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Petroleum Engineers

Reservoir Engineer, Petroleum Engineer, Drilling Engineer, Petroleum Production Engineer, Operations Engineer, Completions Engineer

Average Salary: Entry level--$60,150 Experienced--$165,640

Education/Training Required: Bachelor's Degree

Energy Industries: Gas

Responsibilities

Petroleum Engineers devise methods to improve oil and gas extraction and production and determine the need for new or modified tool designs. They oversee drilling and offer technical advice.  ·        

  • Assess costs and estimate the production capabilities of oil and gas wells to evaluate the economic viability of potential drilling sites.
  • Develop plans for oil and gas field drilling,and for product recovery and treatment.
  • Direct and monitor the completion and evaluation of wells, well testing, or well surveys.
  • Analyze data to recommend placement of wells and supplementary processes to enhance production.
  • Monitor production rates, and plan rework processes to improve production.
  • Interpret drilling and testing information for personnel.
  • Specify and supervise well modification and stimulation programs to maximize oil and gas recovery.
  • Confer with scientific, engineering, and technical personnel to resolve design, research, testing and operating issues. ·           

Critical Knowledge ·        

  • Engineering and Technology - Practical application of engineering science and technology principles to the design and production of goods and services. ·         
  • Mathematics - Arithmetic, algebra, geometry, calculus, statistics, and their applications. ·         
  • Physics - Knowledge and prediction of physical principles, laws, their interrelationships, and applications to understanding fluid, material, and atmospheric dynamics, and mechanical, electrical, atomic and sub-atomic structures and processes. ·         
  • Chemistry - Composition, structure, and properties of substances and of the chemical processes and transformations that they undergo. This includes uses of chemicals and their interactions, danger signs, production techniques, and disposal methods. ·         
  • Administration and Management - Business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership techniques, and production methods. ·         
  • Economic sand Accounting - Economic and financial principles and practices, for example, to judge well site profitability.        

Tools and Technologies Used·        

  • Laptop, notebook computers ·         
  • Analytic or scientific software: Computer modeling, Well Flow Dynamics, Engineering formulas
  • Financial analysis and Project management software    

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