Petroleum Engineer highest paid starting salary
- Thread starter ZZman
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Excellent!
Glad to see that someone who worked hard is getting both rewarded for their setting a goal and achieving it plus a career.
Hope more people have success.
Bill
Glad to see that someone who worked hard is getting both rewarded for their setting a goal and achieving it plus a career.
Hope more people have success.
Bill
JHZR2
Staff member
Chemical/petrochemical has been the hardest, and highest paying for as long as I recall.
Several of the Petroleum Engineers I've known spent most of their early careers in steaming tropical jungles, hot arid deserts, or subfreezing arctic environments, absent from their families, and accompanied by armed bodyguards to prevent their demise (or worse if female).
Like all persons employed in the natural/earth sciences, I admire their endeavors.
Like all persons employed in the natural/earth sciences, I admire their endeavors.
I don't believe Monster for a second. No one can say for sure what anyone makes. It all depends on the student who eventually becomes an employee.
Many that have NO college degree at all have earned more than those with college degrees in the past. Unfortunately, that is changing due to high taxation, government regulations and the "save the planet" hoax.
For a long time "salespeople" earned more than most did if they were good at it. I knew of a car salesman that made $300,000 a year a long time ago.
Constantly picking on the oil industry is what "drones" do since they can only repeat what they hear on the "news". For years candy and electronics showed the highest profits and there are MANY software engineers that are multi-millionaires. Just as their are lawyers and doctors tht are multi-millionaires.
To see just how out of wack everything is just look at the money those in the entertainment industry earn just for playing "make believe". Then of course, we have the highly paid sports figures who get paid obscene amounts of money for swinging a stick at a ball or throwing one around on a football field.
Yet, the only people some pay attention to are those in the energy industry because THAT is what the media wants them to focus on. How about the huge taxpayer funded profits of those in the "green energy" field?
Many that have NO college degree at all have earned more than those with college degrees in the past. Unfortunately, that is changing due to high taxation, government regulations and the "save the planet" hoax.
For a long time "salespeople" earned more than most did if they were good at it. I knew of a car salesman that made $300,000 a year a long time ago.
Constantly picking on the oil industry is what "drones" do since they can only repeat what they hear on the "news". For years candy and electronics showed the highest profits and there are MANY software engineers that are multi-millionaires. Just as their are lawyers and doctors tht are multi-millionaires.
To see just how out of wack everything is just look at the money those in the entertainment industry earn just for playing "make believe". Then of course, we have the highly paid sports figures who get paid obscene amounts of money for swinging a stick at a ball or throwing one around on a football field.
Yet, the only people some pay attention to are those in the energy industry because THAT is what the media wants them to focus on. How about the huge taxpayer funded profits of those in the "green energy" field?
Originally Posted By: ZZman
Imagine that......
http://career-advice.comcast.monster.com...mc_n=comcast802
and...???
In engineering, the position is generally paid on the level of talent that is required to pull the gig off, and the breadth of knowledge, experience, and ability that is required ... the more regularly you are called on to make instant decisions that can affect billions of dollars of plant, and maybe peoples health, or live, the more you are worth.
Also, a lot of these high paying jobs tend to be in the suckiest locations...I've been offered $300k to go work in natural gas, in a mining region...a town manufactured for iron ore mining, and NG extraction. It's a wasteland, with no other town for 600 miles by road, and thousands from the nearest capital...they pay scaffolders/rigger $80k, while they are lucky to crack $40k for a 70 hour week.
Imagine that......
http://career-advice.comcast.monster.com...mc_n=comcast802
and...???
In engineering, the position is generally paid on the level of talent that is required to pull the gig off, and the breadth of knowledge, experience, and ability that is required ... the more regularly you are called on to make instant decisions that can affect billions of dollars of plant, and maybe peoples health, or live, the more you are worth.
Also, a lot of these high paying jobs tend to be in the suckiest locations...I've been offered $300k to go work in natural gas, in a mining region...a town manufactured for iron ore mining, and NG extraction. It's a wasteland, with no other town for 600 miles by road, and thousands from the nearest capital...they pay scaffolders/rigger $80k, while they are lucky to crack $40k for a 70 hour week.
Pay is good in capital intense industries and the oil industry is the most capital intensive industry of all. They'll pay what it takes to keep the plant going because downtime is unacceptable.
