For all of you who are in the oil industry
For all of you who are in the oil industry
(OP)
For all of you who are in the oil industry. Wow the college grads are doing pretty good with a start pay of $55K...
Check it out:
h ttp://www. boston.com /news/educ ation/high er/article s/2006/04/ 11/big_oil _makes_big _push_in_o n_campus_r ecruiting/
Check it out:
h





RE: For all of you who are in the oil industry
One interesting point in the article -- Exxon said that half of their workforce 10 years from now has not yet been hired. Exxon's workforce is over 100,000 people. I've heard similar quotes from BP and Shell. It is a great time to be entering the field. When all of us old farts die, the new folks will be required to re-invent a lot of it, what could be more fun than that?
David
RE: For all of you who are in the oil industry
Also the oil industry has been panicing for a few years about "The big crew change"- in the next 10 years, about 50% of the guys in the industry are going to retire, and the industry need to capture their knowledges as there aren't many people around now with 10 -15 years experience to take their place.... so those that have survived the past few layoff cycles (like me) are a little twisted and looking forward to the big bucks!
RE: For all of you who are in the oil industry
-The future's so bright I gotta wear shades!
RE: For all of you who are in the oil industry
You can drop the word to your recruitment people that the independent CCGT power stations are full of people with experience of big rotating plant, hazardous area apparatus, process control equipment, gas handling equipment, and so on - all very transferable skills. Power industry people are typically very well trained, safety conscious, motivated, technically competent and used to lousy hours. Being well paid for it would be lovely! The big CCGT station on Teesside would probably be a great place to start recruiting.
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I don't suffer from insanity. I enjoy it...
RE: For all of you who are in the oil industry
RE: For all of you who are in the oil industry
RE: For all of you who are in the oil industry
RE: For all of you who are in the oil industry
RE: For all of you who are in the oil industry
RE: For all of you who are in the oil industry
Thanks petro industry. Keep up the good work!
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RE: For all of you who are in the oil industry
BTW as the top notch electric motor guy I know you are, if you are not making well over $100K/yr where you are at, they better keep the raises coming cause you are being ripped off. Oh, and I am expecting a 10 year run at this point so you should see a number of years like this.
-Steve
-The future's so bright I gotta wear shades!
RE: For all of you who are in the oil industry
yes the oil field is booming and starting wages can be great, I am 5 years into it myself. A starting job for and enigneer at Schlumberger in the field which is most likely pays very well and they can even make bonus after about 1 year. But that is a field position in a oil field service company which means lots of hours (70-80/week) and no overtime. it means all hours of the night and day. I started in a compnay that was indirect competition with Schlumberger and all of us worked like that. The money was good but the hours were hard.
Now I am not making as much as I could have been if I had stayed with that company, but I am doing just fine.
RE: For all of you who are in the oil industry
RE: For all of you who are in the oil industry
-The future's so bright I gotta wear shades!
RE: For all of you who are in the oil industry
If you want to make the money, well, you got to do what it takes, no?
"Do not worry about your problems with mathematics, I assure you mine are far greater."
Albert Einstein
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RE: For all of you who are in the oil industry
sorry, i'm talking about my own sob story...these grads are making so much money and i'm still struggling.
RE: For all of you who are in the oil industry
Not to sound unsympathetic, but what are you doing about it other than complaining?
If you want to make the $$$, you need to be willing to go make it. Make the move into O&G.
As they say, "If it was easy, then everyone would be doing it."
"Do not worry about your problems with mathematics, I assure you mine are far greater."
Albert Einstein
Have you read FAQ731-376 to make the best use of Eng-Tips Forums?
RE: For all of you who are in the oil industry
It wasn't as bad as I hear the 80's were, but back around 2000 was not a fun time in this industry.
Edward L. Klein
Pipe Stress Engineer
Houston, Texas
"All the world is a Spring"
All opinions expressed here are my own and not my company's.
RE: For all of you who are in the oil industry
You hit the nail on the head. To make money you need to do what it takes, and that is what I did and what I am doing still.
I just feel this article is making it sound easier than it really is and (like most media) is telling only part of the story.
RE: For all of you who are in the oil industry
just because i'm here complaining doesn't mean that im' not doing everything i can with the other 23 hours and 59 min of the day to get what i want.
and i'm moving to calgary, lol
RE: For all of you who are in the oil industry
The article is from the point of view of the author, and his/her interests. When you promote something, you usually only tell the good parts. And that's okay.
A while back, (remember the dot com boom?), it was IT that was offering $60K to college interns to go work in Silicon Valley. Now, 5 years later, I guess not so much. All those IT grads, I wonder what they are doing now - some I'm sure are still making mounds of cash in IT, the rest?
anu2004,
Congrats, and good luck with your move to Calgary.
