Is Integrated Oil Companies A Good Career Path
Is integrated oil companies a good career path? Which are the best paying jobs? Are you looking to get into an integrated oil company?
Then this article is for you. Here, we will talk about integrated oil companies, is integrated oil companies a good path or not, the best paying jobs, and other important information. So, if you are planning to start to switch your career to integrated oil companies, then go through this article.
When it comes to the oil and gas industry, the career path is very lucrative. The industry has existed for a couple of hundred years. But, the industry is changing with the change of every year. The main reason is technological advancement. So, with time there are so many new oil and gas companies are emerging. And this opens a lot of job opportunities. And there is no doubt that the industry is one of the best-paying jobs.
Integrated Oil Companies
Before getting into the topic, let’s discuss which companies are integrated oil companies. First, you need to understand that these companies are responsible for everything in the industry. From extracting oil to transport, these companies do everything. Here are the things that an integrated oil company does.
- Oil and Gas Extraction
- Oil and Gas Refining
- Land Exploration
- Surveying
- Production
- Transportation
- Distribution
- Marketing
So, now you can understand that integrated oil companies are responsible for almost everything in the oil industry.
Is Integrated Oil Companies A Good Career Path?
If I have to answer the question in one word, then the answer is Yes. A career in an integrated oil company is good. First of all, the jobs are really highly paid. Secondly, there is an opportunity to explore new areas, locations, and countries. So, if you are someone who likes remote places and adventurous locations, then this career is best suited for you.
Also there are several benefits and features that you will also find in the industry. Also, the jobs are challenging, and you will find exciting work. And with the growing industry, there are a lot of different opportunities. So, if you think about switching your current company, then finding another company will not be hard.
Now, coming to the cons of working in the industry. First of all, you need to work in a remote location and away from your family. There are also hectic schedules that you need to maintain. Sometimes, you also need to travel a lot between places.
So, if you can sacrifice these couple of things, then there are a lot of perks and benefits to working in the industry. All you need is to have a bachelor’s degree if you want to work in the industry. But, a degree is not necessary as there are so many different roles.
Integrated Oil Company: What Is Required To Get Into The Industry?
If you are in the beginning stage and planning to get into the industry, then here are the basic or, you can say, minimum requirements that you need.
There are roughneck or entry-level jobs in the industry. And for these jobs, you don’t need to have a bachelor’s degree. A high school diploma or certificate program is enough to get a job in the industry. There are also jobs like technician, electrician, and welding, and for these jobs, you will only need certifications and proper skills.
And for higher posts like project manager, drilling engineer, mining engineer, sales representative, and other related jobs, there is a need for a bachelor’s degree. Otherwise, you will not be applicable for these jobs. If someone has a university degree in a related field, then that is an advantage in both work and salary.
Integrated Oil Companies: Best Paying Jobs
So, which are the best paying jobs in the industry? Here is the list.
- GeoScientist ($90,000- $125,000)
Geoscientists usually conduct different experiments on mining grounds. They record, analyze, and conduct experiments in different locations.
- Drilling Engineers ($75,000- $115,000)
If you want to work outside in the fresh air and atmosphere, then the role of a drilling engineer suits you. The drilling engineers oversee the drilling process during oil and gas extraction in the integrated oil industry.
- Petroleum Engineers ($90,000- $130,000)
Petroleum engineers are responsible for designing equipment for underground gas extraction. They also work on plans to drill different gas fields.
- Senior Landman ($80,000- $120,000)
Landman Draft usually works to get permission to drill new wells for gas extractions.
- Rig Welder ($50,000- $80,000)
These professionals work to reinforce the infrastructure the industry needs to extract oil and mining gas.
- HSE Manager ($75,000- $95,000)
They are responsible for developing safety management policies to coordinating different training programs.
- Pipeline Manager ($80,000- $110,000)
Pipeline managers troubleshoot different problems related to pipelines during oil mining.
- Rig Workers ($40,000- $70,000)
Rig workers usually operate different heavy machinery while working at oil rigs.
- Lease Operator ($45,000- $70,000)
- Chemical Engineer ($75,000- $130,000)
- Crude Oil Truck Drivers ($45,000- $75,000)
- Oilfield Sales Representatives ($60,000- $120,000)
- Mechanical Technician ($40,000- $70,000)
Frequently Asked Questions (FAQs):-
Here are some interesting questions and answers that most people tend to know.
Ans: So, what is an integrated oil company? In simple words, an integrated oil company means a company that is across the entire petroleum value chain. These companies are responsible for oil exploration, then production or upstream, refining the oil, after that they transport and finally marketing or you can say it downstream as well.
Ans: I will tell you, not the top 5 oil companies. Instead, I will mention the top 10 oil companies in the world.
