Oil

[Junior]

Why is it so hard to get into the Oil/Gas Industry? I was trying to move to Beaumont, but it seems to be very specific on the skills that they are looking for. Got my MS Systems from SMU but there seems to be little value to my SMU degree...

Duyduck, isn't MS systems an engineering degree? If so, I do know many oil companies will hire non petroleum engineers and send them to school to learn petroleum engineering. Here in the Permian Basin and the Eagleford for the most part, the growth is being fueled by companies that are known as, Mid-Majors. That would be, Devon, Pioneer, Apache, Laredo, Concho Resources, etc... These companies need landmen, geologist and engineers of all kinds. The service companies, Weatherford, Baker Hughes, Key Energy, etc.. are hiring engineers as well.
There was a period from the 80's oil bust to about the late 90's when very few college students were pursuing oil and gas related degrees? The industry basically lost or skipped a generation of geologist and engineers. Things have obviously changed within the last 10 years. Oil and gas related degrees are now very popular with college students and the industry is seeing a new generation being hired. The need is still there for engineers.
If you are serious about getting into the oil and gas industry, I would suggest you start by talking to the major, mid major and service companies about job and training opportunities. I have been in the oil and gas business over twenty years and my degree was in communicatios with a business minor.
If you decide to get into this business you need to be prepared to work long hours and on weekends when starting out. I do not exaggerate when I say there are people making 100K a year driving trucks! It is a crazy time in the oil field but the opportunity is there to succeed if you are willing to pay the price. I apologize for the lengthy reply.
Good luck

From an accounting standpoint, oil & gas is very different from most. Some of the accounting concepts you'll see, you won't see them in any other industry.

[Mustangsabu]

I work a lot as a landman and the accounting stuff is crazy and differs wildly from company to company and era to era.

[rodrod5]

engineering degree programs are expensive to start and operate and petroleum engineering degrees are very difficult to operate because of the cost of hiring and keeping faculty

also because of the up and down nature of the demand for the degrees

when things are good in the oil business PhDs can command salaries that pretty much any university would have difficulty matching and when things are bad you can hire all the faculty members you wish, but you have no demand for the graduates they produce because it is such a specialized branch of engineering

UH did not even have an undergrad PE program until just a few years ago they had a masters program in Chemical Engineering, but no undergrad

and the oil business will hire chemical engineers along with mechanical and electrical regularly and all of those degrees have more market value if the oil business struggles

SMU is strong in geology, earth sciences, and geophysics as well and that can easily lead to employment in the oil industry

[Digetydog]

One of my fraternity brothers was planning on going into the Oil Bid-ness. He majored in Geology and had no problem getting a job after graduation.

[smusic 00]

Was chatting with a buddy last night and he mentioned that he is desperately looking to hire ME and EE types and would love to find some young kids with that background. He works for a very large construction engineering company. Says ME and EE hard to find right now.

[coloradoStang]

Was chatting with a buddy last night and he mentioned that he is desperately looking to hire ME and EE types and would love to find some young kids with that background. He works for a very large construction engineering company. Says ME and EE hard to find right now.

any chance you could PM me the company name? Im a ME student looking for work. I'm currently just applying all over the place

[35straight]

Go to rigzone.com


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[35straight]

Halliburton, BakerHughes are two bigs that are always hiring. A lot of my friends have then jumped from the service side to the operator side.


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[smusic 00]

Was chatting with a buddy last night and he mentioned that he is desperately looking to hire ME and EE types and would love to find some young kids with that background. He works for a very large construction engineering company. Says ME and EE hard to find right now.

any chance you could PM me the company name? Im a ME student looking for work. I'm currently just applying all over the place

When I get back to my computer I'll shoot you the contact info.

[RednBlue11]

You can get into drilling or wells with a mechanical degree, or into any type of discipline engineering. Slightly less pay but still awesome.
The big oil companies only recruit at the giant state schools though...this is the main problem.

they will take anyone with a degree, living proof....history major, running the technical group in Texas for the largest Coiled tubing company in the US

[Pony ^]

In oil, it's about the hands you shake not the grades you make. All about connections

[35straight]

Very narrow assessment of the industry. Kind of like how outsiders view SMU. Oil/Gas is full of smart, good, and trustworthy people, not just good ol'boys.


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[lwjr]

If you say that about the Oil industry then you have to say that about any industry.
Knowing people does help in some instances but still have to prove yourself.

[RednBlue11]

Very narrow assessment of the industry. Kind of like how outsiders view SMU. Oil/Gas is full of smart, good, and trustworthy people, not just good ol'boys.


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the good ole boys have those qualities too!

[RednBlue11]

In oil, it's about the hands you shake not the grades you make. All about connections

it is, without a doubt, a relationship driven business.