Oil and Gas production is one of the leading sectors across the globe. After all, this sector provides the energy that is needed to run today’s world. Naturally, the industry provides a lot of jobs for those who want to start a career in the field. And that’s why so many want to know how many jobs are available in oil & gas production.
In this article, we will talk about the extent of opportunities available in the field. So, if you are looking to start a career in the field, you are at the right place.
One great thing about this industry is that there is a variety of jobs available. There are advanced roles as well as entry-level roles available for those who do not have the high-level skills needed.
But before that, let’s take a look at what this industry entails.
What Does the Oil & Gas Production Industry Entail?
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Oil & Gas production is one of the major industries in the energy market. In fact, it is an industry that plays an influential role in the country’s economy. As a result, they are always on the lookout for dedicated professionals who can provide great results.
In terms of growth, the market size of the oil & gas production industry was expected to increase by 80% in 2022. In fact, the market size of the Oil & Gas production industry stood at $812 billion.
So, in terms of growth, the industry is growing despite the recent hiccups. And during the period between 2017 and 2022, the industry saw a whopping 21% annual growth.
Naturally, this is an industry that is always looking for dedicated professionals. In addition to that, there are lots of high-paying jobs available in the industry.
So, do you think you have the skills to start a career in oil and gas production? If you do, you are at the right place to know how many jobs are available in oil & gas production.
How Many Jobs Are Available in Oil & Gas Production?
Oil & Gas production is one of the largest industries in the USA. In fact, it supports around 10 million jobs in the United States. These many jobs mean that there is a wide variety of jobs available.
Here are some statistics that further elaborate on the job opportunities that this vast industry provides.
- Just in 2021, the industry employed around 113,000 people in the United States.
- The industry supports a massive 5.6% of all US employment.
- The number of jobs this industry supports is projected to reach 3.9 million by the year 2025.
In addition to that, there are thousands of jobs that the oil and gas industry indirectly supports in the United States.
Now that you know the huge number of people that the industry employs in the United States let’s move on to the most common jobs on offer in the field. Remember, this is an industry that provides a mix of jobs that need advanced degrees and entry-level jobs.
Let’s take a look at a few from both groups.
Top Jobs in Oil & Gas Production
Every industry has jobs that are easy to land. At the same time, there are jobs that require you to have advanced degrees. Luckily, the oil & gas production industry has a nice mix of both. So, there are jobs available for a diverse group of people. Let’s take a look at the most common and high-paying jobs in the industry.
1. Petroleum Engineer
This is among the best-paying jobs in the oil and gas production industry. This role sees around 1,700 job openings every year. In fact, the employment of petroleum engineers is predicted to grow by 8% in the period between 2021 and 2031. The annual average salary in this role in the United States stands at $130,850.
Around 2,500 job openings are predicted for the role of Geologists every year. In the period between 2021 and 2031, employment in this role is expected to grow at 5%. On average, Geologists in the United States earn around $83,000 per annum. This role also ranks among the highest-paying jobs in the industry.
3. Drilling Engineers
Currently, there are around 6,000 drilling engineers employed in the United States. On average, this role can earn you $102,000 per annum in the United States. The state of California offers the most job openings in this role. That’s the place to be when looking for how many jobs are available in oil & gas production.
As you can see, high-paying jobs in the industry are also quite common. Top companies in the industry are always looking for dedicated professionals to join their ranks. Now, let’s briefly examine the skills you need for a career in the industry.
Skills Required for a Career in this Industry
Problem-solving and strong analytical skills rank as the top skills needed for a career in the industry. Owing to the working conditions, one also needs to be adaptable in order to excel in the field. In some advanced roles, you also need to have in-depth knowledge of petroleum, mechanical or civil engineering.
Apart from that, some roles in the industry also need you to have strong communication skills. As you can see, one requires the right mix of skills to be able to do well in this industry. But the best thing about a career in the field is that you can land an entry-level job and learn as you work in the industry.
Now that you have read this far, do you want to start a career in the field? After looking at how many jobs are available in oil & gas production, did you find roles that suit your skill set? If you did, now’s the time to update your resume, write an engaging cover letter, and start applying.
We hope you found this article helpful. We’d love to see you find your way into this field and build a lucrative career that can earn you a six-figure salary.
Wishing you a happy job hunting!