How Many Jobs Are Available In Oil & Gas Production
How Many Jobs Are Available In Oil & Gas Production. The petroleum industry is one of the leading sectors all over the world. Most oil production comes from the Middle East (mainly Saudi Arabia and Iraq), the US, Russia, and Canada. Rapid growth in oil production from shale using advanced hydraulic fracturing and horizontal drilling is creating high-paying jobs and boosting personal incomes in states like North Dakota and Texas.
Approximately 6.7 million Americans work in the energy field according to National Association of State Energy Officials. Electric power generation, transmission distribution, energy efficiency, and motor vehicles are the main sectors making up energy employment. According to the latest data from 2019, this industry constitutes around 4.6% of the overall American workforce, an increase of 151,700 over 2017.
How Many Jobs Are Available In Oil & Gas Production?
The latest statistics show that the oil and gas industry in the US employs around 10.3 million people. When it comes to natural gas and oil production, the US is one of the world’s leading countries. But, how many Americans work in the oil industry? An API study from 2017 revealed that the industry supported a whopping 10.3 million US jobs. According to the study, the occupations sustained by this industry have seen an increase of 500,000 new employees since 2011.
Gazprom is the leading oil and gas company in the world, with 477,600 employees. When it comes to employment, the Russian company Gazprom is the world’s largest oil and gas business in the world. In 2021, Gazprom has 477,600 employees.
PetroChina comes in second place with 432,000 employees, and Sinopec (China) is third with 384,070 workers. Rosneft, in fourth place, has a much lower number of employees in the oil and gas industry — the company has around 334,600 employees at the moment.
Types of Jobs in the Oil & Gas Industry
If you’re interested in a career in the oil and gas industry, you may wonder what types of jobs are available. The oil and gas industries are a significant part of the energy market and affect the global economy. The processes used to produce and distribute oil are highly complex, so professionals within this field may need extensive experience for qualification.
Best Careers to consider in the oil and gas Production industry
The highest paying jobs in the oil and gas Production industry are as follows:
4. Oil field worker
Oil field worker positions are typically entry-level jobs that require manual labor in relation to building and maintaining oil rigs. They may also assist with the transportation of tools and equipment.
9. Petroleum engineer
A petroleum engineer creates methods to extract gas and oil from reservoirs. They may keep up with research related to new sources of gas and oil, work with geologists and scientists to develop successful drilling methods and work to prevent risks while employees are on the job.
6. Oil and gas accountant
Oil and gas accountants typically work for oil and gas production companies to keep track of budgets, income and expenses. They may help organizations prepare balance sheets and tax reports.
8. Rig manager
Primary duties: Rig managers work on oil rigs to ensure all employees are adhering to appropriate policies and procedures related to drilling. They may oversee crews drilling in various locations and ensure the maintenance and safety of oil rigs.
12. Surveyor
Oil and gas surveyors work to locate oil resources. They need a strong understanding of offshore and sea bed locations to identify these sources. Other duties may include interpreting data related to oil finds, performing surveys of offshore locations and creating reports for on- and offshore clients.
1. Well testing operator
Well testing operators spend their time working with drilling and well location setup, and reporting and flowback procedures. They help ensure safe operations and quality control throughout the oil drilling project.
7. Geologist
Geologists in the oil and gas sector work with teams to assess seismic imaging and review pre-existing drill hole information to gain a better understanding of the gas and oil rocks under the earth’s surface. They use sedimentary methods and stratigraphy to find these rocks.
5. Foreperson
Forepeople in the oil and gas industry work at well sites to manage and oversee extraction processes and operations. They may help install the necessary tools needed for extraction and routinely check drilling equipment.
3. Offshore technician
Offshore technicians work within the oil and gas industry and install, assess and maintain offshore equipment used for drilling. Also known as process operation technicians, these professionals may work in several areas, including mechanical maintenance and process operations.
Oil and Gas Employment Statistics
In the US, the median hourly wage for an oil rig worker is $24. Oil rigs commonly drill for oil both onshore and offshore. As these complex pieces of machinery require many workers, oil rig employees have different experience levels, education, certifications, and additional abilities, managers, engineers, and oil laborers are all oil rigs workers.
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