Are you wondering How many jobs are available in oil/gas transmission? You’re right place. In this article, we will answer your questions and provide more information about this problem. The oil and gas industry is a great place to start your career. There are many different types of jobs available in this field, from entry-level positions to more advanced roles. In this blog post, we’ll take a look at the various job opportunities available in oil/gas transmission. We’ll also discuss the skills and qualifications you need to be successful in this industry. So if you’re interested in a career in oil and gas transmission, read on!
Millions of people are employed in the energy business, and the number of employment will expand as our energy need grows. While the majority of energy employment are in oil and natural gas extraction, there are numerous roles available in other fields such as transmission and distribution. This page discusses the many job pathways available in the oil/gas transmission sector, as well as the educational requirements and how to get started. Find out more about this intriguing field right now!
An overview about oil/gas transmission
Oil and gas transmission is an energy business sector that comprises of the infrastructure that transports energy resources from their site of extraction to consumers. Pipelines, railways, and transportation are all examples of this. It also involves electricity and natural gas production. In the United States alone, oil and gas transmission employs about 200,000 people.
The statistics about how many jobs are available in oil/gas transmission
According to PwC, industry provides 9.8 million jobs, or 5.6 percent of overall US employment. According to IHS, the unconventional oil and natural gas value chain and energy-related chemicals activities supported more than 2.1 million employment in 2012, with that figure expected to rise to 3.9 million by 2025.
Rapid development in shale oil production utilizing modern hydraulic fracturing and horizontal drilling is providing high-paying employment and increasing personal income in places such as North Dakota and Texas. North Dakota has the lowest unemployment rate in the country, thanks to growth in the Bakken Shale formation. North Dakota also had the fastest rising income in the US in 2013, at 7.6 percent, thanks to expansion in the oil and gas industry.
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For the past half-decade, oil production from the Eagle Ford Shale has converted a relatively poor region of South Texas into one of the most major economic growth zones in the country. Indeed, the Texas Comptroller believes that the state has regained 100 percent of the employment lost during the Great Recession and has created 597,000 jobs since the last peak in August 2008.
The shale energy revolution is revitalizing the U.S. manufacturing sector, with manufacturers obtaining a competitive advantage for items created in the United States by utilizing inexpensive natural gas and related feedstocks. According to PwC, the exploitation of America’s massive shale natural gas reserves may bring more than 1 million U.S. industrial employment by 2025. According to Reuters, low-cost natural gas contributed $2.08 trillion to the U.S. industrial sector in 2013.
How Many Jobs Are Available in Oil/Gas Transmission?
Currently, there are more than 10 million jobs supported by the oil and gas industry in the United States. These jobs include professionals such as engineers, scientists, construction workers, mechanics, equipment operators, oil and gas production workers, and many others. These jobs are also more secure and offer better wages than renewable energy jobs.
Those working in the oil and gas industry enjoy an average annual salary of $108,000. Compared to the national average, workers in this industry have better wages, health care, and other benefits. Those working in the oil and gas industry also face fewer dangers, including fire, explosions, and toxic air. These jobs also have the potential to help people save for the future.
The American Petroleum Institute (API) has said that the oil and gas industry supports nine million jobs in the United States. This number is based on a study conducted by PwC, which analyzed government data. However, the study’s findings are inconsistent with the Bureau of Labor Statistics’ (BLS) employment data.
According to the PwC study, the oil and gas industry has an overall impact on the economy, which is a good thing. However, the study’s findings are misleading. Its data inflates the overall employment impact of the industry, while BLS data shows that there are fewer direct jobs than the oil and gas industry hype.
The BLS Current Establishment Survey (CES) provides employment data for upstream and downstream activities in the oil and gas industry. The upstream industry involves activities such as oil and gas production, well drilling, and operation support. The downstream industry includes activities such as petroleum refining, product sales, and pipeline construction.
The Texas oil and gas value chain (OGC) reported 11,909 active unique job postings in August. Of those, managers and heavy tractor-trailer truck drivers accounted for the most popular jobs listings. This means that a major pipeline construction project could generate more than 42,000 jobs. The upstream industry plays a critical role in the nation’s energy security. The upstream industry employs almost 200,000 people in Texas.
Those working in the gas and oil industry are also closer to home, making them safer. Oil and gas workers also have better benefits than renewable energy workers. They earn an average of $108,000 a year, while renewable energy workers earn less than $91,000. Compared to renewable energy, oil and gas workers have better benefits, and they work closer to home. In addition, oil and gas workers earn higher hourly wages than renewable energy workers.
The Texas oil and gas value chain observed an increase of 44,700 jobs between September 2020 and August 2019. This means that the oil and gas workforce has grown in tandem with world demand for energy. The oil and gas industry is expected to create nearly 120,000 jobs between 2022 and 2027.
