Help Wanted! College Students and Grads Needed for Oil and Gas Industry Jobs
Oil Companies Recruiting on College Campuses
For years it has been a trend for college students to study computer science. Those jobs are certainly still in demand, but some students have learned that geoscience has serious potential as well.
Oil and gas companies – large and small – have started to recruit from U.S. colleges and universities in a big way lately because demand far outstrips supply. They’re looking for new graduates and a large number of summer interns.
Oil Workers In Demand
A combination of the following factors has employers scrambling:
- An aging work force is one major reason why oil companies are in a pinch for workers. Back in the 1980s, the oil industry was in a funk and very little hiring occurred. One major study reported recently that the average worker is 49 years of age and that half of the current workforce will need to be replaced in the coming 10 years.
- The supply of workers educated in the geosciences isn’t what it needs to be. There are far more positions than educated applicants.
- The petroleum industry is absolutely booming. If you’ve been reading the newspapers, then you know that the oil and gas companies have plenty of money. They can spend some of it on recruiting and salaries for smart people who use science and technology to locate more oil. Need a job? Definitely consider the oil and gas industry.
Students have found that they can land jobs out of college paying $60,000 to $75,000 per year with oil companies. One recent study showed that the average job offer made last fall to undergraduate petroleum engineers was in the neighborhood of $70,000, and the highest of any categories in National Association of Colleges and Employers’s survey. Starting pay for geologists is lower but still excellent.
It used to be the norm that without a Master’s degree in the geosciences you would have a tough time finding quality, high paying oil and gas jobs. But beggars can’t be choosers, as they say , meaning that employers are more willing now to hire undergraduates and train them. In a sharp parallel to the computer science arena, U.S. universities simply aren’t churning out enough people with a Master’s level education in the geosciences.
A great many colleges and universities have educational programs for petroleum engineers and geologists, which had been weak fields in recent years. Enrollment is definitely up from what it was ten years ago.
Looking for a quality, well-known geoscience programs? Check out the University of Texas, Massachusetts Institute of Technology, and Colorado School of Mines
If you happen to get a job offer, then be sure to negotiate wages smartly. Some companies have been known to give signing bonuses to the right candidates.