You wondering How many jobs are available in oilfield services/equipment? Here you are.
The oilfield services and equipment industry is a key player in the global economy, providing critical services and products to the energy sector. According to a recent report, the industry is expected to experience strong growth in the coming years, with an estimated 4.5 million new jobs being created by 2025. This represents a great opportunity for those looking for a stable career in a growing industry. So if you’re wondering how many jobs are available in oilfield services and equipment, the answer is: plenty! With such strong demand for qualified workers, now is a great time to consider a career in this field.
The oilfield services and equipment industry is full of opportunities. According to the latest data from the Bureau of Labor Statistics, there are over half a million jobs in this sector. This number includes both direct and indirect jobs r which are created by the industry. The oilfield services and equipment industry is a great place to start your career or make a change. With so many job openings, there is sure to be a position that is right for you. So, whether you are looking for an entry-level position or a more experienced role, start your search today! You could be one step closer to starting an exciting new career in the oilfield services and equipment industry.
What are oilfield services/equipment?
Oilfield services refers to companies that provide the tools and expertise required for oil extraction.
Oilfield service businesses hire people to operate the equipment, monitor it for damage, repair any problems that arise, and generally keep things running well.
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Benefits of working in the oilfield services/equipment industry
Here are some advantages of oilfield services/equipment career path:
Higher salary payments
The oil sector offers a broad variety of job choices, including salesperson, supervisor, and equipment operator.
Oilfield Services has noticed time and time again that some people start out in one area and eventually go on to another to broaden their horizons and push themselves.
There are always fresh skills to learn that will serve you for a lifetime. On their websites, Oilfield Services always welcomes applications from those interested in working in the oilfield.
The work schedule
Despite the fact that you could work long hours and weeks at a time, the majority of oilfield service companies have extremely generous vacation programs.
Some folks work for three weeks straight, followed by three weeks off, or any other pattern you can imagine. Some people alternate weeks of work and rest. When compared to people who have a standard five-day work week with two weekends off, this is usually more vacation time.
If you work for an offshore oil company, you get half the year off, which is a perk that is unusual in most other areas of the global economy.
Although oil field workers may not spend every night at home, they have plenty of days to spend with their family when they do.
Opportunity to develop
Let’s face it, a lot of people work in the oil industry for the money.
Even though they could make over $100,000 a year, many employees who don’t like their jobs leave the company shortly. When working long hours, overtime pay is regularly earned and it may mount up quickly.
Moreover, your day rate, reimbursed expenditures, and daily stipend will cover the bulk of your expenses while you are working, leaving you with extra cash to put in the bank.
Additionally, your salary is rather good when you factor in conventional work perks like health insurance and a 401k.
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Jobs In Oilfield Services/Equipment
There are numerous entry-level chances in the oilfield services sector because it has recently become one of the most lucrative in the whole globe. Workers with a variety of skill sets and experiences, such as engineering technicians, operations experts, geological engineers, and machinists, can find employment in this sector.
The Energy Workforce & Technology Council reports that the oilfield services and equipment industry in the United States lost 818 jobs in November. Nevertheless, throughout the two months from August to October, employment in the industry rose by 1.9%. Oilfield services and equipment employees’ employment is anticipated to increase by an average of 0.92% every month by 2021. However, a shortage of trained personnel in the industry will impede employment expansion.
Over 3,000 people are employed in the oilfield services equipment sector at the moment. These positions pay well and come with benefits, and they may be obtained with or without a college degree. There are several of them in Washington, D.C., and Houston, Texas, but you can also find them all across the country.
The two primary kinds of work in oilfield services equipment are listed below. The first is referred to as production and exploration. This comprises reservoir engineering, a more technical component of the process that deals with obtaining the resources themselves, as well as drilling, which is regarded as the actual act of extracting natural resources. The petroleum pipelines are under the second group. This one focuses on the parts of the process that get the extracted oil to market, such as distribution and transportation.
Here are some common jobs in oilfield services/equipment you can consider:
Director of Safety
Average salary: $50.000 to $55.000
Safety directors implement and develop safety measures based on policies and regulations set out by their organization or state.
