Today we decided to switch up the content on the blog a little bit and take a closer look at one of the industries we service: the petrochemical industry in the Gulf Coast. If you're a regular follower of our blog, we hope you enjoy the change of pace today. And don't worry, we'll be back next week with our latest Steam Culture and Boiling Point videos! Read below as we take a look at a few key jobs that make up the oilfield industry. One reason we found this topic interesting is because of the role steam plays in each of these positions. We hope you do as well.
A Quick History Lesson
Until about 2014, the Gulf Coast oil and gas industry had seen exponential growth for a few years running. In the last two years, oil prices began to fall and job growth reflected the tightening of purse strings reminiscent of the tough downturn during 2008-2009.
In July 2016, the Iran Nuclear Agreement was signed, and things went from bad to worse in the oil fields as sanctions were lifted and Iran announced plans to add 500,000 barrels a day to the global market.
Despite the recent downturn in oil prices, certain careers in the Gulf Coast oil and gas industry remain robust. Working offshore on boats, oil platforms, and drilling rigs is a way of life for many individuals and families in the Gulf, and, despite the lagging oil economy, the need to replace retiring baby boomers and fill new positions remains.
The Effect of Oil Pricing on the Job Market
Starting in 2015, due to plummeting oil prices, the oil industry has been forced to decommission multiple rigs. This, of course, resulted in a slowdown in the oil and gas job market—with the exception of the five jobs described below.
According to industry experts, the following jobs will likely remain in high demand as long as oil companies continue producing oil.
With the global economy still dependent upon oil, drillers are needed to operate the drilling equipment. Drillers are responsible for normal daily drilling operations, and must be experienced in the operation of various heavy machinery and oil pumping equipment.
2. Production Foreman
A production foreman oversees field employees during production and operation in the oil fields. They perform management duties and troubleshoot operational problems on the rig, in addition to being expected to optimize production and operational efficiency. They are also responsible for well operations, including stimulation, pumping, diagnostics, measurement, rotation of equipment, and facility work.
3. Field Technicians
Oil field workers have to start somewhere, and a job as an oil field technician is a common way for most beginners to get their foot in the door. Field techs are responsible for the routine operation and maintenance of heavy equipment, updating service records, and reporting maintenance issues.
Drivers are relied upon in the offshore Gulf oil industry as a primary connection to land and supplies for the rigs. Drivers safely load and unload equipment and fuels and provide transportation for people and supplies.
Field and lease operators operate and maintain oil wells. They must troubleshoot any problems that arise and provide necessary repairs to keep the rigs operating and productive according to daily sales volumes. Experienced operators are essential to a successful oil well, and they are almost always in demand offshore.
Along with the stability of certain jobs in the Gulf oil and gas industry, job seekers can still expect above-average pay when working in the oil fields. The U.S. Energy Information Administration expects the price of domestic crude to bounce back in 2017, and the agency predicts that production growth will follow suit.
When you're providing service to a variety of industries across the United States like WARE does, it's important to stay connected with what's happening in that industry. We hope this blog provided some insight into just one of the industries we serve. No matter where you're located in the United States, WARE provides rental boilers in your area. Fill out our boiler rental quote form and get a quote within an hour!