The oilfield services and equipment industry is one of the most dynamic and growing industries out there. With new technologies constantly being developed and old ones becoming obsolete, this is a field that will always be in demand. If you are interested in finding a job in this field, be sure to check out our list of the best paying jobs in oilfield services/equipment. From pipeline installation to drilling operations, these are some of the most lucrative positions out there.
What is oilfield services?
Oilfield services are a booming industry due to the recent increase in oil prices. Jobs in this field can be extremely lucrative, with some employees earning over $100,000 per year. Here is a look at some of the best paying jobs in oilfield services/equipment.
- Drilling engineer: This is one of the most popular positions in oilfield services, and for good reason. Drilling engineers are responsible for monitoring and controlling all aspects of drilling operations, from the initial planning stages to final completion. They typically earn around $130,000 per year.
- Petroleum engineer: A petroleum engineer is responsible for researching new and innovative ways to extract oil and gas from wells. They typically earn around $200,000 per year.
- Equipment operator: Operating equipment in an oilfield can be extremely hazardous work, which is why equipment operators are among the highest paid employees in the field. They typically earn around $135,000 per year.
The different types of oilfield services
One of the fastest growing industries in the United States is oilfield services/equipment. The different types of oilfield services include drilling, completion operations, well construction and abandonment, fluid handling, and pipeline transportation. The pay for these jobs can be very good depending on the experience and qualifications of the individual.
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Pros and Cons of working in oilfield services
Pros and Cons of Working in Oilfield Services/Equipment
Working in oilfield services can be a great way to make money, but it also has its share of cons. Here are some pros and cons of working in this field:
- Good pay and benefits.
- Variety of jobs and opportunities.
- Interesting work.
- Opportunity for career development.
- Good work-life balance.
- Low unemployment rate in the oilfield services field.
- Opportunities for overtime and advancement.
- Excellent work-life balance compared to other industries with similar labor demands, such as construction or manufacturing (although construction jobs have a lower unemployment rate).
How to get started in oilfield services
If you’re looking for a high-paying career in oilfield services or equipment, here are five ways to get started.
- Get an education in oilfield services or equipment. Many colleges and universities offer degree programs in oilfield services and equipment, so look into what’s available near you. You can also find online courses that will teach you the necessary skills.
- Join a professional association. Professional associations are a great way to connect with other professionals in your field and learn from their experience. There are many oilfield service and equipment associations available, so be sure to research which one is right for you before joining.
- Start your own business. If you have the entrepreneurial spirit, starting your own business may be the best way to get started in oilfield services or equipment. There are many resources available on how to start a business in this industry, so be sure to Google search for information before starting anything up!
- Network with others in the industry. When you’re networking, don’t just focus on finding jobs; also talk about what’s new and exciting in the oilfield service and equipment world. This will help you stay current on the latest trends and be more likely to find success when looking for work in this field.
- Keep learning! Even if you have a job in oilfield services or equipment, keep learning new things so that you can keep up with the ever-changing industry standards
The best paying jobs in oilfield services/equipment
According to the Bureau of Labor Statistics, oilfield services, equipment and supplies account for a $100 billion industry in the United States. This sector is expected to grow by as much as 9% over the next decade, making it one of the most promising areas of employment. The following are some of the best paying jobs in oilfield services/equipment:
- Drilling Engineer
A drilling engineer is responsible for planning and executing drilling operations, including design and implementation of wellbores, wells, helipads and other support facilities. They may also be involved in determining optimal production methods or analyze data gathered during drilling operations. Salary ranges from $86,000 to $148,000 per year.
A geophysicist is a scientist who specializes in understanding Earth’s lithosphere, atmosphere and oceans through seismic surveys, aerial mapping and satellite imagery. They use this information to develop models predicting future geophysical events such as earthquakes or volcanic eruptions. Salary ranges from $85,000 to $157,000 per year.
- Petroleum Engineer
A petroleum engineer is responsible for designing and overseeing the construction of oil refineries and pipelines. They also develop new ways to extract oil and gas from existing reserves using more efficient technologies. Salary ranges from $90,000 to $236,000 per year.