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re: Petroleum Engineering starting salary out of LSU?

Posted on 6/4/12 at 1:30 pm to
Posted by barry
Location, Location, Location
Member since Aug 2006
50369 posts
Posted on 6/4/12 at 1:30 pm to
quote:

First year ~60k. just finishing second year and already sniffing 80k.


you got back to back 15% raises?
Posted by BRhuskyfan80
Baton Rouge
Member since Dec 2011
2915 posts
Posted on 6/4/12 at 3:04 pm to
Here's how to determine your starting salary.

Are you an OTer?

No = $38k - $55k
Yes = $70k - $120k + private bathroom in your office.
Posted by KG6
Member since Aug 2009
10920 posts
Posted on 6/4/12 at 3:05 pm to
(no message)
This post was edited on 8/7/12 at 11:44 pm
Posted by barry
Location, Location, Location
Member since Aug 2006
50369 posts
Posted on 6/4/12 at 3:12 pm to
quote:

The first yearss salary was for your "training" period. You get a pretty good raise plus car allowance once you become an engineer. Since then I've moved into an operations position which pays better. The good thing about being an engineer in this field is that you get looked at for positions much faster than other people. You don't need as many years experience as others before you can move up.


So you work for Schlumberger?

I know how it works i work in the industry, i was just wondering who was handing out these 15% raises so i could know where to send my resume.
Posted by HeadyMurphey
Los Santos
Member since Jan 2008
17187 posts
Posted on 6/4/12 at 3:26 pm to
quote:

you got back to back 15% raises?


I did, is that unbelievable?
Posted by barry
Location, Location, Location
Member since Aug 2006
50369 posts
Posted on 6/4/12 at 3:31 pm to
quote:

I did, is that unbelievable?


Were you promoted?

Its not unbelievable but regardless of industry without promotion, back to back 15% raises is pretty rare.
Posted by hiltacular
NYC
Member since Jan 2011
19690 posts
Posted on 6/4/12 at 4:48 pm to
I graduated cheme last december (from GT). Got an offer from Schlumberger which came out to around $84k and an offer from my current employer (energy consultant) for $70k. I took the energy offer.

I had interned before and had a decent gpa so that certainly helped. I dont think I know anyone that got an offer for under 50 in a cheme field.

Offers will vary based on job type, i.e office vs field. Field will start around 75+ but it will be on there terms (bad schedules, usually living in shite towns). Office is better imo but that will vary based on your qualifications, if you have a good gpa and have interned, you can easily get 80+. If your in the other boat, expect 50-60. The good thing with all of these jobs is most of these companies have great raise/bonuses and you should be making the big bucks within 5 or so years.

I would major in cheme simply bc you can literally do anything. 1/3 of my class went to med school, 1/3 doing random things (finance, consulting), other 1/3 in oil.



Posted by hiltacular
NYC
Member since Jan 2011
19690 posts
Posted on 6/4/12 at 4:50 pm to
quote:

I know how it works i work in the industry, i was just wondering who was handing out these 15% raises so i could know where to send my resume.



I know BP has a very structured raise system and I believe theres is 10% after a year or so and completing whatever program it is they have.
Posted by Burt Reynolds
Monterey, CA
Member since Jul 2008
22443 posts
Posted on 6/4/12 at 5:08 pm to
Not this shite again
Posted by TulaneUVA
Member since Jun 2005
25922 posts
Posted on 6/4/12 at 9:23 pm to
quote:

didn't even assume GPA mattered all that much in engineering.





But for real, it's close to if not in the six figures. I work for Big Oil and am recently graduated.

ETA: If it's for a field services company like Schlumberger, I know that they were offering 73k in 2008 for ME's. Not sure about petro.
This post was edited on 6/4/12 at 9:25 pm
Posted by urinetrouble
Member since Oct 2007
20510 posts
Posted on 6/4/12 at 10:05 pm to
quote:

Hey Croaka, I'm working for a structural eng and was thinking of taking the SE test next spring, have you taken it yet or plan on taking it? Just curious since you said you've been out of school a few years.
Sorry to OP for hijacking your thread


What state do you work in?