Most of the work though, and job, are probably not in Calgary, but up in Ft. McMurray, maybe Grande Prairie, and other less popluated areas.
"Do not worry about your problems with mathematics, I assure you mine are far greater."
Albert Einstein
Have you read FAQ731-376 to make the best use of Eng-Tips Forums?
RE: For all of you who are in the oil industry
haha, i was afraid you'd say that. i really like calgary.
RE: For all of you who are in the oil industry
Early 1990's, I wanted to get into structural design/analysis of rigs, anything offshore... I managed to collect quite an extensive rejection letter collection.
I've been cynical in previous posts, but never felt as cynical as I do now... I'd love to be a stress engineer working in the offshore field, but, despite the lip service about the "shortage" of technical expertise, my suspicion is that the real shortage is in cheap techical experts that can be fired on a moment's notice. The 1980's experience in offshore still burns in a lot of the folks only 10 years older than I. I would think that, like so much engineering work these days, it's the PMs that the companies want and not the tech folks.
RE: For all of you who are in the oil industry
Yes, O&G is cyclical. So are many other industries. In that regard, it is not too unconventional.
Many of the skills we use in this industry should be transferable to other industries. If you are a stress engineer, working on pipeline, beam, rigs, etc. it should be independent of the industry. If O&G slows down, maybe aerospace, ship building, transportation, containers, etc?
"Do not worry about your problems with mathematics, I assure you mine are far greater."
Albert Einstein
Have you read FAQ731-376 to make the best use of Eng-Tips Forums?
RE: For all of you who are in the oil industry
RE: For all of you who are in the oil industry
David
RE: For all of you who are in the oil industry
RE: For all of you who are in the oil industry
"What's a person to do"? It is amazingly easy, buy a book on the industry you want to enter. Learn some of the culture, some of the buzz words, some of the work concepts. Subscribe to a couple of magazines (that are often available free) to see what the issues are that people are dealing with. Join a technical society (SPE in our case). SHOW ME THAT YOU ARE CHANGING CAREERS, NOT MARKING TIME FOR AN UPTICK IN YOUR PREFERRED INDUSTRY.
David
RE: For all of you who are in the oil industry
Does anyone know who does recruiting for Oil/Gas from Australia?
Thanks in Advance
RE: For all of you who are in the oil industry
RE: For all of you who are in the oil industry
The Big Oil end of town has their own recruiting arm and only gets the head-hunters in for senior positions.
Each of their websites will have a careers section.
Google Woodside, Santos, ConoccoPhilips, BHP Petroleum to start (there are plenty more).
A great foot in the door is with the support contractors - drilling & completions, wireline, pipeline, maintenance, integrity inspection. All have a shortage of GOOD engineers (specialisation isn't as important at this end of the industry).
Expect to relocate and/or spend a lot of time in the field. Western Australia and Northern Territory offshore is hot right now, but keep an eye out for Coal Bed Methane in Queensland.
LewTam Inc.
Petrophysicist, Leading Hand, Natural Horseman, Prickle Farmer, Crack Shot, Venerable Yogi.
RE: For all of you who are in the oil industry
Regards,
Bill
RE: For all of you who are in the oil industry
I just remember the advice I got when I joined Schlumberger: make sure you've go 4 months salary saved and somewhere to live, as it's a cyclical industry and evenutally, SLB will crap on you...and never piss anyone off, as you may be asking them for a job at sometime!
RE: For all of you who are in the oil industry
$40 a barrel, yeah, $10 a barrel, no I don't think so..
-The future's so bright I gotta wear shades!
RE: For all of you who are in the oil industry
RE: For all of you who are in the oil industry
Crude prices at $70 a barrel is really inflated (for the current times). Crude prices at $50 a barrel is still above the $30 per barrel from just a couple of years ago. The boom can't be sustained - hopefully, we have learned to control the bust, just like the feds are doing to control inflation.
In the mean time, who can name the most recent new refinery built in the USA (and I don't mean "expansions" to existing)?
Even if oil drops to $50 a barrel, I am guessing that gasoline (petro to you UK based guys) will still be expensive.
"Do not worry about your problems with mathematics, I assure you mine are far greater."
Albert Einstein
Have you read FAQ731-376 to make the best use of Eng-Tips Forums?
RE: For all of you who are in the oil industry
-The future's so bright I gotta wear shades!
RE: For all of you who are in the oil industry
Still, when was the last "new" refinery built in the USA?
"Do not worry about your problems with mathematics, I assure you mine are far greater."
Albert Einstein
Have you read FAQ731-376 to make the best use of Eng-Tips Forums?
RE: For all of you who are in the oil industry
RE: For all of you who are in the oil industry