The Best Paying Jobs In Oil And Gas Production – How Much They Pay

Best Paying Jobs In Oil And Gas Production

Best Paying Jobs In Oil And Gas Production Detailed Information

With oil prices rising, many people have begun to wonder what the highest paying jobs in the oil and gas industry are and how they can find them. While many of these jobs are extremely skilled or require years of experience, some of them may surprise you. With an average salary above $80,000 per year according to the Bureau of Labor Statistics and plenty of opportunities to advance within the field, here are three of the best-paying jobs in oil and gas production that you can get into today.

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Best Paying Jobs In Oil And Gas Production

Drillers

Working as a driller is one of the most physically demanding jobs in the oil and gas industry. But it can also be one of the most rewarding, both financially and emotionally. A driller’s average salary ranges from $80,000 to $120,000.

Some drillers are eligible for additional bonuses when they exceed quota expectations for drilling rigs and production rates. As well, due to their unique schedule of 12-hour shifts and rotating days off, drillers often enjoy a work-life balance that other occupations cannot offer. Aspiring drillers should have an engineering degree or at least five years’ experience in the field.

They must also be willing to relocate to wherever there is high demand for new wells. Finally, drills must pass a drug test and background check before being hired by the company. Those who make it through the selection process then undergo three weeks of intensive training with skilled engineers.

The good news? Drillers only need two weeks of refresher training every year. Once trained, these qualified professionals can earn up to $70 per hour in some parts of the country. Still interested? Check out our blog post on How To Become A Driller.

Mechanical Engineer

Mechanical engineers in the oil and gas industry typically work on developing, designing, and improving mechanical equipment used in drilling and production operations.

They may also be involved in managing maintenance crews and overseeing construction projects. In order to qualify for a job as a mechanical engineer in the oil and gas industry, you will need to have at least a bachelor’s degree in mechanical engineering from an accredited university.

If you want to become a mechanical engineer, you will need at least a bachelor’s degree in mechanical engineering from an accredited university. If you want to specialize in petroleum engineering or petrochemical engineering, you can earn a master’s degree instead.

After completing your education, it is also recommended that you take continuing education courses to keep up with technological advancements in your field. The average annual salary for Mechanical Engineers: is $93,680

Reservoir Engineer

Another high paying job in oil and gas production is Reservoir Engineer . A Reservoir Engineer’s responsibilities include predicting the performance of an oil or gas reservoir, managing a reservoir’s decline, optimizing the amount of water that is pumped into a reservoir to maximize extraction, and drilling new wells.

The average salary for this job ranges from $110,000 to $150,000. It takes an engineer with 4-8 years of experience to qualify for this position.

A Geological Technician is also one of the highest paying jobs in oil and gas production. It requires education at a 2-year college level (typically geological engineering) as well as field experience.

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This person should have strong computer skills, be detail-oriented, analytical, and good at math. Average salaries range from $100,000-$130,000 per year depending on where you work.

Equipment Operators

Oil and gas production equipment operators typically work in the extraction and production sector of the industry. They operate and maintain the machinery used in drilling, extracting, and transporting oil and gas. Equipment operators typically work full time and may be required to work overtime, weekends, and holidays.

Pay for equipment operators varies depending on experience, education, certifications, and location. The median annual salary for an equipment operator is $60,000. The top 10% earn more than $93,000 annually. Entry-level salaries are typically around $32,500 per year. Top-tier salaries are about double that amount with some experienced workers earning as much as six figures annually . Most companies provide bonuses or other incentives such as company cars, cell phones, expense accounts, and paid vacations.

Additional benefits usually include health insurance, life insurance, retirement savings plans (401K), paid vacation days, sick leave days (most employers offer five days per year), and occasional bonuses from a profit-sharing plan. Salary does not vary greatly by geographic region because most oil and gas producers are located primarily in Texas, Oklahoma, Louisiana, Wyoming, New Mexico, California, Colorado, Montana and North Dakota.

Construction Manager

The median annual salary for construction managers was $91,370 in May 2019. The top 10 percent earned more than $168,040, and the bottom 10 percent earned less than $54,970. The highest paying industries were Engineering Services; Manufacturing; Professional, Scientific, and Technical Services; Retail Trade; Information; Wholesale Trade; Transportation and Warehousing. While there are many other high-paying occupations in the oil and gas industry, these are some of the most common. If you’re interested in pursuing a career with one of these positions, research it to learn about specific qualifications needed to succeed.

You can also find job listings online or on sites like Indeed or Monster to get an idea about what types of jobs are available to you. Once you have your resume ready, consider looking for companies that might be hiring based on your interests or experience. Finally, remember that if you don’t see anything that seems right for you now, keep checking back as new opportunities may become available over time.

Project Manager

Oil and gas production projects managers are responsible for coordinating and overseeing all aspects of the project from start to finish. This includes working with a team of engineers, designers, and other professionals to ensure that the project is completed on time, within budget, and to the required specifications. Their day-to-day duties also include managing subcontractors, making sure they’re meeting deadlines and goals, reviewing blueprints and drawings, etc.

