The 14 Best Paying Jobs in Oil & Gas Production [Updated 2022]

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Oil and gas production is one of the most profitable industries in the world.

In fact, according to Forbes, it’s one of the top 10 highest-paying jobs in America.

However, before you start searching for an oil and gas production job, you should know what you’re getting into.

Oil and gas production is a dangerous industry that requires years of training and experience.

If you’re looking for a career as a petroleum engineer or geoscientist, be prepared to spend at least four years in school and several more years in an internship before you can even begin thinking about landing your first job.

Even after that, it takes many years of experience before you become a senior employee who has the opportunity to earn significant money.

The best paying jobs in oil and gas production are those that require specialized skills, such as geologists and engineers.

However, there are also many entry-level positions available to those who have little or no experience in the industry but want to work as support staff.

In addition to high pay, there are other benefits that make these jobs so attractive. For example, you may be able to work from home or remotely.

And since most companies operate 24/7, you can choose your own schedule as long as you meet deadlines and deliver results.


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What Is Oil & Gas Production?

Oil and gas production involves extracting oil and gas from the earth.

This can be done through drilling or fracking, which involves injecting pressurized water into rock formations to release natural gas or oil.

Production workers are often involved in these processes and may also be responsible for transporting crude oil across large distances by rail or pipeline.

14 Best Paying Jobs in Oil & Gas Production

The oil and gas industry is one of the largest employers in the world. As such, it attracts a wide range of talent from all over the world.

Oil and gas companies are always looking for great people to help them achieve their goals, whether that means finding new sources of energy or developing new technologies to improve production.

Here are some of the best paying jobs in oil and gas production:

1. Chief Executives – $208,000

While most CEOs don’t work directly with the drilling or production processes, chief executives are among the highest paid workers in the world.

The average salary for a chief executive of a public company in the United States is $208,000, according to BLS.

Oil and gas industry CEOs are no exception.

Chief executives are responsible for all aspects of running their companies, including developing and implementing business strategies, hiring and firing employees, and overseeing daily operations.

Chief executives must be able to balance strategic decisions with day-to-day responsibilities while maintaining strong relationships with senior executives, board members, and shareholders.


Related: Top 16 Best Paying Jobs In Energy


2. Architects – $191,120

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If you’re looking for a job in oil and gas production, consider becoming an architect.

You’ll need to have a bachelor’s degree in architecture or a related field and pass the Architect Registration Examination (ARE).

The architect job is one of the most lucrative positions in the oil and gas industry.

This job requires someone who has a background in engineering and architecture.

Architects who specialize in industrial design are also needed to design new drilling rigs and other equipment used in the industry.

Architects who specialize in designing buildings can help design drilling sites, offices, or other structures needed to support oil production operations.

3. Lawyers – $176,650

Oil & gas lawyers are at the heart of the industry, and they get paid handsomely for it.

Lawyers who specialize in oil and gas issues earn $176,650 per year on average, according to a recent study by BLS.

There are several different types of lawyers who work within the oil and gas industry, from general counsel to intellectual property specialists.

Lawyers who specialize in oil and gas must understand the complex regulatory environment surrounding their clients’ industries, as well as how those regulations apply to specific operations at each site owned by their clients’ companies.

Becoming an oil and gas lawyer requires passing the bar exam in your state and going through a rigorous training program.

You’ll need to learn how to negotiate contracts with landowners and negotiate with other companies that might be affected by your operations, as well as how to draft legal documents for drilling leases and other agreements.

4. Marketing Managers – $166,860

Marketing managers are responsible for planning, implementing, and monitoring all marketing initiatives.

They’re in charge of creating a product’s branding, developing its packaging, and determining how best to market it to consumers.

Marketing managers typically work in large companies where they have access to a wide range of resources, including marketing specialists and data analysts who can help them develop strategies for reaching target audiences.

They may also work with advertising agencies to create advertisements and other marketing materials, such as brochures and direct mailings.

Marketing managers earn an average of $166,860 per year according to the BLS, or $69.80 per hour based on a 40-hour workweek.


Related: The 15 Best Paying Jobs In Consumer Services


5. Petroleum Engineer – $161,946

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Becoming a petroleum engineer is one of the best-paying jobs in the oil and gas industry.

Petroleum engineers are responsible for all aspects of the oil and gas production process.

These include finding new sources of oil and gas, developing extraction methods and improving existing ones, and maintaining safety standards on drilling sites.

Petroleum engineers must have a strong understanding of mathematics, physics, and chemistry.

They also need to be able to work well with people from many different backgrounds.

Petroleum engineers can earn up to $200,000 per year based on their experience and location.

Most entry-level petroleum engineers earn between $80,000 and $110,000 annually when they start out.

As you gain experience in the field, you can expect your salary to increase substantially.

The average salary for experienced petroleum engineers is $130,000 per year.

