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re: Advice for PETE student graduating in May from oil and gas engineers.
Posted on 11/2/15 at 5:05 pm to Tamer of beasts
Posted on 11/2/15 at 5:05 pm to Tamer of beasts
Look at the downstream and midstream sides of the business.
Posted on 11/2/15 at 5:07 pm to GreatLakesTiger24
West Texas is going strong. Either look for production engineering roles as an engineer or start applying as a WSM. I talked to an engineer over the weekend who has worked the past 6 months as a WSM and finally found a position within the company as an operating engineer.
Posted on 11/2/15 at 5:17 pm to Tamer of beasts
Go to grad school....
Posted on 11/2/15 at 5:20 pm to Tamer of beasts
Get a civil engineering grad degree
Posted on 11/2/15 at 5:29 pm to Tamer of beasts
Lots of new engineers are having a hard time finding jobs now, not just petro engineers. Look into getting work experience in any kind of professional industry. When o&g companies start hiring again having a consistent employment would look really good on your resume, this shows that you know how to work in a professional environment. Having a PETE degree will be lagniappe and show recruiters what direction you are wanting to go in.
I had a good friend that was killing it for past 5 years in Denver with his petro engineer degree, a few months back he was laid off. He moved back home with his parents and just took a job at a plant as an auditor. Remember you are not the only one out there looking for a good job. Just keep your options open and look outside the box.
I had a good friend that was killing it for past 5 years in Denver with his petro engineer degree, a few months back he was laid off. He moved back home with his parents and just took a job at a plant as an auditor. Remember you are not the only one out there looking for a good job. Just keep your options open and look outside the box.
This post was edited on 11/2/15 at 5:30 pm
Posted on 11/2/15 at 5:33 pm to Tamer of beasts
You won't find much work as a floorhand out there. If you can find it, do it. 5 years of actually drilling wells will give you a level of credibility that you can never have without that experience once you do go to work as an engineer.
Don't bother getting an MBA before you have any work experience. If you do want to go to grad school - get a MS in something PETE related and hope that in 2.5 years that the hiring spree is back on.
Good luck man. It's getting nasty out here.
Don't bother getting an MBA before you have any work experience. If you do want to go to grad school - get a MS in something PETE related and hope that in 2.5 years that the hiring spree is back on.
Good luck man. It's getting nasty out here.
Posted on 11/2/15 at 6:41 pm to Tamer of beasts
It's a really rough time to be graduating with a PetE degree. Just keep applying for everything you can and you might luck out in the spring semester, but I'd keep options open as far as staying in school for another year or so if you have the means. You can apply to be a rig hand, but there's plenty of unemployed hands already out there with experience that won't bolt as soon as an engineering position opens up. The incentive to hire you for that role isn't very high.
Posted on 11/2/15 at 11:09 pm to DonChowder
quote:+1, coming from an experienced PETE with an MBA. This is a cyclical industry and if you are position to catch the next upswing it can turn into a solid career.
You won't find much work as a floorhand out there. If you can find it, do it. 5 years of actually drilling wells will give you a level of credibility that you can never have without that experience once you do go to work as an engineer.
Don't bother getting an MBA before you have any work experience. If you do want to go to grad school - get a MS in something PETE related and hope that in 2.5 years that the hiring spree is back on.
Some of the people that I work with were hired during the dark days and often had a combination of great GPA, personal connections, and/or a PETE masters (since they didn't have opportunities after getting a bachelors).
Others caught on with service companies and excelled in various roles up to a point where they were working with E&P companies directly, designing and implementing completions and/or stimulations. They were then hired on by E&P companies as production or completion engineers, and many have had very successful careers boosted by what they learned doing hard time with the service companies.
Good luck.
Posted on 11/2/15 at 11:30 pm to Tamer of beasts
I graduated in PETE and I can tell you even getting a job as a rig hand will be almost impossible for you unless you know someone that can get you hooked up. There are so many people looking for work that have experience it's crazy. I would probably go to grad school, which is something I would've never suggested to anyone when I graduated.
Posted on 11/2/15 at 11:34 pm to Tigerstudent08
Grad school at Colorado School of Mines
This post was edited on 11/3/15 at 9:08 am
Posted on 11/3/15 at 4:29 am to ColoradoAg03
You have 2 things going for you. Firstly your degree. Thats a great accomplishment and no one will be able to take that away from you. The 2nd thing is time is on your side. Im assuming you have no wife or kids unlike a lot of these poor frickers that have gotten laid off.
