Petroleum Engineering Jobs – Subsea Oil and Gas Directory (2023)

FAQs

Which Petroleum Engineer has highest salary? ›

Highest salary that a Petroleum Engineer can earn is ₹21.8 Lakhs per year (₹1.8L per month). How does Petroleum Engineer Salary in India change with experience? An Entry Level Petroleum Engineer with less than three years of experience earns an average salary of ₹4.9 Lakhs per year.

Design equipment to extract oil and gas from onshore and offshore reserves deep underground. Develop plans to drill in oil and gas fields, and then to recover the oil and gas. Develop ways to inject water, chemicals, gases, or steam into an oil reserve to force out more oil or gas.

Petroleum Engineers made a median salary of $130,850 in 2021. The best-paid 25% made $167,750 that year, while the lowest-paid 25% made $100,880.

The primary qualifications for becoming a subsea engineer are a bachelor's degree and some experience with oceanic work. Most employers prefer applicants who have a master's degree, preferably in subsea engineering or a closely related area.

Yes, engineers can make $300K.

Beyond senior leadership roles, the type of engineer and the company you work for also play an important part.

The Bureau of Labor Statistics projects 8.3% employment growth for petroleum engineers between 2021 and 2031. In that period, an estimated 1,900 jobs should open up.

Engineers spend time in the field (sometimes in remote or offshore areas) and in office settings.

How long do workers stay on an oil rig? Workers on an offshore oil rig may remain on the platform for six months to one year, depending on the company they're working for, the project type and the duration of their contract.

Is petroleum engineering a stressful job? ›

Work for petroleum engineers can be very stressful, and full of unpredictable factors. Typically, petroleum engineers work directly from the field, although some deskwork is required for report analysis and recommendations.

The salary starts at $72,053 per year and goes up to $101,048 per year for the highest level of seniority.

To qualify for study in any of the graduate programs with regular admission status in the Chemical Petroleum Engineering, a student generally must have earned an accredited baccalaureate degree and or master of science or engineering in chemical or petroleum engineering with a minimum GPA of 3.0 on the US 4.0 scale.

Senior UX Engineer

The overall market range for roles in this area of Spotter are typically: $100-$500K salary per year.

An exceptional high salary is not unheard of, even into the range of $200,000 per year or more. $500,000 per year would usually be a pretty extreme outlier.

New Jersey offers the highest-paying petroleum engineer salary, with an average annual wage of $184,560. Texas and Florida — two states that notably have no state income tax — comes in second and third, respectively.

The average Chief Petroleum Engineer in the US makes $115,133.

How many hours do petroleum engineers work a day? ›

Petroleum engineers are expected to work full time up to as much as 50 to 60 hours every week. This is especially true when they are onsite. They typically work in shifts or rotation such as 84 hours on duty and 84 hours off.

It is very hard to become a petroleum engineer.

However, there are many benefits to this line of work, notably better salaries and career advancement opportunities. Petroleum engineers study ways of extracting oil and natural gas with fracturing and drilling.

Job Outlook

Employment of petroleum engineers is projected to grow 8 percent from 2021 to 2031, faster than the average for all occupations. About 1,700 openings for petroleum engineers are projected each year, on average, over the decade.

Employees who knows Offshore earn an average of ₹24.8lakhs, mostly ranging from ₹18.0lakhs per year to ₹50.0lakhs per year based on 95 profiles. The top 10% of employees earn more than ₹40.6lakhs per year.

An offshore worker cannot use a cell phone aboard an oil rig or platform in these situations: Outside of the living quarters. Due to the risk of flammable gas coming up the oil well, the use of cell phones is strictly prohibited anywhere outside of the living quarters.

No experience oil rig jobs are a bit hard to find but not impossible indeed. You can pursue different level oil jobs depending on your educational background. See some types of entry-level oil rig jobs we have enlisted for you!

