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Students rushing to careers in petroleum industry
San Antonio Express News ^ | August 6, 2012 | Vicki Vaughan

Posted on 08/06/2012 4:42:48 AM PDT by Cincinatus' Wife

Just three years ago, petroleum engineering wasn't an especially hot major for college students looking to enter a field with plentiful jobs.

How things have changed.

Today, the oil patch and active drilling in the Eagle Ford Shale is convincing more students that a job in the energy field is the way to go, experts said.

A recent study of 60,000 college students, including 2,400 in Texas, by Universum, a Stockholm-based company, found that students view jobs at oil and gas companies as much more desirable than even a year ago.

Top salaries paid by energy companies are making energy jobs a hot ticket on college campuses.

The average salary for spring graduates in petroleum engineering at Texas A&M University was $87,743 a year. The maximum salary offered was $113,000 a year.

“Every oil company listed in our survey — all the top ones — increased in their attractiveness to students last year,” said Vicki Lynn, senior vice president of employer branding at Universum's U.S. headquarters in New York.

Oil and gas jobs in Texas, specifically, are seen as more attractive to students.

[snip]

There's also an uptick in hiring by the oil and gas industry in mechanical, electrical and chemical engineering departments, [Tadeusz Patzek] said.

Although UT Austin had sought to limit enrollment in its Petroleum and Geosystems Engineering Department, the school decided to admit more in the face of so much demand.

In 2012, Patzek said the university's petroleum engineering department sought 80 students, admitted 111 and rejected about 700 applicants.

(Excerpt) Read more at mysanantonio.com ...


TOPICS: Business/Economy; Culture/Society; Extended News; Front Page News; News/Current Events
KEYWORDS: 2012; drillheredrillnow; economy; energy; fracking; fubo; gas; jobs; oil

1 posted on 08/06/2012 4:42:58 AM PDT by Cincinatus' Wife
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To: Cincinatus' Wife
It's such a diverse field with nationwide opportunities.

Have unions "ruined" this industry yet?

2 posted on 08/06/2012 4:45:49 AM PDT by Sacajaweau
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To: Cincinatus' Wife

The average salary for spring graduates in petroleum engineering at Texas A&M University was $87,743 a year. The maximum salary offered was $113,000 a year.

BTTT


3 posted on 08/06/2012 4:47:44 AM PDT by thackney (life is fragile, handle with prayer)
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To: thackney

Good news.


4 posted on 08/06/2012 4:49:52 AM PDT by Eric in the Ozarks (I didn't post this. Someone else did.)
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To: Sacajaweau
Have unions "ruined" this industry yet?

Obama's EPA no-holds barred oversight and oppressive regulations are doing their best to snuff out cheap energy and U.S. energy independence.

5 posted on 08/06/2012 4:57:55 AM PDT by Cincinatus' Wife
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To: Eric in the Ozarks
"Good news."

Not necessarily. The petroleum industry is very prone to "boom/bust" cycles, including those induced by fedgov eco-interference. If these kids can land that high-paying job....great.....but they need to live as though they can lose it tomorrow (get and stay debt free, build up a six-month cash reserve....etc).

6 posted on 08/06/2012 5:02:02 AM PDT by Wonder Warthog
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To: thackney

“The average salary for spring graduates in petroleum engineering at Texas A&M University was $87,743 a year. The maximum salary offered was $113,000 a year.”

The problem is that the kids have to stop trying to SAVE THE WORLD (in other words, put down their video games) for a few and crack a book or two.

Not too many takers these days.


7 posted on 08/06/2012 5:11:49 AM PDT by BobL (Cruz'd to Victory - July 31, 2012)
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To: Cincinatus' Wife
Petroleum Engineering is definitely boom or bust. I got into Petroleum Engineering at Mississippi State in 1981 because the average graduate was earning $30,000/yr. and graduates were getting an average of 8 job offers.

I managed to get onto a Production Platform for Mobil Oil for two summers, and that pretty much paid my way thru college. However, by the time I graduated in 1985, I was lucky to get a clean-painter job on a drilling rig. In 1986, I got laid off from that and haven't been in the oilfield since.

Now, if some oil company is willing to hire an old, broken-down Highway/Geotechnical Engineer for $87,000-$113,000, I'll be more than willing to re-locate. {8^D

Point is, the Petroleum Engineering is more subject to the whims of economics and politics than other Technical fields. A prospective Petroleum Engineering student entering college needs to have a passion for the Oil Patch, and is willing to stick it out during the dry times as well.

