The oilfield services and equipment industry offers a wide variety of jobs for individuals interested in working outdoors. These positions can range from drilling deep holes to roughnecking in harsh environments. The number of available positions is as varied as the skills and equipment you have. To learn more, read on!
Job outlook for oilfield services/equipment sector
According to the Energy Workforce & Technology Council, the U.S. oilfield services/equipment sector added 8,421 new jobs in January. From March to August, the sector shed nearly 100,000 jobs, but gained back 21,000 jobs over the last five months. The report says that the sector’s employment is projected to increase by 2.9% per year through 2021.
Although the oilfield services/equipment sector has shed jobs in recent months, it’s still expected to add nearly 70,000 jobs by 2022. However, one key headwind is inflation. Industry analysts are projecting a 3.9% increase in revenue from 2017 to 2022, but EBITDA margins will decline to 12% over the same period. This is largely because OFS costs are rising due to inflation, which will only partially pass through to E&P clients.
Global demand for natural gas and oil is expected to boost the oilfield services sector. Global energy demand is a major driver for this sector, and it’s expected to continue growing throughout the forecast period. This growth will be driven by factors such as increasing investments in deep water drilling and subsea oil and gas assets.
The oilfield services/equipment sector is a large, integrated industry. It provides a wide range of services and represents a lucrative global market. These services and equipment include land and offshore drilling rigs, power systems, and cement equipment. Additionally, they provide services related to locating and developing energy resources, as well as formation and drilling evaluation. In addition, these services require skilled engineers to ensure smooth operations.
The oil and gas sector is becoming more competitive in North America. As oil and gas production costs decrease, the number of oilfield services providers will grow. Major players like Schlumberger Limited and Halliburton Company are increasing their market share. Other firms such as Baker Hughes and hydratight are entering the industry.
The oil and gas industry is expected to create 1.9 million new jobs by 2035. This industry requires many workers with different skills and backgrounds.
For a job in oilfield services and equipment, you may need to have a wide range of skills. For example, you may need to operate equipment to increase the flow of oil or remove obstructions. Some jobs require a specific skill set or may require an apprenticeship. For example, rigging systems require skilled technicians who operate equipment such as shackles and master links. Other tasks may include operating forklifts, overhead cranes, and platform lifts. General rig maintenance may also include using electronic detectors or visual inspections.
The oilfield services/equipment sector is an integral part of the global economy, providing technology and expertise to world-class oil companies. These companies work in remote locations, often in harsh conditions, and deliver cutting-edge engineering and logistical innovations to make their customers’ operations more sustainable.
Engineers must possess exceptional computer and math skills, as well as be able to analyze data and make accurate decisions. Many oil and gas jobs require engineers to have a Bachelor’s degree, but every position has its own unique skills and education requirements. There is no single standard path to become an oilfield engineer, though, as the industry is constantly changing.
Operators of oilfield equipment need at least a high school diploma and some experience with heavy equipment. Many oilfield equipment operators also pursue certifications to distinguish themselves from others. Many oilfield service providers offer on-the-job training for new operators. The job requires physical stamina, leadership qualities, communication skills, and good judgment in high-pressure situations.
Oilfield mechanics perform repairs on heavy equipment and trucks. They change oil, inspect mechanical systems, and repair other mechanical problems. They also ensure safety standards. They also work with engineers to ensure that oilfield equipment meets their requirements. They often help oil drillers by conducting inspections, fixing damaged equipment, and reshaping structures.
Operators of oilfield heavy equipment set up heavy machinery on oil rigs. They also monitor safety systems and oversee the crew on the rig. They may also enforce environmental safety regulations. Operators may live on oil rigs for weeks at a time. They also monitor gauges and valves, and help prevent accidents or spills caused by faulty equipment.
Entry-level positions in oilfield services/ equipment require various skills and experience. The work involves a large amount of manual labor and requires physical fitness. Moreover, oilfield employees need to be medically fit to operate heavy equipment. In addition, they must be able to work long hours. They must also be 18 years of age and possess a valid driver’s license. There are also a variety of oilfield-specific training courses available that will give them an advantage.
The salary for entry-level positions in oilfield services/equipment is decent and there are plenty of opportunities for advancement. This field also offers a dynamic working environment, which is great for people who want to be on the cutting-edge of technology. As one of the largest oil corporations in the world, oilfield services/equipment offers great job opportunities.
Oil field recruiters are still interested in hardworking, good-headed individuals. For this reason, they prefer direct applications to posting jobs on job boards. Some entry-level oilfield positions involve working on a drilling rig. Floormen perform manual labor tasks and assist derrickmen with mud mixing duties.
One of the best ways to get a job in the oilfield industry is to network. Ask friends and family who might know someone who works in the industry. These individuals might be able to recommend you to a company. It also helps to submit your resume online.
As an entry-level oilfield job, floorhands will do a variety of tasks, including cleaning oil rig equipment, removing hazards from the deck, and stripping rust from heavy equipment. A floorhand’s responsibilities also include reporting upcoming maintenance tasks to a supervisor. Besides that, floorhands will complete inspections and service requests for heavy equipment.
If you’ve completed high school or college, oil field jobs can be found in large oil producing areas of Texas. For example, the Spraberry Trend oil field in East Texas yields millions of barrels of oil and spreads over 2,500 square miles. There are hundreds of oil companies in Texas offering a variety of positions. These companies are not only looking for individuals who can dig wells and extract crude oil, but also those who can work in back office operations and back office accounting.