In addition to earning a high salary, petroleum engineers have excellent benefits including medical coverage and retirement plans.

6. Financial Managers – $155,040

Because of the high demand for oil, there are many opportunities to be found in the oil and gas industry.

If you’re looking for a career in this field, you may want to consider becoming an oil and gas production financial manager.

This job is ideal for individuals who have strong analytical skills, as well as excellent communication skills.

An oil and gas production financial manager oversees all financial aspects of production operations.

This includes overseeing budgets and costs, creating strategies for increasing profits, and performing cost analyses on projects.

You may also be responsible for overseeing payroll checks or managing vendors that provide services to your company.

To become an oil and gas production financial manager, you need a bachelor’s degree in accounting or business administration with a concentration in accounting or finance or another related field such as finance or economics.

You’ll also need several years of experience working in an accounting department or similar position before becoming a supervisor or manager.


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7. Computer and Information Systems Managers – $153,790

This is one of the fastest-growing jobs in the oil and gas industry.

Computer and information systems managers oversee the design, development, integration, operation, and maintenance of computer-based systems for oil and gas companies.

They are responsible for ensuring that all information systems support business needs as well as regulatory requirements.

They also work with vendors to ensure that software is secure and meets industry standards.

Computer and information systems managers typically have at least a bachelor’s degree in computer science or a related field.

8. Geoscientists – $153,740

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Geoscientists are scientists who study rocks, minerals, and fossils to determine their origin.

They work in both the oil and gas industry and academia to help companies understand how much oil or natural gas is present in an area, how much can be extracted safely, and where it can be found most easily.

Geoscientists often work directly with drillers and engineers on-site to determine what areas are worth drilling because they understand how changes in pressure or temperature may affect drilling operations.

While many geoscientists work at universities conducting research, others find jobs with private companies as consultants or members of management teams.

9. Sales Managers – $151,420

The median salary for a sales manager in the oil and gas production industry is $151,420.

To become a sales manager, you will need at least five years of experience in sales.

In addition, you will need to have a bachelor’s degree in business or a related field.

If you have the necessary qualifications and experience, then you can apply for a sales manager position at an oil and gas production company.


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10. Public Relations and Fundraising Managers – $150,370

The median salary for a public relations manager in the oil and gas production industry is $150,370.

To become a public relations manager, you will need at least five years of experience in public relations.

In addition, you will need to have a bachelor’s degree in business or a related field.

If you have the necessary qualifications and experience, then you can apply for a public relations manager position at an oil and gas production company.

11. Natural Sciences Managers – $148,780

The median salary for a natural sciences manager in the oil and gas production industry is $148,780.

To become a natural sciences manager, you will need at least five years of experience in the oil and gas industry.

In addition, you will need to have a bachelor’s degree in business or a related field.

If you have the necessary qualifications and experience, then you can apply for a natural sciences manager position at an oil and gas production company.

12. Chemical Engineers – $139,260

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The median salary for a chemical engineer in the oil and gas production industry is $139,260.

To become a chemical engineer, you will need at least a bachelor’s degree in engineering.

In addition, you will need to have experience in the oil and gas industry.

If you have the necessary qualifications and experience, then you can apply for a chemical engineer position at an oil and gas production company.

12. Industrial Production Managers – $139,080

The median salary for an industrial production manager in the oil and gas production industry is $139,080.

To become an industrial production manager, you will need at least five years of experience in the oil and gas industry.

In addition, you will need to have a bachelor’s degree in business or a related field.

If you have the necessary qualifications and experience, then you can apply for an industrial production manager position at an oil and gas production company.


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14. General and Operations Managers – $138,790

The median salary for a general and operations manager in the oil and gas production industry is $138,790.

To become a general and operations manager, you will need at least five years of experience in the oil and gas industry.

In addition, you will need to have a bachelor’s degree in business or a related field.

If you have the necessary qualifications and experience, then you can apply for a general and operations manager position at an oil and gas production company.

15. Mining and Geological Engineers – $138,380

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The median salary for a mining and geological engineer in the oil and gas production industry is $138,380.

To become a mining and geological engineer, you will need at least a bachelor’s degree in engineering.

In addition, you will need to have experience in the oil and gas industry.

If you have the necessary qualifications and experience, then you can apply for a mining and geological engineer position at an oil and gas production company.

16. Mining Safety Engineers – 138,280

Mining safety engineers work in oil refineries, mining sites and other industrial settings to ensure that workers are safe from hazards such as explosions, cave-ins and fires.

It’s their job to develop policies on how to prevent these accidents from occurring, as well as train employees on safety procedures.

Mining safety engineers typically earn $138,280 per year.

Bottom Line

These are just a few of the high-paying jobs that you can find in the oil and gas production industry.

If you have the qualifications and experience, then you can apply for one of these positions.

With the right qualifications and experience, you can make a great career for yourself in this industry.

So, what are you waiting for? Start your search today!

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