8 posted on 08/06/2012 5:19:25 AM PDT by MuttTheHoople (Obama does not have the work ethic to be Anti-Christ.)
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To: MuttTheHoople

I believe you could start your search in North Dakota, Pennsylvania and Texas.

http://oilshalegas.com/bakkenshale.html

http://geology.com/articles/marcellus-shale.shtml

http://oilshalegas.com/eaglefordshale.html


9 posted on 08/06/2012 5:34:09 AM PDT by Cincinatus' Wife
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To: MuttTheHoople
I am very happy to see all the a students in the petroleum field, but what I am eeing right now with an influx or petroleum journalists. Young leftists against fracking, oil, gas, offshore,etc, etc.

This can do with less of their political crap.

10 posted on 08/06/2012 5:35:08 AM PDT by Recon Dad (Gas & Petroleum Junkie)
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To: MuttTheHoople

I’ve been at it since the mid 70’s and yep it’s got it’s ups and downs but I was never out of work. Hell I’m trying to retire now and they won’t let me, it’s always one more project. I’ve got a standing offer for 2,000 a day if I’d just move to Williston ND but that ain’t gonna happen. Four rigs running at the same time keeps a man plenty busy and I’m just to old for that anymore. Plus it’s colder than hell up there, did some work for ARCO back in the 80’s south of Williston and damn near froze to death. My feet are now planted in West Texas and they ain’t moving.


11 posted on 08/06/2012 5:49:22 AM PDT by Dusty Road
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To: Recon Dad
This can do with less of their political crap.

Like the Society of Environmental Journalists - Your source for environment, energy, science, health and climate reporting.

"Vision

Credible and robust journalism that informs and engages society on environmental issues.

Mission

The mission of the Society of Environmental Journalists is to strengthen the quality, reach and viability of journalism across all media to advance public understanding of environmental issues.

SEJ provides critical support to journalists of all media in their efforts to cover complex issues of the environment responsibly. Through combined efforts of board, staff, members, and appropriate partners, SEJ offers unique educational programs and services for working journalists, educators, and students, including annual and regional conferences; daily EJToday news service; quarterly SEJournal; biweekly TipSheet and other publications; FOI WatchDog project; SEJ Awards for Reporting on the Environment; members-only listservs; mentoring program; website-based resources; and a lively membership network of journalists and academics.

SEJ also acts to raise awareness among philanthropists, editors, news managers, publishers, and other key decision-makers in the media on the value and importance of environmental news reporting.

Objectives

All programs and services of the Society of Environmental Journalists are designed by journalists to address the following objectives:

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► to increase use of information resources, training, and educational events that are already available to journalists and editors who may be covering the environment;

► and to foster the creation of important new information resources and training opportunities."

12 posted on 08/06/2012 5:51:55 AM PDT by Cincinatus' Wife
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To: Wonder Warthog

Good advice for anyone in any industry.
My regret is my first eight post college working years were outside the energy biz.


13 posted on 08/06/2012 6:05:46 AM PDT by Eric in the Ozarks (I didn't post this. Someone else did.)
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To: Cincinatus' Wife

And for those not interested in a college degree or a desk job...

Texas oil boom fueling trucker bonuses propels Odessa
http://fuelfix.com/blog/2012/08/06/texas-oil-boom-fueling-trucker-bonuses-propels-odessa/

Truckers can get $5,000 signing bonuses from companies serving Odessa, the West Texas center of a new Lone Star State oil boom and the nation’s fastest-growing city.

Housing is so tight that the local school district put deposits down on 15 apartments, to ensure that new teachers moving to the area would have places to live.

Union Pacific Corp. (UNP) is adding tracks and railyard facilities to help trains handle flows of drilling supplies coming in and crude oil heading out. The rising prosperity, driven by new extraction technologies and hydraulic fracturing, has unleashed an economic surge that is transforming Texas’s “petroplex” of Odessa and nearby Midland.


14 posted on 08/06/2012 6:10:18 AM PDT by thackney (life is fragile, handle with prayer)
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To: thackney
.......The rising prosperity, driven by new extraction technologies and hydraulic fracturing, has unleashed an economic surge that is transforming Texas’s “petroplex” of Odessa and nearby Midland.

Bump!

