Petroleum Engineer. Job Description  Petroleum engineers find and develop new ways to extract petroleum in a profitable way  Find others ways to inject.

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Presentation transcript:

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 Listing AT-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