They are in charge of reducing the possibility of injury or accident and overseeing operations to ensure adherence to occupational safety regulations.
As a result, safety directors typically need bachelor’s degrees in a relevant field.
Drilling engineer
Average salary: $65.000
Drilling operations for natural gas and crude oil are planned and carried out by drilling engineers.
Additionally, they monitor and keep an eye on every step of the drilling process, from initial design through testing to supervision of drill operations.
A bachelor’s degree in a related field is also necessary for this profession’s general education requirements, along with a state-issued certification.
Document control clerk
Average salary: $68.000 to $70.000
Document control clerks are responsible for maintaining records of all documents created or received by an organization. This may include keeping track of who has access to each document, ensuring that documents are properly stored and organized, and destroying outdated or irrelevant documents. Document control clerks may also be responsible for creating new documents, such as manuals or policies, and distributing them to the appropriate personnel.
Welder
Average salary: $60.500
There are many different types of welders, and each has its own advantages and disadvantages. Some welders are better for certain materials than others, so it’s important to choose the right welder for the job. Welder reviews can help you figure out which welder is best for your needs.
Equipment technician
Average salary: $45.000 to $65.000
As an equipment technician, you will be responsible for maintaining and repairing a variety of machines and equipment. You will use a variety of tools and diagnostic equipment to identify problems and find solutions. You will need to be able to read manuals and follow instructions carefully. You should also be able to troubleshoot problems and figure out creative solutions.
Lease-Purchase Operator
Average salary: $113.426
Oil and gas transportation to and from drilling sites, refineries, and gas stations is overseen by lease operators to ensure safety and integrity.
Additionally, they inspect delivery vehicles for cracks, corrosion, separations, loose fittings, and any other problems that can lead to product loss or damage.
The standard educational requirements for this position are a high school diploma, GED, or bachelor’s degree in a related field, as well as extra training in mechanical systems.
Chemical Engineer
Average salary: $81.068
Chemical engineers conduct a range of tests and evaluations to make sure businesses utilize the right chemicals to transform crude oil and petroleum into usable material.
To ensure the secure storage and conversion of raw materials into gasoline and fuel, they frequently work in collaboration with other field engineers and scientists.
As a result, chemical engineers frequently need a bachelor’s degree in chemical engineering or a closely related field.
Vessel Manager
Average salary: $71.645
Onboard oil and petroleum vessels, these experts oversee and guarantee the safety of offshore drilling operations.
To guarantee that offshore drilling expeditions are conducted properly, they also instruct crew members, oversee drilling operations, and work closely with drilling engineers and safety inspectors.
Other typical educational requirements for vessel managers include fleet management training programs and a bachelor’s degree in nautical science or a related field.
Education/skill requirements
Getting an oilfield services/equipment job requires a wide range of skills and knowledge. Some jobs are manual labor positions that require little formal education. Others require specialized training and certifications. But with the growth of the oil and gas industry, the need for qualified talent will increase.
Oilfield services and equipment workers are the frontline workers who make it possible for oil and gas companies to extract and refine oil. These companies provide a variety of services, including electrical, mechanical, and storage services. They also provide transportation and transportation related services, as well as construction and engineering services.
Aside from physical work, oil field services and equipment workers also need to have certain problem-solving skills. For example, a floorhand must be able to clear the deck of potential safety hazards. They also must be able to operate heavy machinery and equipment, including drilling equipment.
Another good job opportunity involves being a derrickman. These men and women work alongside oil rig managers to ensure that drilling equipment runs smoothly. Most derrickmen have several years of experience.
There are several types of oil field services, such as cementing, fracturing, and acidizing. Oil service persons may also use computer-based software to perform tasks, as well as operating tools. Some types of oil field services also require an Associate’s or Bachelor’s degree. But a high school diploma is usually enough to start a career in oil field services and equipment.
The oil field services/equipment industry is a fast-growing industry. It offers a variety of jobs, as well as lucrative salary structures. There is a high demand for skilled workers, and it is expected that the number of oilfield services and equipment jobs will increase by 0.92 percent each month through 2021.
