Petroleum Engineer

Job Description

Petroleum engineers find and develop new ways to extract petroleum in a profitable way

Find others ways to inject water, steam, or gas to extract more oil from an oil reserve

Develop plans to drill into oil and gas fields

Make sure that wells, well testing, and well surveys are completed

Make sure that oil drilling equipment are properly maintained and equipped

Required Training

A Bachelor’s degree in engineering or petroleum engineering is required

A Bachelor’s in mechanical or chemical may also suffice

Also needed is work experience which can be accomplished via cooperative engineering programs

Typical Wages

As of May 2012, the annual wages for a petroleum engineer would be $130,280

Depending on your placement, there is a different salary paid

Ex: Gas and Oil Extraction

Pay: $144,810 annual salary

Job Outlook

It is expected, by 2022, that the employment for petroleum engineers will increase by 26 percent

The price of oil will also vary as it will cause complications for an oil business’ operations. If oil prices were to go higher, there would be a call for more engineers to drill in more unlikely areas

Job ListingAT-Tech

Location: Houston, Texas

Expectations:

• Manage production/operations as well as supervise completions and stimulations• Establish procedures and supervise field operations for completions, work-overs, and re-completions• Forecast future production and reserves for SEC and bank reporting• Provide economic analysis

Requirements:

 BS in Petroleum Engineering or equivalent discipline• Minimum of five (5) years of industry experience with an operator• Working knowledge of the Permian Basin is a plus• Proficient with the use of MS Office, ARIES or related economic software, PowerTools