Integrated oil companies make up the oil and gas industry. And for a long time, the oil and gas industry has done a lot to contribute to the overall development of the world. There are also many best paying jobs in integrated oil companies.
Given this, it is not surprising that many job seekers, graduates, and young people seek not only a job in the Oil and Gas Industry but also the highest-paying jobs in integrated oil companies.
Integrated oil companies offer diverse career opportunities that aid career growth. However, to have access to these various career opportunities and land the best-paying jobs in integrated oil companies, the right skills, qualifications, and educational requirements must be noted.
This article aims to shed more light on everything that needs to be known about the best paying jobs in integrated oil companies and how to land them. Read on to find out more!
What are Integrated Oil Companies?
Generally, integrated oil companies are responsible for the production and supply of crude oil and natural gas.
They are responsible for discovering raw materials (mainly oil and gas), refining, production, and distribution. They are involved in every process of the oil supply chain.
An integrated oil company might choose to major in the production of crude oil or natural gas, while at times, they might major in the production and supply of both assets.
Contrary to some people’s expectations, Integrated Oil Companies do not just offer oil and gas jobs alone. There are also tons of best paying jobs in Integrated Oil Companies, which will be considered in the following sections.
Why Choose Integrated Oil Companies as a Career Path?
Undoubtedly, the Integrated Oil Company is a good career path for anyone willing to venture into it.
Not only does the Oil and Gas Industry (under which Integrated Oil Companies fall) boast of being a lucrative industry, but there are also many career advancement opportunities.
Anyone who chooses a career path in the Integrated Oil and Gas Industry will be open to more opportunities.
Although it can be challenging to break into a career in integrated oil companies, it would be easy to land the best-paying jobs in integrated oil companies with the right skills and qualifications.
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Examples of Integrated Oil Company Careers
The following are examples of integrated oil company careers:
- Drilling Engineering.
- Petroleum Geology
- Energy Engineering.
- Gas Plant Operations
- Lease Operations
- Mining Engineering.
- Mechanical Engineering.
- Management of Pipeline Construction
- Oil Hauling.
- Production Engineering
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The Pros of a Career in Integrated Oil Companies
Benefits associated with a career in integrated oil companies include the following but are not limited to:
1. The Advantages of Traveling and Geographical Mobility
Some job positions in integrated oil companies require constant movement and traveling.
For anyone who fancies traveling, starting a career in Integrated Oil Companies would provide him or her with the opportunity to go to places they haven’t been to yet.
2. Beneficial Salaries
As compared to the annual salaries paid to employees belonging to other industries, the wages paid to workers in integrated oil companies are higher.
As a result, starting a career and landing the best-paying jobs in integrated oil companies comes with satisfactory compensation.
3. Financial Stability
Oil and gas companies’ salaries range from $95,200 to $110,000. Employees in integrated oil companies can be assured of attaining financial stability in the long run.
4. Expansion in knowledge and skills
Working in integrated oil companies leaves employees with more skills and knowledge than they started their careers.
This is an advantage to anyone who decides to start a career in Integrated Oil Companies.
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The Cons of a Career in Integrated Oil Companies.
Just as starting a career in integrated oil companies comes with numerous benefits, it also comes with its own disadvantages.
The following are disadvantages of starting a career in Integrated Oil Companies:
1. Constant Geographical Mobility
Some job positions in Integrated Oil Companies require constant movement from one geographical location. While some might be comfortable with it, it can disadvantage others.
2. Long Working Hours
Owing to the bulk of workloads that some job positions come with, one might be required to put in long working hours to effectively take care of responsibilities.
3. Riskiness of Jobs and Work Processes.
Some of the work processes in Integrated Oil Companies involve exploring and processing oil and natural gasses.
These activities come with risks and might put people off from pursuing a career in Integrated Oil Companies.
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Skills Required to Succeed in a Career in Integrated Oil Companies.
To succeed in a Career and land best paying jobs in the Integrated Oil Companies, the following are required skills:
- Good Organization Skills.
- Problem-solving Skills.
- Communication Skills.
- Attention to details
- Creative Skills
- Analytical Skills
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Education and Training Requirements for a Career in Integrated Oil Companies.
To be able to land best paying jobs in Integrated Oil Companies, the following are Education and Training Requirements needed:
1. Training Certificate
A training certificate is essential to show that you have the necessary skills to fill certain positions.
A training certificate and the necessary skills are essential to land the best paying jobs in Integrated Oil Companies.
2. Associate’s Degree.
An associate degree takes two to three years to acquire and can be used to land the best paying jobs in Integrated Oil Companies.
