Job & Career

Is Oilfield Services/Equipment A Good Career Path?

Is Oilfield Services Equipment A Good Career Path

With time and the advancement of technology, we can not deny that oil and gas are the two most necessary things for our everyday life. Whether its the oil or its gas, we can not exist for one day without these two. So, there is also a need for workers who can work in the oilfield. In this article, our focus is on the question, “is oilfield services/equipment a good career path?”

To answer this question, I have to look into every aspect that the industry has or has not. There is no job in this world where you will see that everything is good. So, when you need to know whether a career is good or not, you need to compare the good and bad sides of the job. And then you will automatically know whether the job is suitable for you or not.

Is Oilfield Services/Equipment A Good Career Path?

Is Oilfield ServicesEquipment A Good Career Path

There is no doubt that a career in oilfield services/equipment is rewarding. If you get into the industry, then you can expect more than any other industry. But, the job will be difficult for sure. So, if you are thinking of pursuing your career in this industry, then there are a couple of important things that you must know.

Why Is It A Good Career Path!

Why Is It A Good Career Path!

First of all, you need to understand that the oil and gas industry is a global industry. The industry is not limited to any area or country, the industry is huge, and the market is all over the world. So, there are so many opportunities that you will get. Secondly, there is a huge scope to travel to different locations. So, if you want to explore new places, then this job is attractive for sure.

Possible Job Responsibilities And Work

Possible Job Responsibilities And Work

Different oilfield companies hire workers who can travel to remote locations. Most of the workers are technicians who can manage, control, and repair work. So, there is a huge for knowledge and experience in the latest technologies in the oil industry. But you don’t need to worry. The oil services and equipment have pretty exciting jobs. But, there is an important thing that you must know, they can be physically demanding.

Are Oilfield Services/Equipment Jobs Laborious?

Are Oilfield Services Equipment Jobs Laborious

So, when you are planning to get a job in the industry, you need to make sure that you are physically fit and can work for long hours in different locations. In addition, there can be situations when you might have to work in difficult conditions, like at minus 30 or 40-degree celsius. 

Academic & Other Qualifications Needed

Academic & Other Qualifications Needed

You should know that the industry has been growing, and there has been so much advancement in the last few decades. And recently, there have been so many technologies that are eliminating labor-intensive tasks. But one thing is sure. You will have the best opportunity to grow in the industry, and your career will be advanced for sure. So, getting a job in the industry requires a minimum high school diploma. 

Other than a diploma degree, for technicians and other important roles, there is a bachelor’s degree required in the same field. So, you need to invest some money to get a diploma degree or complete your graduation. There are also certificate courses to get into the industry. You will learn to operate equipment, create reports, use different software, repair oil wells, and do other necessary work that is required in the oilfield. 

Top Paying Jobs In Oilfields

Top Paying Jobs In Oilfields

As you are already of the answer to the question of whether the oilfield job is good or not. Now, look into the best-paying jobs.

1. Oil Field worker

Oil Field worker

The first and one of the best-paying jobs in oilfields is the role of the oil field worker. The work of these professionals involves the drilling and extraction of natural gas and oil for industrial and commercial usage.

  • The average expected salary for this role is $55,107 per year.

2. Oil Field Equipment Technician

Oil Field Equipment Technician

Another job in this category is the role of oilfield equipment technician. These professionals operate different equipment like pumps, different drills, and electrical equipment. 

  • These professionals usually earn a salary of $69,691 per year.

3. Geotechnical Engineer

Geotechnical Engineer

Civil engineers are responsible for evaluating the lands and creating plans for mining and drilling for oil extraction. 

  • Their annual salary is around $75870 per year. 

4. Energy Engineer

Energy Engineer

These professionals come up with different types of machinery and test different types of machinery for extracting resources. They also find out new ways to generate energy from raw materials. 

  • These professionals usually earn $88500 per annum on average. 

5. Mining Engineer

Mining Engineer

The mining engineers are responsible for overseeing mining operations. They also work on different underground projects that require mining. They are well aware of some vital minerals and valuable resources of the earth. 

  • Mining engineers usually earn a salary of $93900 per year.

Apart from the ones mentioned above, here are some more jobs in oilfield services –

6.Director of Operations

7.Vessel Manager

8.Lease-Purchase Operator

9. Oil Tester

10.Director of Safety

11.Executive Account Manager

12.Chemical Engineer

If you are planning to get a job, then you can expect a good salary. All you need is to have a bachelor’s degree in a specific subject and have the proper experience. There are also school diploma degrees and certificates to get into the industry. You need to invest your time and money to accomplish the required skills. 

Frequently Asked Questions!! (FAQs):-

Here are some interesting questions and answers that most people tend to know.

Q1. What Is The Highest Paying Oilfield Job?

Ans: When it comes to the oil and gas industry, the highest paying job is the  Petroleum Geologist. You can expect that the average salary of a Petroleum Geologist is around $161,946 per year. The profession is highly valuable in the industry, and they have the responsibility for searching for oil and gas within the earth. They search and then discover the areas.

Q2. What Is The Best Job On An Oil Rig?

Ans: These are the highest paying jobs in the oil and gas industry.
⦿ Petroleum Geologist.
⦿ Drilling Supervisor.
⦿ Construction Manager.
⦿ Geophysicist.
⦿ Excavating Engineer.
⦿ Production Engineer.
⦿ Project Engineer.
⦿ Petroleum Sales Representative.
⦿ Gas Plant Operator.
⦿ Well Tests.
⦿ Lease Operator.
⦿ Mechanical Engineer.
⦿ HSE Manager.
⦿ Tank Cleaner.
⦿ Rig Welder.
⦿ Land Acquisition Analyst.

