NOTE: i thought better of it and deleted ..."MONEY-GRUBBING oil companies"
2006-09-23 20:36:53 · 5 answers · asked by Anonymous in Science & Mathematics ➔ Earth Sciences & Geology
Joachin Murietta needs a nap
2006-09-24 13:22:45 · update #1
you answered it-$$$$$. Then again it depends on what you definition of best is in this case.
2006-09-23 20:42:28 · answer #1 · answered by Anonymous · 0⤊ 0⤋
The definition of best is a bit contrived here. You have to be aware that any oil companies expects a master's degree and you basically working your butt off for them; nights, weekends, whatever it takes to find the next major play. Oil companies like mining companies employ geologists in an exploratory fashion. Basically they are the people who make the decision where to drill or excavate based on the available geophysical data. In a good "oil" economy i.e. oils prices are high, it is more prudent for an oil company to spend more money on a geologist. In a bad economy, the exploration team especially the least experienced members are usually the first to get the axe.
If you are looking for a geo-job, hydrologists are becoming indispensable. Environmental remediation as well as health and safety officers have always been the friend of a geologist. And there is geotechnical engineering which focuses more on the engineering application of soil and rock. I guess what I am getting at is that there are more opportunities out there than just oil companies which could possibly yield better compensation and benefits.
2006-09-24 04:54:43 · answer #2 · answered by Johnny 3 · 0⤊ 0⤋
I'm going to assume that what you are referring to is the way that all the oil companies are hiring the crazy. There's a fairly simple reason why that is happening. For a really long time, from the late 70s until only a few years ago, the price of oil was low. The oil companies went through fairly difficult times during this period, and a lot people got laid off. Also, they didn't hire any new people. That last point is the real key to answering your question. Over the last 5 years or so, the oil companies have realised that because of their lack of hiring, all of their skilled staff will be starting to retire in the next few years. So unless they hire a LOT of people, and soon, two things will happen: a) they won't have enough employees, b) their new employees won't be able to benefit from the expertise of the old-hands. Throw in the surge in oil prices (and hence the need to locate and produce more oil), and you have the recipe for a massive increase in hiring!
2006-09-24 15:08:09 · answer #3 · answered by xy_213 2 · 1⤊ 0⤋
Dear XOOM - The short answer to your polemnic and childish question is that money grubbing oil companies are willing to pay for the highest quality people they can get. The economic system in which we all live values oil finders more than it does earth science teachers. Now what is with the attitude about oil companies? In case you hadn't noticed ALL corporations and I mean ALL are in their respective business to make money for the stockholders....oil companies are no exception. Get a life....
2006-09-24 05:32:52 · answer #4 · answered by Anonymous · 0⤊ 1⤋
I agree with Doug C. The oil companies have more money than other places geologists might work, such as universities.
"Although it missed estimates, Exxon's earnings were no small number. The $8.4 billion first quarter profit means the company made $1,080 a second."
2006-09-23 21:33:39 · answer #5 · answered by peter_lobell 5 · 1⤊ 0⤋