Median Salary: $104,998
Salary Growth (2009–2015): +16%
Total Employees: 10,200
Change in Employees (2009–2015): -22%
Petroleum engineers is conduct studies related to the exploration, development and extraction of oil and gas deposits. They are employed by energy companies, government, research institutions and consulting companies. Chemical engineers, who are part of this category, oversee the biochemical processes that are used to transform raw materials into product. They may be stationed in the oil sands, or find work in consumer-facing industries, like food. Regardless of their speciality, engineers can expect to work in an environment that requires them to pick up skills in related areas like sales, marketing and management.
You’ll need at least a bachelor’s degree (from an accredited institution) in petroleum engineering or a related discipline. A master’s degree or PhD in engineering could also provide a competitive advantage.
This is a profession that pays handsomely: the median salary for chemical engineers is $104,998.40
Job numbers have taken quite a hit in recent years, with petroleum engineers being affected worse: there are only about 400 job openings at the moment. But the signs suggest the slump won’t last forever. From this year through 2018, jobs are expected to grow by 300%. From there, the category will grow by 200% until 2024.