Petroleum Engineers Enjoy Highest Projected Salary Growth: ABC News Last week ABC News reported that chemical engineer and mechanical engineer are two of the degrees college students can seek that can lead to jobs as petroleum engineers, a career with an average salary of $130,280. Petroleum engineers do not only currently enjoy generous pay rates, but ABC reports that the
A total of 117 companies from global industry leaders including Royal Dutch Shell (ticker: RBS.A), Halliburton (ticker: HAL) and Petrobras (ticker: PBR), to dozens of E&Ps including Range Resources (ticker: RRC), WPX Energy (ticker: WPX), Cabot Oil & Gas (ticker: COG) and Oasis Petroleum (ticker: OAS), to a select group of privately-held companies like D-J Resources and Fifth Creek Energy,
Completion Engineer replaces Geophysicist for top slot The Colorado School of Mines has roughly 740 total petroleum engineering students enrolled today, about 190 of whom are slated for graduation in 2015. “Petroleum is driving our enrollment,” Colorado School of Mines Department of Petroleum Engineering’s Interim Department Head, Dr. William W. Fleckenstein, told Oil & Gas 360® at EnerCom’s The Oil
A few themes are emerging as companies present their stories at EnerCom’s The Oil & Gas Conference 19® in Denver this week. There is no question all the E&P companies are focused on finding, testing and developing the best science and technologies the industry has to offer when it comes to well completion techniques and fracture stimulation variation. Slick water,
After a full morning of investor presentations by leading oil and gas companies including Range Resources (ticker: RRC), Core Laboratories (ticker: CLB) and Whiting Petroleum (ticker: WLL), Colorado Governor John Hickenlooper took the stage during a surprise visit to EnerCom’s 19th Oil & Gas Conference today. The governor pointed out that “unemployment in Colorado is down to 5.3% to pre
Fred Upton, Chairman of the House Energy & Commerce Committee, referenced this week’s Fox News special report entitled “No Fracking, No Boom” in his blog update today. The blog compared the jobs-driven economic uplift in Pennsylvania to New York’s southern counties’ six year employment decline in the absence of shale development in his blog post today. The Chairman’s state of
Bellatrix Exploration Ltd. (ticker: BXE) is a Calgary-based E&P operating in the Western Canada Sedimentary Basin. The majority of operations are focused on the Cardium tight oil play in Alberta – an area that has boosted production rates tenfold since 2008. Horizontal drilling and hydraulic fracturing has revitalized the region and current estimates place recoverable reserves of the Cardium at
Two initiatives targeting Colorado’s oil and gas industry are effectively dead as of yesterday, August 4, 2014. The announcement was a somewhat surprising end to a escalating issue spearheaded by two Democratic officials. Popular sentiment among local and national news outlets is the two sides reached a compromise to not only work through industry regulations in a diplomatic fashion, but
Ethane, one of the natural gas liquids (NGLs), is a byproduct of natural gas production. Ethane is used as petrochemical feedstock and is key in making polyethylene—plastic. Ethane is also used in the production of products like antifreeze and detergents. Ethane prices in the U.S. have dropped with the abundance of gas coming out of the U.S. shale basins. The
Initiatives 88 and 89 have been officially withdrawn, Governor John Hickenlooper announced at the Colorado state capitol on August 4, 2014. Representative Jared Polis, the leader of the initiatives, reached a compromise with the governor earlier on the Aug. 4 deadline to submit signatures associated with the ballot measures. The initiatives had reportedly collected more than 200,000 signatures and Polis
The Shale Revolution has transformed the Bakken Shale from an area with production below 200 MBOEPD to the nation’s third largest producing oil field. Its transformation has been a staple of growth in North Dakota – a state growing at five times the rate of any of its competitors. Production in August 2014 is forecasted to surpass 1,100 MBOEPD, trailing
It was a cold, rainy day in downtown Denver when an Oil & Gas 360® reporter was greeted in the bathroom at the EPA office building: “Lovely weather out there, huh? Even God’s saying there’s a carbon problem!” The U.S. Environmental Protection Agency announced in June that its stated goal is to reduce U.S. carbon dioxide emissions by 30 percent by 2030.