Q3. Why Does The Oilfield Pay So Much?

Ans: There are a couple of reasons why oilfields pay so much. First of all, the working areas are located in off-beat areas, so workers need to stay away from their families. Secondly, the working condition is very risky, and the work is also very difficult. Workers in the industry need to face 14/21 shifts. This sometimes means they need to work for 14 straight days, and then they take 21 days off. And this is very hectic for people who are new in this industry to face a tight schedule.

Final Words

I hope now you get the answer to is oilfield services/equipment a good career path. If you can stay away from your family and can overcome the difficult and hard work, then there is no doubt that the career is good. You will get a good salary, there are opportunities to visit and explore new locations, and the work is quite challenging. And lastly and most importantly, the market or the industry is never-ending. As the sources of oil and gas will stay another hundred years for sure, so you don’t have to worry about that.

Please give your valuable feedback.

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Anirban Mallick

Anirban Mallick is passionate about writing since his early age. He comes from Kolkata, which is famous for its rich heritage. This young person loves to write about sports, cryptocurrency, marketing, gaming, and other topics. This is why he loves to call himself the “Jack of all Trades.” He has a PG Diploma in Advertising and Public Relations from IIMC, Delhi. In his free time, he loves to write stories, read books, watch movies and play outdoor games, mostly football.

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Is Basic Industries A Good Career Path

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Equity Theory

Equity Theory: A Balancing Act for Modern Workplaces 

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Ensure that you follow the right solution. Key Principals Of Equity Theory   There are several key principles of equity theory. You must be well aware of the reality while attaining your goals with complete ease. Some of the key principles of the equity theory are as follows:- 1. Perceived Fairness Of Equity Theory  Individuals compare their input (effort, contributions, time) and output (rewards, benefits) with those of others. They assess whether their inputs and outcomes are equitable compared to others in similar situations. You need to take care of reality and the current situation while you want to attain your goals with ease. 2. Equity When people perceive a balance or fairness in the exchange ratio between their inputs and outcomes compared to others.  They feel content and satisfied. This perception of fairness fosters a sense of equity. However, if you cannot maintain equality, you must try out the best options that can help you to do so. 3. Inequity If someone perceives that the input-to-outcome ratio is unequal compared to others, it leads to a feeling of inequity. This inequity can cause discomfort, tension, or dissatisfaction. You need to consider this reality from your end at the workplace. 4. Restoration Of Equity Individuals get the motivation to restore equity by adjusting their inputs (e.g., seeking higher rewards, reducing effort) or changing their perceptions of inputs and outcomes. To align them with others. Furthermore, it draws a fine line of differences between the expectation and actual output an employee receives in the workplace. Benefits Of Equity Theory   There are several benefits of the equity theory in the workplace. You must be well aware of its benefits to have a better idea of its application in the workplace. Without knowing the facts, things can turn worse for you. 1. Understanding The Importance Of Motivation   Equity theory provides a framework for understanding what motivates individuals. It highlights the importance of perceived fairness in the exchange between input (effort, contributions) and output (rewards, outcomes). By recognizing that people strive for fairness, organizations can tailor reward systems and policies.  To align with employees' perceptions of fairness, thereby motivating them. Regardless of the situation, you must ensure that you keep on motivating the employees all the time. 2. Fairness Perception It helps in assessing fairness perceptions within various settings. Understanding how individuals perceive fairness in their treatment than others. Ensure that merit and best performances are the rewards in your organization. It can guide decisions related to promotions, compensation, workload distribution, and resource allocation, fostering a sense of fairness. Thus it reduces feelings of inequity. 3. Employee Satisfaction & Engagement When individuals perceive fairness in their contributions and rewards compared to others, they tend to be more satisfied.  Equity theory suggests that maintaining equitable conditions encourages higher job satisfaction and commitment among employees. Furthermore, it leads to increased productivity and retention rates.  Once you develop a perfect funnel system to get the data of the best performances in your organization. Your tracking system will be in the correct place. 4. Performance & Collaboration In an equitable environment, individuals are more likely to be motivated to perform better and collaborate effectively. When people feel fairly treated in relation to their contributions, they show more inclination to put in extra effort and work collaboratively.   Hence, fostering a positive organizational culture. It will also motivate other employees to give their best in the workplace. 5. Conflict Resolution   Understanding equity theory can assist in resolving conflicts arising from perceptions of unfairness. By acknowledging and addressing perceived inequities in exchanges, organizations and individuals can work towards restoring fairness. Thus, it reduces tension and enhances cooperation among team members or parties involved. You must not make things too complex from your counterpart. 6. Personal & Professional Development   On an individual level, equity theory can prompt self-reflection. It encourages people to evaluate their contributions and rewards in various situations. Again potentially leads to personal and professional development as they seek to achieve greater fairness and balance in their interactions. Effective planning can make things easier for you to reach your goals with ease. Limitations Of Equity Theory    Along with the benefits, there are certain criticisms of the equity theory. It can make things easier for you to reach your goals with ease. Some of the core limitations of this concept are as follows:- Perceptions of fairness and equity can vary greatly among individuals and may not always align with objective measures. Factors influencing perceptions of fairness (like values and past experiences) can make equity assessments intricate and multifaceted. Cultural norms and values can significantly impact perceptions of fairness, making the application of equity theory context-dependent. The seller's concessions can be a part of the equity theory because it impacts the performance of the employees in the workplace. Final Take Away Hence, if you want to grow your business and the organization, then you cannot ignore the importance of equity theory.  It can drastically improve the productivity and performance of the employees in the workplace. Your feedback can play a vital role us in drafting the next content with more information regarding this topic. 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