I've got a friend of mine who worked for Halliburton. He knew a guy who didn't even have a college degree. He was just sharp as a tack and through working in the field came up with a few VERY good ideas on how to "frac" better. Halliburton was paying him around $110,000 a year.
After a few years of trying to hire him Exxon/Mobil finally hired him away from Halliburton for over $400,000 a year which REALLY [censored] Halliburton off. I could only imagine what that guy could make with an engineering degree on top of his "knack" for just plain being able to figure things out.
On the other hand I recently met a guy who worked for Halliburton and he actually HAD an degree in chemical engineering. He was making LESS than those that had no degree at all but just had more time in at the company.
After a few years of trying to hire him Exxon/Mobil finally hired him away from Halliburton for over $400,000 a year which REALLY [censored] Halliburton off. I could only imagine what that guy could make with an engineering degree on top of his "knack" for just plain being able to figure things out.
On the other hand I recently met a guy who worked for Halliburton and he actually HAD an degree in chemical engineering. He was making LESS than those that had no degree at all but just had more time in at the company.
Originally Posted By: Hallmark
Several of the Petroleum Engineers I've known spent most of their early careers in steaming tropical jungles, hot arid deserts, or subfreezing arctic environments, absent from their families, and accompanied by armed bodyguards to prevent their demise (or worse if female).
Like all persons employed in the natural/earth sciences, I admire their endeavors.
Precisely, Hallmark. It's easy to sit back and complain that someone makes more money than you do because they did what they were supposed to do in their late teens and early twenties while the complainers were partying and whoopin' it up.
I've seen first hand what the conditions are like out in the NG fields in Wyoming and there are far worse places to be sent to work in the energy industry than Wyoming.
Letting some overpayed propagandist who gets paid $15 million a year tell you that someone who actually DOES something relevant to the well being of the economy is overpayed is laughable. It's pathetic when you actually BELIEVE it.
Especially when the overpayed "talking head" has never been outside of a warm/air-conditioned office or indoctrination center.
Several of the Petroleum Engineers I've known spent most of their early careers in steaming tropical jungles, hot arid deserts, or subfreezing arctic environments, absent from their families, and accompanied by armed bodyguards to prevent their demise (or worse if female).
Like all persons employed in the natural/earth sciences, I admire their endeavors.
Precisely, Hallmark. It's easy to sit back and complain that someone makes more money than you do because they did what they were supposed to do in their late teens and early twenties while the complainers were partying and whoopin' it up.
I've seen first hand what the conditions are like out in the NG fields in Wyoming and there are far worse places to be sent to work in the energy industry than Wyoming.
Letting some overpayed propagandist who gets paid $15 million a year tell you that someone who actually DOES something relevant to the well being of the economy is overpayed is laughable. It's pathetic when you actually BELIEVE it.
Especially when the overpayed "talking head" has never been outside of a warm/air-conditioned office or indoctrination center.
I asked an associate the other day to help prepare a proposal. This is omething I do as an engineer 3 levels down. THis person could not even prepare a proposal to win some work. He/She probably gets paid twice as much as me but struggled through it and I had to rework it.
I think pay is pretty poorly correlated to performance for the most part. you can spend your life working your way up if you are competent, but come one day they will jsut hire someone and pay the big bucks and at higher levels just because they needed a spot filled.
in my industry you have to jump companies to get better pay, at one place, they will never give you similar pay increases.
I think pay is pretty poorly correlated to performance for the most part. you can spend your life working your way up if you are competent, but come one day they will jsut hire someone and pay the big bucks and at higher levels just because they needed a spot filled.
in my industry you have to jump companies to get better pay, at one place, they will never give you similar pay increases.
I interviewed for an entry-level engineering position at a petro company. They claimed most new hires can't handle the amount of information and math that gets thrown at them and they have a somewhat high turnover rate.
Not only the math but the hours and the responsibility are rough . They sort out the good ones quickly but if you can do the job the money and the promotions are there .
Originally Posted By: crinkles
I asked an associate the other day to help prepare a proposal. This is omething I do as an engineer 3 levels down. THis person could not even prepare a proposal to win some work. He/She probably gets paid twice as much as me but struggled through it and I had to rework it.
Most engineers aren't great writers lol.
I asked an associate the other day to help prepare a proposal. This is omething I do as an engineer 3 levels down. THis person could not even prepare a proposal to win some work. He/She probably gets paid twice as much as me but struggled through it and I had to rework it.
Most engineers aren't great writers lol.
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