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Message
re: US College Students Are Shunning Oil-Industry Degrees for ESG Future
Posted on 7/9/22 at 12:36 pm to jcaz
Posted on 7/9/22 at 12:36 pm to jcaz
quote:
Lol have fun with the student loan debt and being just another J.D.
No shite. This country has too many fricking lawyers.
Get a Masters in another engineering discipline like EE.
1
Posted on 7/9/22 at 12:54 pm to ragincajun03
I went into chemE for this very reason. Why limit myself to a specific discipline like petroleum engineering when chemical engineering allows you to work in petro industry as well as basically every other heavy industry. I found there wasn't much difference curriculum-wise between petroleum and chemical until senior-level classes in undergrad but still very much in the realm of things a chemical engineer could learn on the job if needed.
Had nothing to do with the current woke climate. It was just common sense thinking not to allow oneself to be restricted to such a specific area.
Had nothing to do with the current woke climate. It was just common sense thinking not to allow oneself to be restricted to such a specific area.
Posted on 7/9/22 at 12:57 pm to GetEmTigers08
A lot of the higher up management in the companies I used to work for in O&G were Chem E's. 
Posted on 7/9/22 at 1:01 pm to ragincajun03
PE’s fron India,Taiwan, the Philippines and Middle East will be hired at 40% of the cost of an American Engineer. That’s how our government has sold us out with H1-B Visa’s.
This post was edited on 7/10/22 at 1:36 pm
Posted on 7/9/22 at 1:07 pm to ragincajun03
I'm the last generation of the oilfield baws that doesn't have a degree. Been at it for 24 years. To be in my position an engineering degree is now required and has been for about 12 years now. These younger people with PE's are kinda running deepwater ops now. I'm ready to get out. The new oilfield is crazy the good ole' days are far gone!
Posted on 7/9/22 at 1:09 pm to Blutarsky
quote:
No shite. This country has too many fricking lawyers.
Law school admissions already peaked a few years ago.
Posted on 7/9/22 at 1:18 pm to ragincajun03
Students might be shunning the oil and gas industries at the more liberal schools (like UT Austin) where ESG is the trendy thing. However at traditional engineering powerhouses, I doubt that they are shunning PetE degrees at all. When there is drilling and production activity in the oilfield, there are always a flurry of activity in the PetE departments.
Posted on 7/9/22 at 1:24 pm to ragincajun03
Law school? You are in for some major disappointment and debt bud.
Good luck to him. I bet next years class will get $150k starting salaries.
Good luck to him. I bet next years class will get $150k starting salaries.
Posted on 7/9/22 at 1:48 pm to ragincajun03
quote:
ESG ratings by themselves are not necessarily a culprit (except for maybe high school and college kids being bombarded in the media about how horrible for the environment and sustainability fossil fuels are), but it’s the influence of that on the financial sector and investors in moving money away from supporting continued fossil fuel development.
I think people are looking for political reasons when reality is more practical.
The industry couldn’t hire enough people from 2012-2014. New engineers were getting hired at what would have been management-level salaries only a few years prior. Then OPEC flooded the market and the whole industry went to shite. Furloughs, pay cuts, then huge layoffs. Those who were left were forced to do more with less. Not only did a lot of the baby boomers in the industry retire, but also a lot of young folks left the industry for other careers while they still had time to do so.
Oil has been >$100 for about 5 months. In 2014 it had been >$100 for over 3 years. In reality, the industry had been booming even longer than that as oil was also >$100 before the 2008 collapse.
People just don’t have much confidence that this boom is sustainable. Yeah, the push for renewable energy plays a part. But the bigger factors are the feeling of impending recession and fear of getting pigeon-holed into an industry which has been extremely unstable over the past decade. The money might be great for a couple of years, but what happens after that?
During the last boom, it had been over 30 years since the previous major bust. People didn’t really remember the 80’s. But now, people definitely remember 2015. I think it’s going to take another year plus of sustained high prices (which leads to sustained demand for new engineers) before petroleum engineering regains anything close to the luster it had 8-9 years ago.
Posted on 7/9/22 at 4:46 pm to lostinbr
I absolutely agree that it’s simple economics, but I can tell you that when we talk to our new to career employee a surprising number absolutely believe that the industry’s days are numbered, and they want to work on the transition, not E&P. We also have a surprising number of new hires who support and desire the transition and vote for politicians who seek it. It’s a heckuva time to be alive…and manage.
