastly the company you work for (bigger companies like the Fortune 500 companies tend to pay more).

Find out how much do successful Petroleum Engineers make and if their salary is high when compared to all the other careers.


Requirements

Recommended degree level
Bachelor’s Degree

We asked other Petroleum Engineers what degree they had when they got the job and most of them said they had a Bachelors degree followed by Master’s degree.

Other than that we also asked them what did they major in and here are the most popular majors that came up.

Geotechnical and Geoenvironmental Engineering
Petroleum Engineering

Another popular question from our readers is what makes A Petroleum Engineer successful or would they be good in this career.

Well, we found that most successful Petroleum Engineers have these 5 skillsets.

Reading Comprehension
Active Listening
Speaking
Writing
Critical Thinking

In addition to that, 1 common characteristic among successful Petroleum Engineers is they are good at Analytical Thinking. Here are the top 5 common characteristics.

Analytical Thinking
Cooperation
Dependability
Integrity
Achievement/Effort
= Hot in-demand that most employers are looking for

Read more about what it really takes to become A Petroleum Engineer and the degree, training and education you need


Pros and Cons

Here are some reasons why you should and shouldn’t choose A Petroleum Engineer as your career.

PROS
Suitable for people who likes to solve problems mentally
Suitable for people who wants job security and a good working condition
This career is perfect for people who love to work indoors.
One of the highest paid careers in the world
CONS
Not suitable for people who likes to help and teach others
It is hard to get into this career. A considerable amount of workrelated skill, knowledge, or experience is required for this career.
Long working hours (More than 40 hours per week)


There will be pros and cons for all jobs. The point is how much do the pros outweigh the cons to you.

A pro to you might be a con to Bob. A pro to Bob might be a con to you. We suggest reading about this career framework that can help you to find out what type of careers are right for you.



What is the job like

Job satisfaction
80%

Is this job meaningful
66%


Working hours
More than 40 hours per week

Working schedule
Regular (Set schedule and routine)


On a normal working week Petroleum Engineers work More than 40 hours per week.

80% of Petroleum Engineers said they were satisfied with their job and 66% said they feel like their job is making other people’s lives better.



Is this right for me

Best personality for this career
The Thinkers and The Builders


You can read more about these career personality types here.

People who are suitable for this job tends to like working with ideas, and require an extensive amount of thinking. They like searching for facts and figuring out problems mentally.

They also like work activities that include practical, hands-on problems and solutions. They like working with plants, animals, and real-world materials like wood, tools, and machinery. Many of the careers require working outside, and do not involve a lot of paperwork or working closely with others.



How we can help

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Rank: A
Salary: $105390

They study the composition, structure, and other physical aspects of the Earth. May use geological, physics, and mathematics knowledge in exploration for oil, gas, minerals, or underground water; or in waste disposal, land reclamation, or other environmental problems. May study the Earth’s internal composition, atmospheres, oceans, and its magnetic, electrical, and gravitational forces. Includes mineralogists, crystallographers, paleontologists, stratigraphers, geodesists, and seismologists.
Rank: B+
Salary: $96350

They design, develop, or evaluate energy-related projects or programs to reduce energy costs or improve energy efficiency during the designing, building, or remodeling stages of construction. May specialize in electrical systems; heating, ventilation, and air-conditioning (HVAC) systems; green buildings; lighting; air quality; or energy procurement.
Rank: A
Salary: $100970

They conduct sub-surface surveys to identify the characteristics of potential land or mining development sites. May specify the ground support systems, processes and equipment for safe, economical, and environmentally sound extraction or underground construction activities. May inspect areas for unsafe geological conditions, equipment, and working conditions. May design, implement, and coordinate mine safety programs.
Rank: B+
Salary: $96350

They design or plan protocols for equipment or processes to produce products meeting internal and external purity, safety, and quality requirements.
Rank: B+
Salary: $76830

They design or analyze operational solutions for projects such as transportation optimization, network modeling, process and methods analysis, cost containment, capacity enhancement, routing and shipment optimization, or information management.






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Career type

Architecture and Engineering
Engineering
Engineering and Technology

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Job Description
Salary
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Is This Right For Me

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Related to Petroleum Engineers Career Information

Petroleum Engineers job description, Petroleum Engineers salary, Petroleum Engineers information, what is the job of a Petroleum Engineer like, pros and cons about Petroleum Engineers, colleges and universities for Petroleum Engineers, is Petroleum Engineers the right career for me, Quite Hard careers to get into, careers in Architecture and Engineering

Additional resources

http://www.bls.gov/OOH/architecture-and-engineering/petroleum-engineers.htm
http://www.asee.org/
http://www.tsaweb.org/
http://ncees.org/

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Petroleum Engineers
Written by: Stanley Tan
Petroleum Engineers devise methods to improve oil and gas extraction and production and determine the need for new or modified tool designs. Oversee drilling and offer technical advice.
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