Oil Comp Engr
35 Years Experience
I have worked at a major integrated oil company for over 30 years. I have degrees in Civil and Petroleum Engineering. I currently work with safety, health and environmental management systems. I have worked in operations and safety in both the upstream (finding and producing oil and gas) and downstream (refining, chemicals and distributions) areas. I have travelled all over the world. I enjoy my job but have endured both good & bad business cycles as well as good and bad managers.
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It will depend on how much experience you have and what you want to do when /if you leave. If you have, say, 10 years of experience wand have been promoted into management, then I would think your chances could be pretty decent of landing another management job in a technical field. If you become very specialized in a technical area that is unique to oil and gas it could be more difficult. However e, there is always the option of pursuing a master's degree in mechanical engineering or getting an MBA. Let's say you have a lot of experience in natural gas processing, working with compressors, piping design, corrosion engineering, etc., those skills will be very transferable to other fields. If you specialize in well log analysislethal would be less transferable. If you love what you do and are good at it, you will make it through any downturns. US educated petroleum engineers will always be in demand if they are willing to relocate. I lived through the downturn of 1985 /1986 when the price of oil fell to around $9/bbl. I only had about 5 years experience but had earned a reputation for being a hard worker who got along well with others And loved the job.
If the price of oil is high enough, there are unconventional reserves that are economic to develop. Plus, high oil prices will encourage conservation which will also help decrease dependence on imports. I think it is way too complicated to say all efforts are in vain.
Absolutely! You should be in demand in the US as well. Keep your grades up, try to get a good summer internship and best of luck to you.
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It depends quite a lot on where you intend to pursue a job and what your citizenship is. I can really only speak for the situation in the USA. Having recruited for a major oil company before, I CAN tell you that US companies will rarely hire a foreign national and sponsor him or her for US citizenship or a visa unless that a person has a PhD In a very specialized field of study.
Whole novels have been written about peak oil, so I could not do it justice here. I would just say that because petroleum delivers an unbeatable amount of btu's per unit volume as compared to other energy sources and because there is a mature and highly functioning infrastructure to refine and deliver it to the market, it can continue to command high prices. The high prices fuel technological motivation to find more oil. Horizontal drilling combined with fracturing is a splendid example of how we have now economically unlocked reserves that we knew were there. Because we can drill multiple wells from one surface location, we are able to produce the oil (and gas) with a smaller impact on the environment than previously. I think more breakthroughs will come in the future so it is hard to predict when/if we will hit peak oil.
The purpose of this forum is to answer questions about what it is like to work as a petroleum and/or environmental engineer, not to do people's work for them. Sorry, but you need to consult a textbook.
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