However, people with Associate degrees should seek a Bachelor’s Degree as it would further increase their chances of landing the best paying jobs in Integrated Oil Companies.
3. Bachelor’s Degree:
A bachelor’s degree takes up to 3 or 4 years (depending on the significant course studied and the country).
A bachelor’s degree would further strengthen your chances of landing the best paying jobs in Integrated Oil Companies.
4. Master’s Degree.
Higher than every other degree, a Master’s degree helps make you succeed in a career in Integrated Oil Companies.
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Salary and Job Outlook for a Career in Integrated Oil Companies.
The U.S. Bureau Labor of Statistics (BLS) statistics showed that by 2016, there were well over 80,000 jobs available in the Oil and Gas Industry and that by 2026, the number of available jobs is supposed to go up by 11%.
In addition, in the U.S. alone, there are 3.4 million jobs associated with the Oil and Gas Industry under which Integrated Oil Companies fall.
Given this, the career and job outlook of Integrated Oil Companies looks promising and assures potential and existing employees of career advancement and other opportunities.
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How Much Can You Make from Integrated Oil Companies?
Job positions in Integrated Oil Companies don’t come with a static salary. The amount that can be made from every job position depends on the responsibilities attached to it and the qualifications possessed.
However, according to Statistics, anyone working in an Integrated Oil Company can earn between $65,000 and $130,000.
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Best Paying Jobs in Integrated Oil Companies.
The following are carefully selected best paying jobs in Integrated Oil Companies:
1. Project Management
Project Managers are personnel in charge of the Project Management of Integrated Oil Companies.
They oversee specific aspects and projects of a company and ensure that different tasks are efficiently carried out.
The annual average salary of a Project Manager is estimated to be $92,500.
2. Pipeline Construction Management
The Pipeline Construction Manager, in charge of the Pipeline Construction Management of an Integrated Oil Company, oversees the upkeep and efficient management of all company assets drilled and installed.
They oversee all technical and financial operations of the company associated with oil or natural gas drilling.
The annual average salary of a Pipeline Construction Manager is estimated to be around $130,000.
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3. Drilling Engineering
Drilling Engineers carry out operations related to the drilling of gas and oil. They are responsible for the entire drilling process, from testing to supervising.
The average annual salary of a Drilling Engineer is about $75,700.
4. Oil Hauling
An oil hauler ensures that extracted oil is safely transported to refineries and converted into usable materials.
The average annual salary of an Oil Hauler is estimated to be around $86,000.
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5. Sales Representative
The Sales Representative of an Integrated Oil Company sells refined oil products to businesses and retailers on behalf of producers and wholesalers.
The national annual average salary of a Sales Representative is estimated to be around $65,190.
6. Chemical Engineering
A chemical engineer ensures that Integrated Oil Companies uses the correct chemicals to transform crude oil and petroleum into usable materials by conducting necessary tests and evaluations. They also see the safe transformation and storage of raw materials into fuel and gasoline.
The average annual salary of a Chemical Engineer is estimated to be $63,850.
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7. Lease Operation
The job duties of a lease operator revolve around monitoring equipment used in all stages of extraction and transportation so that extracted oil and gas are safely transported to gas stations.
The average annual salary of a Lease Operator is estimated to be around $322,200.
8. Account Management
Account Managers ensure that current clients of an Integrated Oil Company are adequately taken care of. They are sometimes involved in the company’s negotiation of prices and deals.
The average annual salary of an Account Manager is estimated to be around $70,620.
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9. Gas Plant Operation
A gas plant operator processes and distributes gas for utility companies through compressors that maintain pipeline pressure.
The average annual salary of a Gas Plant Operator is estimated to be around $44,000.
10. Operations Director
An operations director in an Integrated Oil Company oversees the company’s functionality ranging from Sales and Budgeting to all Purchasing and Marketing activities.
An operations director ensures that every operation in the company works well.
The average annual salary of an Operations director is estimated to be around $85,000.
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11. Crude Oil Driving
Crude oil Drivers are responsible for safely transporting raw materials and finished goods to gas stations and retail outlets.
A crude oil driver earns an average annual salary of about $76,880.
12. Vessel Management
Vessel Managers oversee and ensure the safety of offshore drilling operations on oil vessels. They are also responsible for the training of crew members.
They also work hand-in-hand with safety inspectors and drilling engineers to see the success of offshore drilling expeditions.
Vessel Managers earn an average annual salary of about $72,100.