There's really no reason to take the SE in most states, including Louisiana, other than for gaining the additional distinction. You can be engineer of record for structural work in most states with just a civil PE license.

There's has been a big push lately to make the SE a model requirement for all structural work in the country. But it is just talk at this point as far as I know. And there would likely be a grandfather clause if it did get implemented.
Posted by Croacka
Denham Springs
Member since Dec 2008
61441 posts
Posted on 6/4/12 at 10:18 pm to
Yeah, I'm trying for the pe this year, first try


Not even a thought about the SE in the near future
Posted by bigblake
Member since Jun 2011
2502 posts
Posted on 6/4/12 at 10:29 pm to
(no message)
This post was edited on 4/6/13 at 2:42 pm
Posted by KG6
Member since Aug 2009
10920 posts
Posted on 6/4/12 at 10:34 pm to
(no message)
This post was edited on 8/7/12 at 11:46 pm
Posted by LNCHBOX
70448
Member since Jun 2009
84306 posts
Posted on 6/4/12 at 10:39 pm to
quote:

This makes me doubt the intelligence of your class more than being impressed with yours.


I never said it was some big accomplishment. Hell, I literally didn't study. No need to be condescending about it though.

ETA: And my class had the only engineering major with a 4.0 for the entire college, so we couldn't have been that bad. He also passed
This post was edited on 6/4/12 at 10:41 pm
Posted by 1fairbank
Smells Funny
Member since Sep 2011
1374 posts
Posted on 6/4/12 at 11:47 pm to
quote:

I had interned before and had a decent gpa so that certainly helped. I dont think I know anyone that got an offer for under 50 in a cheme field.


Technically I had a $45k for a field job, but I got a 66% raise as soon as I finished job training. It follows up with 10% raises every year for the next 2-3 years.

Internship helps (or so I would think, I didn't), so does keeping above a 3.2 or 3.5 gpa (again, so I would think).
Posted by JL
Member since Aug 2006
3047 posts
Posted on 6/5/12 at 3:39 am to
Seeing every other person on this board thinking they should get a petroleum engineering degree so they can make big $$ annoys the shite out of me. I'm glad to see that LSU is increasing their standards to get into the PETE program and hopefully they will require a minimum GPA to stay in that program. Graduating 70 people every semester is making my degree less valuable. Thank god half of them are foreign and can't work in the US anyway.

Also with those low of grades no way in hell you could get a job with any operator unless you know somebody. Plan on working for halliburton or schlumberger for 3 yrs, go thru your training, make a shitload of money working lots of hours and days in somewhere shitty like Hobbs, NM. You'll make good money.
Posted by Steele4real
Donaldson-Rouge-Slidell-Ville
Member since May 2011
30 posts
Posted on 6/5/12 at 5:57 am to
Why should that annoy the shite out of you? The field interests me, and pays well I don't exactly see the harm.

I have no problem living on a metal island and working crazy hours... Granted I could do that right now with no degree, but the degree gives you a type of insurance you can't buy from an insurance company.

LSU did raise the requirements for Pete, you need a 2.8 in all core curriculum classes.
Posted by bctiger6
NOLA
Member since Jul 2007
1355 posts
Posted on 6/5/12 at 8:30 am to
quote:

There's really no reason to take the SE in most states, including Louisiana, other than for gaining the additional distinction. You can be engineer of record for structural work in most states with just a civil PE license.


This is what I've been wondering, whether or not it's mandatory to take the SE 1 & SE 2 or if taking just the civil test is still acceptable if you want to stamp structural dwgs. The super smart Asian nerd in my office took both SEs and the civil PE so he's been telling me to take the SEs but said they were pretty tough. If civil PE is good enough I'll definitely go that route. Guess I need to give LAPELS a ring and try to get an answer out of them
This post was edited on 6/5/12 at 8:35 am
Posted by LNCHBOX
70448
Member since Jun 2009
84306 posts
Posted on 6/5/12 at 12:30 pm to
I had a shitty gpa, and my offer from Halliburton is in Lafayette, which last I checked isn't in the middle of no where. I also had no relevant work experience in the oil industry. GPA is not the end all be all. It helps, but being persistent and having good interview skills is just as important. (yes, I know you need gpa to land the interview for the majors).
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