20 Best Paying Jobs in Oil & Gas Production 2024
20 Best Paying Jobs In Oil & Gas Production | Highest Paying Oil And Gas Jobs. The oil and gas industry provides a wide variety of job opportunities across various stages of oil and gas collection and sale. It begins with geological exploration to find new sources of raw materials, which requires geologists, researchers, and various administrative positions.
The Bureau of Labor Statistics estimates that there were 150k people employed in the Oil & gas extraction Industry Group in 2019. Getting a job in Oil and Gas Industry can be difficult, however, if you are lucky enough then these are some of the best paying jobs in the oil rig and gas industry in US and Canada.
What are the Best Paying Jobs In Oil & Gas Production?
- Well Testers.
- Chemical Engineer.
- Petroleum Sales Representative.
- Vessel Manager.
- Production Engineer.
- Gas Plant Operator.
- HR Advisor.
- Lease Operator.
- Technical Directors.
- Directors of Operation
- Crude Oil Drivers.
- Petroleum Geologists.
Educational Qualifications for an Oil & Gas Production Job
The oil and gas industry encompasses a wide array of job types that have many different qualifications. To work on an oil rig, you must be physically fit and able to perform intermittent strenuous activity as well as possess an acumen for mechanics, repair, and technology. Prior experience is valuable, and many employers seek candidates with work history in manufacturing or the military.
There are usually no formal education requirements for an entry-level floor hand position on an oil rig, though a high school diploma is often preferred. Senior positions, such as engineers, require a bachelor’s or master’s degree in the relevant field and previous industry experience.
Jobs related to geology also require a college degree, with a preferred emphasis in oil or gas.
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Highest Paying Oil And Gas Jobs
1. Drilling Supervisor – $82,729 per year.
Drilling Supervisors are in charge of the drill operations and make sure that drilling work is completed properly and on schedule. They often work alongside a management team while the planning of a project’s operations is being developed.
2. Petroleum Geologist – $161,946 per year.
Petroleum Geologists search for and discover oil and gas deposits within the earth. They use geological information to analyze which sites companies should drill for oil and recommend the best drilling methods depending on the geological makeup of the area.
3. Geophysicist – $75,000 per year.
A Geophysicist studies the physical aspects of the earth in order to determine what lies beneath the surface of the earth.
4. Land Acquisition Specialist – $45,000-$107,500 per year
The majority of Land Acquisition Specialist salaries across the United States currently range between $45,000 (25th percentile) and $107,500 (75th percentile) annually. This large range of salary potential suggests there may be many opportunities for advancement and increased pay depending on skill level, location and years of experience.
5. Lease Operator – $52,000 per year.
Lease Operators ensure that the oil and gas transported to and from drilling sites, processing plants, and gas stations make the trip safely and without damage.
6. Completions Engineer – $96,000-$166,500 per year
In the oil & gas industry, the job of a completions engineer is to finish a well assembly after the completion of the drilling and lining. Your duties in this career are to monitor the well, identify any structural or geologic issues that might complicate the completion process, and draw up plans to install the rest of the equipment to facilitate the pumping of oil.
7. HR adviser – $72,174 per year
They also conduct employee investigations, resolve conflicts and update the company’s policies.
8. Sales Representative – $65,196 per year
The sales representatives in the oil and gas sector are also among the most paid workers in the industry. They’re obliged to sell all the finished petroleum products to the wholesalers and to the retailers respectively. The workers in this field must have at least bachelor’s degree in the field or any related one.
9. Gas Plant Operator – $41,541 per year
The gas plant operators are the experts in the oil and gas industry whose duties is to distribute gas for companies that use them through the compressors with a maintained pressure. They are one of the highest paying oil and gas jobs in the world.
10. Vessel Manager – $68,750 per year.
These individuals oversee and ensure the safe operations of offshore drilling on oil and petroleum vessels.
11. Chemical Engineers – $63,844 per year
Chemical engineers in the oil and gas sector are one of the most paid workers. They’re responsible for assessing and determining the type and amount of chemicals used to transform oil products into useful materials in the industry. All the additives substances used on crude oil and petroleum to transform them into useful materials are done by the chemical engineers in collaboration with other professional engineers.
12. Vessel manager – $72,125 per year.
These experts are experienced workers in the oil and gas industry. They supervise and ensure the safety of offshore drilling by training crew members and supervising drilling engineers in order to ensure safety and perfect drilling. To be qualified for the position of the Vessel manager, you must have at least bachelor’s degree in nautical science and fleet management training courses or any other related fields.
13. Lease Purchase Operator – $101,625 per year
The Lease purchase operators are the biggest people in the oil and gas industry as they take the highest salary. They’re some forms of middleman responsible for the safety of oil and gas transported from the drilling place to processing sites and then to commercial stations where they are stored and sold.
14. Production Engineer – $74,100 per year.
They are responsible for designing and selecting well equipment to bring it to production after drilling. They monitor the well as it flows to make sure it is efficient and still commercially viable.
15. Rig Welder – $46,000-$101,000 per year
A Rig Welder is a key player in the oil industry. Rig Welder work on oil rigs–large platforms erected to carry out oil drilling, processing, and storage–and use specialized equipment to weld metals on the rig. Rig Welders are vital in reinforcing the infrastructure necessary to extract and process oil and, in many cases, natural gases.
16. Tank Cleaner – Salary range: $25,000-$37,500 per year
As a tank cleaner, you wash and clean the interior of a tank. You may drain and scrape it using a pressure washer, broom, or another tool to ensure it is as clean as possible. In this context, a tank is a storage device that holds any material in bulk, including vats, kettles, chutes, and some trucks.
17. Well Tender – $32,000-$50,000 per year
As a well tender, your main responsibilities are the maintenance and the repair of natural gas wells. Your job duties include inspecting wells to make sure they are functioning properly, adjusting pressure gauges and valves, and addressing safety violations to ensure optimal production levels. You only need a high school diploma or GED certificate to become a well tender, but earning additional qualifications through a certification course will help advance your career in the natural gas industry.
18. Project Engineer – $85,698 per year
Project Engineers ensure that design, construction, and major maintenance projects are completed securely, completed within budget, review progress reports and proposed construction changes, as well as monitor project progress for stakeholders.
19. Excavating Engineer – $154,421 per year.
Excavating Engineer manages rig staff and is responsible for assessing and maintaining wells, ensuring safety measures are implementing, and is generally responsible for the financial and technical operations of drilling for oil or gas.
20. Mechanical Engineer – $71,000 per year.
Mechanical Engineers are keen to support plant equipment, design, development, installation, and maintenance of oil and gas processing equipment, with emphasis on safety, reliability, quality, and sustainability.
Is oil and gas industry a good a career choice?
The industries of oil and gas is diverse in the way it works, offering various opportunities and perks to those with the specific educational standards and professional skills required.
- Salaries for this sector are typically higher than average, and this is due to several factors, such as the educational background required. However other incentives, such as lucrative financial bonuses, will also come into play and make potentially remote working locations more attractive to workers.
- Skills you can develop in this industry may be very specific, such as petroleum economics, oil and gas exploration management, refinery management, and operations material management.
- Travel possibilities are common, due to the global demand for these resources. The growing need for skilled professionals means this career choice gives you real geographic versatility – especially if you work off-shore!
- Technology is integral to this industry, and as you progress along this path you will have opportunities to be trained regularly with cutting-edge equipment. Ensuring your skills are kept up to speed will contribute greatly to your career trajectory.
