Even though the world economy tries to disinvest from the oil industry, the latter is still responsible for more than 50% of the global energy needs. Fossil fuels used to be the cheapest form of energy. Gas is the latest trend, having flooded the markets since the late 20th century.
Best Paying Jobs in Oil & Gas Production
Today some of the best-paying jobs in the private sector remain the ones in oil and gas production. Getting the crude oil drilled from the ground or from the bottom of the sea is promising and profitable for energy companies. Let’s take a deep dive into the professions that are necessary for this sector and how much they can make per year when working exclusively for an energy brand.
1. Drilling Expert
Every oil and gas job has to do with drilling the ground. That’s when you need to have a drilling expert act as a supervisor for all the workers that are close to the drill. Most of them don’t do anything mechanical, but they just stand close to the drilling site watching the screens with pressures and temperature indexes to ensure that the drill goes as expected. They can make as much as $85,000 per year and even more when they work on an oil rig in the open sea.
Also Read: 6 Best Paying Jobs in Industrial Machinery/components in 2022
2. Construction Supervisor
It has to do with the supervision of other simple constructor workers who are there to perform excavation and additional concrete works. The supervisor has a primary responsibility to ensure the shifts and safety measures are effective for all the workers involved in the drilling. Even though there is no need for a certain degree to become a construction supervisor, it’s sure that you will earn more than $40,000 per year. The salaries go up when we talk about an oil rig that is close to the Gulf.
A geologist has one of the hardest jobs among their peers on the oil rig or the drilling site. First, a geologist should perform certain measurements and studies to ensure that oil or gas is underneath the drilling site. His decision could cost millions to the drilling and oil companies. That’s why the average salary for geologists working in the oil and gas industry could reach as much as $100,000 per year plus other family benefits.
Also Read: 10 Best Paying Jobs in Marine Transportation in 2022
4. Chemical Engineer
When you finally reach the oil or gas layers, you need to analyze the first quantities you get from your oil pump. Then you need a chemical engineer to perform such an analysis and give a thorough view about the continuation of the drilling. Such chemical engineers that have a specialization in fossil fuels could get paid as much as $70,000 per year. Their job is not as dangerous as one of the geologists, and that’s why they have an inferior payment for their services, even though their services are equally important in the long run.
5. Excavation Expert
There is no way you can drill a hole and stabilize the pumping mechanism without having an excavation expert in the crew. These excavation experts are the ones that know how to drive their bulldozers to ensure that you will easily reach the depth you need to apply the drills. They only work in terrain drilling and not in the sea oil rigs. A competent excavation expert has a median salary of $60,000, which is more than enough for a person that only has to remove mud from the site.
Also Read: 15 Best Paying Jobs in Telecommunication Equipment Industry in 2022
6. Fossil Fuel Sales Operator
When you finally drill and pump out the oil you need to have a person that will sell it to the markets. That’s the fossil fuel sales operator who is specialized in the market and knows the ups and downs. Such professionals can make a median salary of at least $65,000 and have the same amount in commissions each year when they reach their selling targets. It’s not easy to be a fossil fuel sales operator since you need to be in direct touch with the market and sell. At the same time, you need to inform the drilling manager to increase or decrease the production according to the sales trend and the market needs.
7. Gas Plant and Refinery Operator
Finally, a gas plant and refinery operator is a crucial job that could reach a salary of $150,000 that exceeds every other professional. He is the one responsible for the drilling, pumping, selling, and refining of oil and gas products. The refinery operator is the most important person for the oil company since he is the one that could cost it millions in lost operations or the one that will make them profitable by more millions than they have imagined.
Also Read: 10 Best Paying Jobs in Real Estate Investment Trusts in 2022: Don’t Miss it..!!
Frequently Asked Questions
Now you can check some of the most explicit questions we have seen online about oil and gas production jobs.
Oil miners are blue-collar workers in the oil market. They rarely make more than $35,000 per year since it’s a job requiring less effort and has no perils like it used to have in the past. They also tend to earn more if they decide to work in an oil rig on the open sea.
We all choose the oil and gas industry since it’s the one with the highest liquidity and profitability of all the others. Every other industry is dependent on the oil and gas industry since nothing can move or work without the use of the energy coming from fossil fuels. As a result choosing that industry will make you an easy earner, and your family will prosper.
Saudi Arabia is the country that pays a higher salary to oil engineers. That is because the climate and the way of living there are extremely harsh for foreigners. Their net salaries could exceed $500,000 annually for oil engineers who know their job and have a rich portfolio of previous works in their calendar.
Make Money Online
20 Legit Ways to Invest $100 to Make $1000 a day in 2022
Are you looking for the most effective and most secure ways for investing $100? Like many do you wish to invest $100...
How Much Does Youtube Pay for 1 Million Views?
Today we live in the era of the image. That means people, especially the younger generations, don’t like to read....
How to Get a Career in Gaming?
Most people take gaming as their hobby and think that no one can earn money just by playing games. But...
How to Make $100k+ Per Year With FREE Google Certifications Online
Today, I really want to tell you how you can over $100,000+ Per Year with free Google certifications so that...
10 Best Closed Captioning Jobs from Home To Apply for Today!
New to closed captioning jobs? Do, you know it’s gaining a lot of popularity in the work from home industry...