⦿ Saudi Arabian Oil Co. (Saudi Aramco)
⦿ China Petroleum & Chemical Corp. (SNP)
⦿ PetroChina Co. Ltd. (PTR)
⦿ BP PLC (BP)
⦿ TotalEnergies SE (TOT)
⦿ Chevron Corp. (CVX)
⦿ Valero Energy Corporation (VLO)
⦿ Exxon Mobil Corp. (XOM)
⦿ Marathon Petroleum Corp. (MPC)
⦿ Philips 66 (PSX)
Ans: When it comes to oil and gas production, the career is really good. So, if you are confused about whether oil and gas production is good or not, then the answer is simple. The average pay is better than expected, and there is a huge opportunity to grow and visit remote locations in different countries. There are also other benefits that you will get for sure. So finally and most importantly, the industry has prospects, and you will have a stable and secure job.
Final Words
Is integrated oil companies a good career path?
So, after knowing almost everything, what do you think? Can you do the job?
If you can sacrifice a couple of things, then there is a huge opportunity to grow. The industry won’t die, and you will have a safe and secure job for many years. Also, there are other perks and benefits of working in integrated oil companies. I hope you have got your answers. If you still have any queries, please let us know in the comment section below.
Thank You.
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The average salary is around $93,581 per year. 4. Health, Safety, And Environmental Engineer The industry is harmful to the environment. So, there is a need for engineers who can measure the risks and impact of the industry on the environment. Their main work is to adopt new technologies, brainstorm new ideas, and handle hazardous and chemical. So that there will be fewer carbon footprints. The average salary is around $89,966 per year. 5. Mechanical Engineer There are mechanical systems and equipment all over the oil and gas production. So there is a need for mechanical engineers who can oversee the performance and maintenance of the process. They should also check and analyze that information and data. For this job, someone needs to have a bachelor’s or master’s degree in technology or engineering. The average salary is around $95,910 per year. 6. Project Engineer The industry is huge, so there is a need for many project engineers who can oversee a project. They plan and implement ideas and complete a project. If you are a project manager, then you will be responsible for budget, purchases, schedules, and construction. The average salary is around $83,785 per year. 7. Oceanographer The main work of an oceanographer is to survey the state of oceans for oil and gas exploration. Their main work is to survey, forecast, and then oversee all development. An oceanography bachelor’s degree is needed to pursue this field. The average salary is around $73,860 per year. 8. Geophysicist Geophysicists are important in the industry as there is a need to recognize and exploration of oil and gas. Also, the locations of drilling need to be provided and analyzed. A geoscience-related degree is a must. The average salary is around $221,510 per year. 9. Technical Writer There is a need for technical writers in oil and gas production as there are complex things to be written and documented. These writers will go through the whole process and then simplify the documents for non-technical readers. A bachelor’s degree in Communications, Journalism, or English is needed. The average salary is around $58,750 per year. 10. Sales Representative In every industry, sales representatives are important. They need to negotiate with potential clients and try to do effective marketing. A bachelor’s degree is a must to have if you want to pursue a sales representative in the industry. The average salary is around $65,539 per year. Other Best Paying Jobs in Oil & Gas Production Other than the list, there are other jobs that also pay a handsome salary. Design Engineer Quality Control Engineer Operation and Maintenance Engineer Equipment Engineer Process Engineer Reservoir Engineer Petrophysical Engineer Production Engineer Rig Engineer Drilling Supervisor Frequently Asked Questions!!! (FAQs):- Here are some interesting questions and answers. Q1. Is Oil & Gas Production A Good Career Path? Ans: Yes, oil and gas production is undoubtedly one of the great options to pursue a career. First of all, employees can earn better than average. Secondly, there are a lot of opportunities, growth is also there, and most importantly, the industry will be evergreen more many years. So, with the right education, degree, and experience, someone can pursue a career in oil and gas production. Q2. Does The Oil And Gas Industry Pay Well? Ans: Yes, the oil and gas industry pays a lot. In fact, you will get more than you expect. There are some reasons behind it. First of all, you need to work hard, the job requires high qualifications, and there are some potential risks in this job. So you will get a better salary than in any other industry. Typically, the average salary in the oil and gas industry is around $80,000. Q3. What Is The Downside To The Oil And Gas Industry? Ans: Though there are so many perks in the oil and gas industry, there are also some downsides to the industry. First, you need to know that the industry needs a large volume of water. Without water, the industry can not run. The processing and extraction of oil and gas need water. And it produces wastewater that pollutes water supplies. So, directly and indirectly, wastewater affects water supplies, the environment, natural resources, and human health. Final Words I hope now you understand the best paying jobs in oil & gas production. But, if you are planning to pursue the industry at an early stage. Then you should know how you can pursue the industry. If you are confused, then these are the subjects where you can pursue your graduation. Mathematics Geology Physics Technology Engineering Science Mechanical Engineering Environmental Science Electrical Engineering So, if you have expertise in these subjects and have proper qualifications, then start looking for the best jobs in the industry. If you have any more queries, then feel free to ask in the comment section. Read Alos: Is Basic Industries A Good Career Path? Is Oil & Gas Production A Good Career Path? Is Energy A Good Career Path? – Complete Guide For 2023
December, 12 2022