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13. Reservoir Engineering
Using their geology and fluid mechanisms knowledge, Reservoir Engineers help locate petroleum in underground reservoirs.
Their average annual salary is estimated to be $137,160.
14. Mechanical Engineering
Mechanical Engineers provide the necessary support for plant equipment, design, installation, development and maintenance of oil processing equipment while ensuring they are safe, reliable, and of excellent quality.
A mechanical Engineer earns an average annual salary of about $71,000.
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15. H.R. Adviser
An Integrated Oil Company’s H.R. Adviser conducts employee investigations, updates the company’s policies, and oversees the company’s Human Resource operations.
An H.R. Adviser’s average annual salary is estimated to be $72,170.
The primary job responsibility of a mud logger is to monitor and record drilling activities and provide drilling engineers with the necessary information.
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17. Completions Engineering
The responsibility of a Completions Engineer is to finish an exemplary assembly after drilling and lining must have been completed.
A Completions Engineer monitors and identifies issues that might complicate the Completion process.
The average annual salary of a Completions Engineer falls between $96,000 and $167,000.
18. Production Engineering
Production Engineers are responsible for selecting and designing well equipment to prepare for production after drilling.
A Production Engineer earns an average annual salary of about $74,100.
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19. Rig Operation
Rig operators work on oil rigs and see to the extraction of oil using specialized equipment.
A rig operator’s average annual salary falls between $46,000 to $100,000.
20. Petroleum Geology
A petroleum Geologist is responsible for studying the physical aspects of the earth to determine and discover oil and gas deposits within the world.
The average annual salary of a Petroleum Geologist is estimated to be $162,000.
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What Companies are in Integrated Oil Industries?
Some companies in the Integrated Oil Industries are:
1. Exxon Mobil
In the U.S., Exxon Mobil is the largest and most successful oil and gas company that doubles as privately-owned.
Exxon Mobil produces, supplies and distributes natural gas, petroleum and crude oil at a considerable price compared to others.
It ranks second in the world’s largest oil and gas company and has its headquarters in Irving, Texas.
2. Phillips 6
Phillips 66 is a significant and privately-owned oil company located in America.
It ranks as the 43rd most successful company in the world and #23 on the list of major companies worldwide.
It has its headquarters in Westchase, Texas and Houston.
This is an Integrated Oil company located in Houston. ConocoPhillips pays its experienced workers about $111,000 annually, and its employees give their job satisfaction a 79% rate.
4. Chevron Corporation
Also located in the U.S., Chevron ranks as the 27th most successful and significant oil and gas company.
It is also listed as the 3rd largest super-major oil company globally.
Its headquarters are located in San Ramon, California, United States.
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How to Get Started in a Career in Integrated Oil Companies.
The following are steps to take to launch a Career in Integrated Oil Companies:
1. Acquisition of Necessary skills and educational requirements.
Every industry requires the possession of some skills and educational qualifications to start a career in it and land the best paying jobs. The same applies to Integrated Oil Companies.
To launch a career in integrated Oil Companies, the first step is acquiring the needed skills and training.
2. Niching down and selecting a job position to focus on.
After acquiring the necessary skills, the next step is to focus on a particular sector in the Integrated Oil Industry to get maximum productivity.
Focusing on a sector at a time enables the acquisition of enough experiences needed to succeed in a chosen job position.
3. Researching Companies and Landing a job.
After acquiring the necessary skills and qualifications, the next step is researching the company you would love to work with.
This would enable you to know what it takes to work with them and how to make necessary preparations.
When these steps are taken, you’re good to launch your career in the Integrated Oil Industry.
FAQs on the Best Paying Jobs In Integrated Oil Companies
Is the Integrated Oil Industry a widely demanded field?
Given that other Industries rely on the Integrated Oil Industry to function effectively, it is not wrong to say that the Integrated Oil Industry is a widely demanded field. The oil and natural gas provided by Integrated Oil Companies are essential to the sustainability of other companies and industries.
What Country pays the highest salary for oil and gas?
So far, the country that pays the highest salary for oil and gas remains the U.S. Australia closely follows.
How many oil companies are in the U.S.?
An estimated 9,000 Independent Oil and Natural gas Producers in the U.S. operate in 33 different states.
Working and starting a career in Integrated Oil is a significant flex because it helps with career advancement and opens one up to diverse opportunities.
It is even most enjoyed when one can land best paying jobs in Integrated Oil Companies.
This article has covered the skills and educational requirements required to land the best paying jobs in Integrated Oil Companies and, if meticulously followed, would help land the best jobs in this industry.
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