In some cases an oil and gas production project manager will be in charge of a particular aspect of the project such as engineering or design. Project managers can make anywhere from $50K-$250K per year depending on experience level and type of employer. On average, experienced project managers earn about $200K annually.

As one might expect, this wage varies by location. For example, Houston offers more lucrative salaries than cities like Tulsa and Oklahoma City due to its proximity to larger oil companies. It should also be noted that project managers don’t always work directly in the field but may oversee multiple projects at once. A typical work week consists of 40 hours Monday through Friday with occasional overtime when necessary.

There are many routes you can take to become an oil and gas production project manager: earning a degree in chemical engineering, mechanical engineering, or petroleum engineering; going through undergraduate studies followed by obtaining a master’s degree, or completing coursework online via a program like Penn State’s graduate certificate program in Management of Complex Projects.

HSE Manager

Working in the oil and gas industry can be a very lucrative career choice. Some of the best-paying jobs in this field are those of HSE managers. HSE stands for health, safety, and environment. As an HSE manager, your job would be to ensure that all employees in the company are following safety protocols and that the work environment is safe and clean.

You would also be responsible for investigating any accidents or incidents that occur. The median salary for an HSE Manager is $101,000 per year. Chemist: Another high-paying job in the oil and gas industry is that of a chemist. Your role as a chemist would be to create solutions that help extract oil from the ground more efficiently. The median salary for chemists working in this field is $95,000 per year with potential to earn up to $130,000 annually if you have a PhD degree. A successful chemist needs excellent problem solving skills, strong analytical abilities, and the ability to understand complex math equations. Engineers: If you want to make over $100,000 a year working in the oil and gas industry but don’t want to go into management then becoming an engineer might be right for you. There are many different types of engineers who focus on specific areas like designing wells or creating products that assist in pumping out oil from under the earth’s surface.

Truck Drivers

If you’re looking for a career in the oil and gas industry, you might want to consider becoming a truck driver. Truck drivers play a vital role in the production process, transporting materials and equipment to and from drilling sites. And while it’s not the most glamorous job, it can be very rewarding – both financially and emotionally.

The average salary for an experienced truck driver is $66,330 per year. If you’re just starting out with your driving career, many companies offer bonuses that increase as your seniority level increases. A bonus for a new driver can range anywhere from $1,000-$10,000 depending on how long they’ve been with the company and their skill level.

But this is still significantly higher than the median wage of other jobs in the U.S., which is about $37,460 per year. Drillers: A career as a driller will pay even more than being a truck driver – though you’ll need to have much more experience before you can expect to make this kind of money.

Geophysicist

This is also one of the best-paying jobs in oil and gas production. The starting salary ranges from $62,000 to $99,000 depending on location and experience level. The salary may be higher or lower depending on a geophysicist’s expertise or job responsibility. They study the earth’s crust and use seismic waves to find pockets of oil. Geologists: These scientists specialize in locating deposits of minerals like coal, natural gas, and petroleum.

Their salaries range from $50,000-$105,000 per year depending on how many years they have been working as a geologist. Most entry-level geologists earn an average annual salary of about $59,000. Petroleum Engineer: Entry-level petroleum engineers usually start out at around $63,000 while more experienced professionals can make up to $122,00 annually. Chemical Engineers: These engineers work with chemicals and materials such as hydrogen compounds (such as ammonia) to create products that are used in food processing and textiles manufacturing.

How Many Jobs Are Available In Oil And Gas Production

According to api.org, there are over 9.8 million jobs in oil and gas production. Salary is an important factor when considering a job and it’s no different in this industry. The median salary for people working in oil and gas production is $95,000 per year with a range of $62,000-$150,000 annually. Petroleum engineers have a median salary of $138,000 per year with a range of $100-$160,000 annually. Process operators earn a median salary of $98,000 per year with a range of $74,900-$136,200 annually. Laborers make a median salary of $39,700 per year with a range of $35,300-$45,400 annually.

What Do Oil And Gas Production Pay

Oil and gas production workers are among the highest paid in the United States. The median salary for an oil and gas production worker is $80,000 per year, with the top 10% earning more than $100,000 per year. These workers work on the wellhead platform and in pipelines to maintain the equipment needed to extract fossil fuels from below ground.

Workers often work long hours without breaks to ensure that they can produce as much as possible within a certain time frame. Oil production jobs require experience but they offer great pay due to their high risk of injury or death. Some of the most common risks include burns, falls, explosions, electrocutions and exposure to hazardous chemicals.

Workers must be able to perform dangerous tasks while still maintaining focus so that accidents don’t happen. They may be asked to transport materials, climb up ladders, or dig into the earth. Experienced workers are especially important because these people have already been trained in how to do these things safely. In addition to safety training courses, these workers need additional specialized skills such as rigging, welding, and fitting before being hired for an oil rig job.

The best-paying jobs available in this field require extensive training and at least five years of experience before applying.

Founder/ CEO of Emma Builds. I Had this dream since 2018, but it came into reality In 2022.

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