The best cure for low oil prices is low oil prices. Everyone will have to ride out this storm. Luckily for young guys like you a lot of the old timers will retire and a lot of the "groupies" will go elsewhere. So when it does pick up you'll be fine.
Have you considered taking a gap year? Becoming fluent in a 2nd language is very valuable.
I can tell you that in my area of the patch activity is down 80%. And a lot of people have gotten the chop.
The best cure for low oil prices is low oil prices. Everyone will have to ride out this storm. Luckily for young guys like you a lot of the old timers will retire and a lot of the "groupies" will go elsewhere. So when it does pick up you'll be fine.
Have you considered taking a gap year? Becoming fluent in a 2nd language is very valuable.
I can tell you that in my area of the patch activity is down 80%. And a lot of people have gotten the chop.
Posted on 11/3/15 at 4:37 am to lsuoilengr
You are right don't hang your hat on just going into the oil industry. The engineering degree is worth it's weight in gold. Stay positive and look around in other industries.I am in the beer industry an my company hires engineers all the time. Have to do and internship but starting at 80 k after you are done.
This post was edited on 11/3/15 at 4:39 am
Posted on 11/3/15 at 5:06 am to Tamer of beasts
Pack your pride in a lock box, get your passport and go work for the Saudis, Emirates or Qataris...
Make 1 million of the next 4 years, hook up with smokin hot euro and expat girls for vacations every 2 months in Thailand and Ibiza and Australia
Come back to the states and toil in misery with the rest of us
Make 1 million of the next 4 years, hook up with smokin hot euro and expat girls for vacations every 2 months in Thailand and Ibiza and Australia
Come back to the states and toil in misery with the rest of us
Posted on 11/3/15 at 5:14 am to IceTiger
Entry level jobs for a guy with a degree/PETE are only 7.5k a month, plus full medical and dental paid for, plus housing paid for (2.5k/mo)...oh and UAE has no tax, and the US doesn't touch your cash
The big bucks roll in with 5 years experience
The big bucks roll in with 5 years experience
Posted on 11/3/15 at 6:25 am to Tamer of beasts
That's the tough thing about a PETE degree. You are tied to one industry. I'm working in it now, and a year ago was kicking myself for getting an ME degree over a PETE. Now, I'm thankful I have it in my back pocket. Holding onto my job for now, but if I was laid off, the first thing I'd do is take the PE (no need for it in my current position and don't have the time to study). I feel that having the PE and an ME degree would at least get me some looks outside the industry. I'd take a serious paycut, but some money is better than no money.
Posted on 11/3/15 at 6:30 am to Tamer of beasts
Get into construction management and hire engineers to work for you one day.
Posted on 11/3/15 at 6:39 am to Tamer of beasts
Putin may hire Pete. Pete may start on the right foot but will be in the Arctic. Consider it Pete. Nothing could possibly go wrong. ..... Never mind Pete back to the drawing board. Add another $200 k to your student loan and Go to Graduate school. Pete will be Police Officer in Orleans Parish due to his late arrival into the working world. Congrats on your Associates in Criminal Law from Delgado. Pete will simulate Nick Cage in Bad Detective for 11.5 years and die with $460k in unpaid student loans.
This post was edited on 11/3/15 at 6:41 am
Posted on 11/3/15 at 6:41 am to Tamer of beasts
People on OT detest me, but I really do understand your situation.
I actually had it alot worse than you. Physics BS as well as a not so stellar GPA. Fortunately for me, a Physics guy can get into most Engineering Grad Schools and I have gotten a few interviews (not much but better than nothing).
If you go the Grad school route make sure it is something you want to make a thesis/project about (Im going through the stress of that now). And try to make your thesis applicable and broad (ie useful research into other industries with better job prospects).
If non-engineering professional or grad school is your choice, just be careful because other other fields are not as prosperous right now (Law is on this level at the moment).
Any job related to your industry as a Technician or more obtuse opportunities like as a programmer would be useful. Just giving some thoughts.
Posted on 11/3/15 at 6:56 am to volod
Physics BS + used the word Stellar + Germans created the Stellarator + OT = Pete is Jewish And owned a Broomstick(boomstick). Pete is a Chicken at being a LEO.
This post was edited on 11/3/15 at 7:03 am
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