The US oil and gas industry is expected to generate $90 billion in revenue per year by 2027, a 40% increase from its current level. The oil price rebound is expected to motivate operators to ramp up investments. This growth will create a significant economic benefit to the state communities where pipeline development is taking place. However, this growth will also bring competition from the renewable energy industry.
Some common jobs in oil/gas transmission industry
This is a list of some common jobs available in oil/gas transmission you can consider:
Process Technician
Number of jobs in the U.S: 46.000+
2020-2030 job growth rate: -1%
Job openings: 78.000+
The quantity of job opportunities varies according on time and location. According to the Society for Maintenance and Reliability Professionals, there will be around 78,000+ employment opportunities in electrical, mechanical, instrumentation, and welding industries by 2022. If you want a high-paying oil/gas job with strong development potential, you might consider returning to school and earning a degree in a related discipline such as engineering or physics.
As of May 2012, the median annual compensation for process technicians was $84,260, according to the U.S. Bureau of Labor Statistics.
Safety manager
Numbe of jobs in the U.S.: 39.000+
2020-2030 job growth rate: 5%
Job openings: 18.000+
TransCanada is a natural gas, oil, and energy firm that has a variety of career opportunities for anyone interested in working in the area. Our staff come from a variety of backgrounds, and we feel that each perspective brings something unique to the table.
If you’re curious about what opportunities could be suited for you, visit our careers page.
Oil truck driver
Number of jobs in the U.S.: 31.000+
2020-2030 job growth rate: 5%
Job openings: 9.000+
Oil and gas firms provide fuel to the world and employ a big number of people. As a result, there is a wide range of employment available, including geoscientists, petroleum engineers, drilling professionals, and others.
Chemical engineer
Number of jobs in the U.S: 20.000+
2020-2030 job growth rate: 6%
Job openings: 6.000+
Apprenticeships are an excellent way to earn money while learning a skill. Furthermore, they can equip you with the skills and certifications you need to one day start your own business. As a result, we’ve produced a list of the top five occupations that provide a solid wage, flexibility, and job stability.
Chemical engineers research how molecules react at different temperatures and pressures to assist corporations in producing goods such as plastics, pharmaceuticals, detergents, and other chemicals.
The projected growth rate over the next five years is 6%, implying that there will be lots of opportunities for people interested in working in this industry.
Benefits of working in oil/gas transmission industry
Those who choose to work in the oil and gas transmission sector have a variety of advantages. The most obvious advantage is the possibility of making a lot of money. Workers in the oil and gas transmission industry are among the highest paid in the United States. Oil and gas transmission workers receive a variety of extra advantages in addition to high pay. These advantages include employment stability, favorable working conditions, and a variety of additional bonuses.
The possibility for high profits is the most crucial perk for many people who work in oil and gas transmission. The typical annual pay for oil and gas transmission employees is $75,000, according to the Bureau of Labor Statistics. This is much greater than the $37,040 median yearly income for all workers in the United States. Oil and gas transmission workers receive a variety of extra advantages in addition to high pay. These advantages include employment stability, favorable working conditions, and a variety of additional bonuses.
Oil and gas transmission workers have a high level of job security. This is due to the fact that the oil and gas business is both stable and increasing. Oil and gas consumption is likely to rise more in the future, necessitating the need for oil and gas transmission professionals. Oil and gas transmission workers benefit from decent working conditions in addition to job security. This is due to the fact that most oil and gas transmission personnel are hired by major, well-established corporations. These businesses frequently offer competitive pay and perks to their employees.
In addition to the advantages described above, oil and gas transmission workers get a variety of additional benefits. Company cars, paid vacation days, and health insurance are examples of benefits. These advantages may make a career in oil and gas transmission appealing to many people.
FAQs
What is the pay like for a job in oil/gas transmission?
According to the Bureau of Labor Statistics, the median pay for oil and gas extraction employees in 2016 was $65,070. In 2016, the median salary for oil and gas transmission and distribution workers was $67,410.
The median salary for oil and gas extraction employees is greater than the median pay for oil and gas transmission and distribution personnel. This is due to the fact that workers in the oil and gas extraction business are compensated more for their abilities and expertise.
Final thoughts
Finally, the oil and gas transmission business is expanding, and competent professionals are in high demand. Engineers, pipeline operators, welders, and inspectors are among the opportunities offered. Many of these occupations demand specific training and experience, and the best candidates will have both.
The oil and gas transmission sector provides a wide range of rewarding and demanding job possibilities. Workers interested in this profession should investigate available roles and qualifications in order to discover occupations that best match their talents and interests.
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