Posted on 7/9/22 at 4:52 pm to ragincajun03
quote:
More students and parents are turned off by the sector not necessarily because they are environmental advocates, but because they have THEY HAVE BEEN INDOCTRINATED TO BELIEVE the switch will make oil and natural gas obsolete in five or 10 years, she said.
That is how the quote should read.
Posted on 7/9/22 at 8:04 pm to GumboPot
quote:
Engineering is full of males. Companies are dying to hire female engineers. It's been that way for at least 30 years. They not only start with a higher salary than men, if they are half way competent they will move up the corporate ladder really fast.
Yeap……but discrimination is wrong. Honestly I understand that’s how things are, but it only fuels my fire to further grow my own business.
Posted on 7/11/22 at 2:10 am to ragincajun03
Then now is time to go into it
Posted on 7/11/22 at 6:41 am to TutHillTiger
Family was in the oil biz. I guess the apple doesnt fall far from the tree. But, when I began at LSU, oil was 10$ bbl. So, I went ChemE and not PE. I went to work for an oilfield service company. Been there ever since. TBH, I love hearing stories like this. Less advanced technical folks in my profession mean the more comp I can ask for. Simple supply and demand.
Posted on 7/11/22 at 7:27 am to ragincajun03
Holy shite this dudes privilege is showing.
Posted on 7/11/22 at 7:30 am to GumboPot
quote:
Without government incentive and intervention these CCS projects are not viable
It’s been the biggest corporate welfare scam in our nations history and goes back to Ws presidency.
Posted on 7/11/22 at 8:16 am to Olderthandirt
“My daughter is working on her PhD in MechE”
Company I recruited for ( large major) would hire eng with bs degrees for entry into field offices and transitioning to corp headquarters.. needed a few years of hands on before overseeing things from a distance . A masters helps but not required.
I also recruited geology and geophysics.. for a very long time we have required these to have a masters. Would not look at anyone with less than a 3.2 in their bs and 3.5 in master.. PhD would be considered but not a plus over a masters unless specifically wanting to go into our research department ( which was large) .. we found the PhD had less interest and personality for working in our operations teams and field work..
The PhD is not required for industry jobs usually but will certainly give her the ability to apply for an entire different set of jobs or career paths should she want that now or later…I had coworkers in G&G cut their PhD to a master halfway and step out to take a job..And others get their PhD while working so they could leave industry and go into academics…
Congrats to daughter.
Company I recruited for ( large major) would hire eng with bs degrees for entry into field offices and transitioning to corp headquarters.. needed a few years of hands on before overseeing things from a distance . A masters helps but not required.
I also recruited geology and geophysics.. for a very long time we have required these to have a masters. Would not look at anyone with less than a 3.2 in their bs and 3.5 in master.. PhD would be considered but not a plus over a masters unless specifically wanting to go into our research department ( which was large) .. we found the PhD had less interest and personality for working in our operations teams and field work..
The PhD is not required for industry jobs usually but will certainly give her the ability to apply for an entire different set of jobs or career paths should she want that now or later…I had coworkers in G&G cut their PhD to a master halfway and step out to take a job..And others get their PhD while working so they could leave industry and go into academics…
Congrats to daughter.
Posted on 7/11/22 at 8:39 am to ragincajun03
I had an open offer for like 80k a year in NOLA to basically be an office manager / accountant for a tobacco company. I turned it down because I just don't think Tobacco will be there long term. While I think these kids are underestimating petroleum, I understand where they are coming from.
Posted on 7/11/22 at 8:46 am to Jcorye1
quote:
While I think these kids are underestimating petroleum, I understand where they are coming from.
Petrochemical industry is only growing. People still smoke cigarettes. Just like you, these kids are believing the hype.
Posted on 7/11/22 at 11:54 am to Thecoz
quote:
“that recruited her was honest and said being female was going to let her write her own ticket.”
Some truth although was same 30years ago.. she will get preferences for promotion but will have to deliver once there…
And btw the recruiter that said that better hope HR never hears of it… he/she should not be recruiting…
Why would HR care? They pretty much have said you must be “diverse” to be promoted above a certain level in my company.
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