The oil field industry is a tight-knit community, so it’s not hard to find a job. But before you go out and land a job, it’s important to know what it’s all about. There are many different types of jobs to choose from, including drilling, exploration, production, refining, marketing, and transportation. You may find yourself working in a different city, or even over the seas.
Job descriptions
Those looking to start a career in oilfield services/equipment can choose from a variety of job descriptions. Some positions require only a high school diploma while others require more advanced mechanical skills. In addition, these jobs provide a high salary and versatile work areas.
Coiled tubing mechanics are specialized workers who perform welding, repair and replacement of coil components. These mechanics also perform soldering. Mechanics also perform repairs on pipeline pump station equipment.
Oilfield service specialists work with management on rigs to provide a full range of services. These specialists can be referred to as “rig medics,” “artificial lift specialists,” or “remote-operated vehicle pilot-technicians.” They are responsible for all technical jobs performed on oil wells. They may also install and maintain downhole treatment equipment, test samples, and recommend inhibitors.
Field Operators are responsible for ensuring that oil or natural gas production moves continuously from the wellhead to the downstream. They typically work eight 10-hour shifts. The duties of a field operator vary depending on the size of the field. The operator may also have responsibilities for managing storage units or water disposal.
The field operator may also have a role as a supervisor. The operator is responsible for managing a crew of workers on an oil rig. He or she is also responsible for safely operating heavy machinery in a variety of weather conditions. The operator may also have to deal with compressors, dehydrators, and water disposal systems.
The oilfield services/equipment industry is a rapidly growing industry. The industry is expected to see 12% growth in the next ten years. Oil and gas companies will need qualified talent to meet the increasing demand. Those interested in an oilfield career should take the time to find out more about the job description and job qualifications.
Those who want to start an oilfield career should consider applying for the following jobs: Field Operators, Equipment Operators, and Pipeline Technicians. Each of these positions requires a high school diploma and physical stamina. In addition, many operators pursue certifications.
Oilfield service/equipment jobs require a great deal of patience and problem-solving skills. The industry is constantly changing, so if you are interested in this career, you should be ready to meet the challenges that come with it.
Prospect For Oilfield Services/Equipment
The Oilfield Services Market is expected to grow at a CAGR of 5.90 percent from USD 258.60 Million in 2021 to USD 364.76 Million by 2028, according to a new market research report published by Vantage Market Research.
FAQs
Is Oilfield services/equipment a good career path?
An good career option is in oilfield equipment and services. Both the industry’s size and the rate of job growth within the oilfield services and equipment sector are growing.
Due to the nature of the work, there is always a need for employees to take the position of those quitting the company.
There are enough employment available for everyone ready to work hard and make a good income, so you shouldn’t be concerned about finding work in the business.
What is the average salary in oilfield services/equipment industry?
The average salary in the oilfield services/equipment industry is $85,000. This figure can vary depending on experience, education, and location. For example, those with more experience or who are located in areas with higher costs of living may earn more. Salaries also tend to be higher in larger companies and in managerial positions.
Conclusion
According to the BLS, the number of jobs in oilfield services and equipment is expected to grow by about 18% in the next decade. This is great news for those looking for a career in this industry!
Oilfield services and equipment companies are in high demand due to the growth of the oil and gas industry. There are many jobs available for those with the appropriate skillset.
-Oilfield service companies are looking for employees with experience in engineering, operations, accounting, and more.
-If you’re interested in a career in oilfield services or equipment, start by doing your research to find out which company is the best fit for you.
With the current state of the oilfield services/equipment industry, it is important for individuals living in impacted areas to be aware of the job opportunities that are available. Our research shows that there are a number of jobs available in this field, and we hope that this information will help residents connect with potential employers. We would like to remind our readers that although these positions may require relocation, the pay and benefits are typically worth it. Have you or anyone you know been affected by layoffs in the oilfield services/equipment industry? Please share your story in the comments below, and don’t forget to pass along this post to your friends and neighbors.
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