15 posted on 08/06/2012 6:16:38 AM PDT by Cincinatus' Wife
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To: Wonder Warthog
The petroleum industry is very prone to "boom/bust" cycles

Good point. I say, become an accountant in the petroleum industry.

16 posted on 08/06/2012 6:34:28 AM PDT by Lady Lucky
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To: Cincinatus' Wife

And in the “I Don’t Want to Have a Future” catagory are all the students who foolishly major in Journalism or Communication (TV). Newspapers are as antiquated as the teletype. There are only a few hundred TV stations in the country, and only a tiny number hire new anchors each year. (Elderly anchors can stay until their plastic surgeons retire, and if you are White, you are not in the diversity game.)

Yet universities across the land are happy to take thousands of parents’ savings to train their starry-eyed youth for these imaginary jobs. In a just world, this would be investigated as fraud


17 posted on 08/06/2012 6:45:59 AM PDT by txrefugee
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To: txrefugee

The WSJ had an article about the the top 200 careers, taking into consideration pay, job security and working conditions. News reporter was 5th from the bottom.

I don’t remember whether they even had petroleum engineer on the list, but oil companies will take any kind of engineer. An engineer with an MBA would be golden. some of the oil companies are actually paying bonuses to older employees for not retiring because they don’t have the people coming up to replace them.


18 posted on 08/06/2012 6:58:48 AM PDT by Eva (Eee)
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To: Wonder Warthog

I’d expand your point to all extractive/commodity industries. The same sort of boom/bust cycle exists in everything from oil, to precious metals mining, base metals mining, steel/iron/coal/coke, grains/crops, cattle, etc.

The important point is that these “boom or bust” cycles keep these industries from expanding to the point of debt bubble collapse, such as we now see in the housing/real estate industries, banking/finance, etc.


19 posted on 08/06/2012 7:14:11 AM PDT by NVDave
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To: Cincinatus' Wife

My grand-daughter graduated 3 yrs. ago w/ a Mech. Engineering degree.
She was typical lib, refusing to apply with Shell Oil that at the time was crying for workers in W. Co.

She spent the next 2 yrs. in a daycare center. Saw the light.
Got a job, finally, designing and modelling oil pipelines.
She loves it. I’m real proud of her.


20 posted on 08/06/2012 7:58:05 AM PDT by Vinnie (A)
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To: MuttTheHoople

Lots of jobs in exploration here in Fort Collins, CO
We just had a guy move in from TN and is working the fields.


21 posted on 08/06/2012 8:08:59 AM PDT by Zathras
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To: Cincinatus' Wife

Let’s get fracking!


22 posted on 08/06/2012 8:18:01 AM PDT by JudgemAll (Democrats Fed. job-security Whorocracy & hate:hypocrites must be gay like us or be tested/crucified)
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To: Cincinatus' Wife
So 1 field is “booming”. Most college graduates can't get jobs in this Obama economy. And if the media elects Obama again then the EPA will soon cripple the oil , coal, and energy industries so much that this field will also be a bust.
23 posted on 08/06/2012 9:23:38 AM PDT by rurgan (Sunset all laws at 4 years.China is destroying U.S. ability to manufacture,makes everything)
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To: Cincinatus' Wife

Ping for later.


24 posted on 08/06/2012 9:37:52 AM PDT by wally_bert (It's sheer elegance in its simplicity! - The Middleman)
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To: BobL
The problem is that the kids have to stop trying to SAVE THE WORLD (in other words, put down their video games) for a few and crack a book or two.

If anybody has an extra $15,000 lying around to pay for surgery that could get my mind and body out of the 'stasis' category and back into the 'active' category, I'll go to college within 2 months of having it done because by then I should be pretty sharp.

/half sarcasm (half because parathyroid disease really does suck)

25 posted on 08/06/2012 11:04:29 AM PDT by wastedyears ("God? I didn't know he was signed onto the system.")
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To: Cincinatus' Wife; Sacajaweau
Oppressive regulation is about the only tool left in the ObaMao arsenal for the simple fact that most petroleum resources are located in states where unions are week.

Go tell a young man in North Dakota making $60K that he needs union representation and he'll laugh you out of the oil patch.

26 posted on 08/06/2012 11:32:23 AM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: thackney

Texas is looking better to move to.

My only problem would be making a couple grand so I can buy a truck and head down there with a solid plan and a few thousand in my account.


27 posted on 08/06/2012 11:54:55 AM PDT by wastedyears ("God? I didn't know he was signed onto the system.")
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