How will this field look like by the year 2015?
How will it look like by 2030?
Up or down in terms of demand and pay?
I don't know much about it but I was considering Geology as a field and petroleum geologists have a decent salary, but I was wondering if it would fluctuate up or down depending on the oil demand.
2007-12-01 14:06:44 · 4 answers · asked by Anonymous in Science & Mathematics ➔ Earth Sciences & Geology
It should be a good field. The US is loosing ground rapidly in the science fields; our school systems are too concerned with producing sports stars and soothing the egos of some fundamentalist religious factions who have an agenda against the sciences.
Capable geologists will be in high demand to find and recover both the dwindling traditional plays, and to take advantage of innovative new sources for petroleum.
There are also many crossover fields from petroleum geology in case the field is not as rosy as I am painting it.
2007-12-01 14:37:19 · answer #1 · answered by Now and Then Comes a Thought 6 · 1⤊ 0⤋
The salaries are very similar but with petroleum geology there is a greater range which, incidentally, potentially ends up higher dependent on what you do (highest is well site geology, DO NOT DO MUD LOGGING). However I would not recommend going into something purely for the money and if you don't enjoy being in the field then I would advise against geology. You may also want to consider geophysics. Ultimately it's your choice but I would suggest that if you go for a geology course you do a geology degree as just petroleum geology will limit what is open to you. The better major? Only you can decide that, I would personally go with petroleum geology but as I do geology I'm fairly biased. Do what you enjoy more as this will ultimately give you a better chance of doing well.
2016-04-07 02:42:58 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Now and Then is pretty much on the money. Petroleum companies are in desperate need for new people. There are not many people (percentage wise) who choose geology as a major and a career. Now all the petroleum geologists are retiring and there are few people to fill their places.
The field is good and it will stay good for a while. At least until I retire, which is a good 40 years away. And, as Now and Then said, there is more you can do with a geology degree than just petroleum.
2007-12-01 15:23:56 · answer #3 · answered by Lady Geologist 7 · 1⤊ 0⤋
Oil and gas demand will grow, but supplies are dwindling. As the supply dwindles there will be an incredible demand for "oil finders".
So, pay rates will likely be rising, or at least stabilize, and demand for good geologists will rise.
2007-12-01 14:11:01 · answer #4 · answered by David A 5 · 2⤊ 0⤋