Working on an oil rig has very strict rules to abide by, so don't expect a beer with your dinner as alcohol is strictly forbidden. Any type of drug use is highly intolerable – you will be drug tested before and may be randomly tested during your assignment.

Which engineer is most stressful? ›

Bachelor of Electrical Engineering

Bachelor of Electrical Engineering is one of the most popular engineering majors, attracting many students every year. However, not many students choose to pursue a career as an electrical engineer once they graduate, as it is one of the most stressful jobs.

Petroleum engineers design key tools, systems and processes in the oil and gas space, so they tend to be pretty busy people.

Petroleum engineers may work in the field as drilling or reservoir engineers, or they can be managers, teachers or consultants. Though of course major oil and gas companies employ a lot of petroleum engineers, opportunities are available in other industries, such as mining and petroleum product manufacturing.

Elon Musk has no formal engineering degree, but he clearly is industrial engineer by profession. His approach to business and problem solving is typical industrial engineering approach. His actual degrees (BS in both economics and physics) have good overlap with undergraduate curriculum in IE.

The most demanded engineering courses include Computer Science and Engineering, Mechanical Engineering, Electrical Engineering, Solar Engineering, Wind Energy Engineering, Nanotechnology, etc.

$141,685. The estimated total pay for a Subsea Engineer at ExxonMobil is $141,685 per year.

As of Apr 26, 2023, the average annual pay for a Submarine Engineer in the United States is $99,460 a year.

The estimated base pay is $109,990 per year.

As of Apr 20, 2023, the average annual pay for a Subsea Global Solutions in the United States is $106,355 a year.

How much does a subsea engineer earn in Houston? ›

How much does a Subsea Engineer make in Houston, Texas? As of May 6, 2023, the average annual pay for a Subsea Engineer in Houston is $154,143 a year. Just in case you need a simple salary calculator, that works out to be approximately $74.11 an hour.

Where Do Subsea Engineers Work? Subsea engineers are typically based in an office location with frequent, and sometimes extended, visits to fabrication, manufacturing, installation and offshore operation sites. Subsea engineers occasionally work in international locations and other frontier areas.

Sea Trek Deep Sea Fishing pays an average salary of $158,503 and salaries range from a low of $137,095 to a high of $182,164.

$87,604. The estimated total pay for a Third Mate at Transocean is $87,604 per year.

The estimated base pay is $73,078 per year.

Petroleum Engineer tops our list of the highest paying engineering jobs. The primary responsibility of petroleum engineers is to design and develop ways to extract natural resources oil and gas from Earth. They work in offices or at excavation sites.

Chevron CEO pay rose 4% to $23.6 million in 2022, employee compensation fell | Reuters.

Chevron Corp.'s Chief Executive Officer Mike Wirth just got a raise of about 10%, taking his 2023 base salary to $1.85 million as the company reaped bigger profits and cash flow in the past year thanks to higher energy prices.

How much does an Oil Baron make? As of May 8, 2023, the average annual pay for an Oil Baron in the United States is $39,624 a year.

What engineers make 300k a year? ›

Petroleum engineering can be a challenging major because of the math and science requirements. However, there are many benefits to this line of work, notably better salaries and career advancement opportunities. Petroleum engineers study ways of extracting oil and natural gas with fracturing and drilling.

A Day in the Life of a Petroleum Engineer

They usually work in laboratories or offices. However, they also have to work in drilling sites or gas and oil exploration and production sites. Petroleum engineers may also have to work in other countries. They install, monitor, supervise and maintain work sites.

Petroleum engineering is often a well-paying profession. On average, petroleum engineers earn $83,490 per year . Many petroleum engineers can expect to earn more based on variables such as their location and their level of education.

The Bureau of Labor Statistics projects 8.3% employment growth for petroleum engineers between 2021 and 2031. In that period, an estimated 1,900 jobs should open up.

Engineering jobs are consistently some of the highest paying, with a medium annual wage of around $100K. On the higher end of the pay range, many engineering jobs will even reach a starting salary of $200K.