Most of the best-paying jobs in integrated oil companies are undoubtedly the highest-paying jobs accessible to people all over the world.
The oil and gas industry does not function alone, rather they work simultaneously with other fields such as the finance, economics, and engineering sector.
Integrated oil companies offer a variety of opportunities and lots of other added advantages such as travel allowance, feeding, insurance, payment on leave, etc.
This article will consist of the highest paying jobs in integrated oil companies, how many jobs are available in this career path, and if it is a good career path.
What Are Integrated Oil And Gas Companies?
These are oil companies that are involved in the entire value chain of the oil business from oil exploration and production (upstream) to transport, refining, and marketing (downstream).
Integrated oil companies are in contrast with other companies that engage in only one segment of the oil business.
The world’s largest oil companies such as Chevron and ExxonMobil are integrated.
What Do Integrated Oil And Gas Companies Do?
They are in charge of refining crude oil to produce fuel and chemicals that people can use. The integrated oil and gas companies obtain the needful oil and gas raw material such as crude oil.
They now separate them using different processes to produce gasoline, diesel fuel, jet fuel, heating oil, and others.
Some of these products can also be used to produce other useful products. Crude oil and natural gas liquids can be used to produce chemicals for plastics manufacturing and pharmaceuticals.
How Many Jobs Are Available In The Integrated Oil And Gas Companies?
The number of jobs available in integrated oil companies can vary and is dependent on the company’s size, location, and what they need at that time.
There are many jobs available in this field ranging from entry-level positions to high-level executive positions. But the most available positions are in engineering, geology, and other related science fields.
In most simple terms, the Industry supports 9.8 million jobs or 5.6 percent of total U.S. employment, according to PwC.
Therefore, the number of jobs available in integrated oil companies is quite high, and there are typically a variety of positions available.
Is Integrated Oil And Gas A Good Career Path?
Yes, it is a good career path if you want to be among the professionals that directly or indirectly work with the production, distribution, and extraction of oil and gas .
A career in integrated oil and gas is a wise choice for everyone because it is one of such professions where employment opportunities are plentiful and entry into the industry is simple.
The opportunities for youths and professionals are endless because the extraction and production of oil involve a long chain of processes.
Best Paying Jobs In Integrated Oil And Gas
Although there are many jobs available in this field, the best-paying jobs no doubt require higher education. If you have a degree, the jobs you get will be less labor-intensive and will require critical thinking.
Understanding these factors can help you in choosing the best career path for you. Below are the best-paying jobs in integrated oil companies, the average salary a year, and their duties;
Petroleum Engineer
They use efficient technology and techniques to focus on the best way to extract oil from the ground. They consider if those techniques are effective enough before they are used.
Some also monitor equipment used in fields to make sure they are used properly with the right calibration and condition.
They are paid an average of $98,627 a year.
Account Manager
They are in charge of reviewing the company’s account, performing account analysis, giving recommendations, and advising the company on the best ways to improve sales.
They maintain relationships with key clients and as such act as the face of the company. They also lead teams that comprise other fields and other project managers to better the sales of the company.
They are paid an average of $60,255 a year.
Petroleum Geologist
This is another one of the best-paying jobs in integrated oil companies. A petroleum geologist is responsible for discovering where gas deposits are beneath the earth’s surface.
They also research to find out the best company that can handle the extraction and the best process and equipment for the extraction process.
To become a qualified petroleum geologist, you need a strong understanding of geology. They are paid an estimated average salary of $111,361 annually.
Lease Operators
This is one of the highest-paying jobs in integrated oil companies and they are responsible for the operation of oil and gas.
Lease operators are in charge of monitoring equipment to ensure that it’s running properly and making sure that it’s maintained in good working order.
They are paid an average salary of $64,938 a year.
Pipeline Construction Manager
They are in charge of maintaining and assessing all of the wells that the company has drilled and set up. They are also responsible for ensuring that the company’s safety measures are followed.
They are paid an average salary of $147,404 a year.
Geoscientist
They are in charge of studying the earth’s surface and its materials, the processes that form rocks and minerals, and the history of the earth’s surface.
They now use these processes and knowledge to discover the best place deposits can be discovered. They are paid an average of $58,917 a year.
Drilling Engineer
This is another one of the best-paying jobs in integrated il companies. A drilling engineer oversees the planning and operation of drilling oil and gas.
They are in charge of designing, testing, supervising, managing, and executing the entire drilling process. They earn an average of $146,077 a year.
Process Engineer
They are responsible for all the processing parts of the company. They are in charge of refining the process of manufacturing.
They require knowledge of numerous techniques for the manufacturing process in the oil and gas industry. They are paid an average of $73,415 a year.
Mechanical Engineers
Although mechanical engineers are not specific to the oil and gas industry, they are still needed because they produce more efficient, reliable, and safer machinery that benefits the oil and gas industry.
They are in charge of designing, creating, and maintaining machinery, especially heavy-duty equipment. They are paid an average estimated salary of $90,171 a year.
Oil Hauler
The last on my list of the best-paying jobs in integrated oil companies is the oil hauler. The oil hauler transports extracted oil to refineries for processing.
This job is for you if you love traveling around the globe. The pay is high because it involves the transportation of combustible materials.
Oil Haulers are paid an average of $73,778 per year.
Also, read HOW MANY JOBS ARE AVAILABLE IN MAJOR CHEMICALS
Common Skills Required In The Integrated Oil And Gas Industry
To be successful in an integrated oil and gas company, you need a combination of skills and talents. Some of the major skills are;
Leadership Skills
During the course of your employment, you may be required to manage a project with people of different diversity.
Therefore you need leadership skills to be able to oversee projects without being overwhelmed.
A Mind For Critical Thinking
To be successful in this field, you need to be able to think strategically. In other words, you need to have a clear understanding of how the company and its components work.
Adaptability
You must be able to adapt to any kind of weather and environmental condition to be able to succeed in this industry.
Communication Skills
One of the most crucial skills that are beneficial to employees in any industry is communication. You must be able to freely communicate with colleagues, superiors, or clients.
Knowledge Of Technology
Technology is now taking over the world and the integrated oil company is not an exemption. Most of the tools, equipment, and process of oil and gas drilling revolves around technology.
Therefore you must have knowledge of basic technology.
FAQ
Below are some of the frequently asked questions on the highest-paying jobs in integrated oil companies and answers to them;
What Is The Highest Paying Oil Field Job?
The highest-paying oil field job is a pipeline construction engineer. They are paid an average salary of $147,404 a year.
What Are The Best Oil Field Companies?
Below is the list of the best oil field companies;
- Shell
- ExxonMobil
- Chevron
- Haliburton
- Bp
- Schlumberger
- Saudi Aramco
- Total
- BHGE
- Abu Dhabi National Oil Company
Which Country Is Best For Oil And Gas Jobs?
China is by far the leading employer of people working within the oil and gas industry.
Which City Produces The Most Oil?
The city that produces the most oil is mostly referred to as Tulsa and Oklahoma because they are known as the oil capital of the world.
Wrapping Up
Working in integrated oil and gas companies is no doubt one of the best choices. But you can only be successful if you are dedicated or passionate about your job.
This article on the best-paying jobs in integrated oil companies has reduced some confusion regarding this path that you may have.
The ball is now in your court to research more and decide if this is the right path for you.
