Supervising the extraction of hydrocarbons from subterranean reserves requires the expertise of a petroleum engineer. Optimising resource retrieval while upholding operational efficiency and safety is the primary responsibility of their job profile. Tasks in this job description are varied and include drilling, production optimisation, and reservoir study.

A Petroleum engineering B.Tech or M.Tech is required for aspiring engineers. A diploma in this discipline is another option for aspiring engineers. The ability to pass engineering entrance exams like JEE Advanced, JEE Main is usually a prerequisite for admission to these programmes. Interested one can view the article below for the complete details of Petroleum engineering for 2024.

Get Certified! Get Confident! Join our Oil and Gas Course! Today!

Scope of Petroleum Engineering

Graduates in petroleum engineering can find employment in petroleum refining. For a B. Tech in Petroleum Engineering, the starting salary is typically around INR 7 LPA. Depending on the industry, petroleum engineering graduates can make a variety of salaries.

After receiving a degree in petroleum engineering, students can find employment as petroleum engineers in any industrial, petroleum refining, or related company.

A student may elect to pursue research-based postgraduate coursework or an MTech in petroleum engineering upon successfully completing a BTech in the field. Furthermore, a few universities provide an integrated five-year programme that enables students to earn a bachelor’s and a master’s degree upon programme completion.

Scope of Petroleum Engineering in India

Petroleum engineering is a sub-discipline of mining engineering that focuses primarily on the production and extraction of hydrocarbons, such as natural gas and crude oil. India currently uses petrol and oil in the third-largest amount worldwide, and demand for these resources is only expected to rise in the years to come.

To help meet this expanding need, petroleum engineers are highly sought after in India. Petroleum engineers would likely be in greater demand in India as a result of the government’s initiatives to boost domestic gas and oil output. Many universities and research institutes in India also offer research and training opportunities related to petroleum engineering.

Experts in petroleum engineering look into what a business needs to run well and try to make the technology that is already in place better. This assignment could include adding new features and improving processes for auto manufacturing plants. A B. Tech in Petroleum Engineering is a lucrative professional option for petroleum engineers. They can find work in the following industries:

• Oil and Gas Industry
• Petroleum Industry

Scope of Petroleum Engineering in Various Sectors

There are numerous career possibilities in the petroleum engineering sector in India.

Exploration and Production (E&P)

Long-term research into an area’s geological past, possible extraction targets, and hydrocarbon volume estimation are all part of the exploration process. India has enormous potential for the exploration and production of petroleum, with prospects for hydrocarbon discoveries available in both onshore and offshore regions.

Top oil and gas companies including Indian Oil Corporation Limited (IOCL), Oil and Natural Gas Corporation (ONGC), and Oil India Limited (OIL) employ petroleum engineers. These companies work in the fields of drilling operations, reservoir modelling, production optimisation, and field development planning.

Refining and Petrochemical

In petroleum engineering, the field of petrochemicals and refining is highly broad and offers opportunities to work on many downstream industry sectors. Also Petroleum engineers can work in the field of process engineers, operations engineers, process safety engineers, project engineers, environmental engineers, research and development engineers, technical sales engineers. They can  also work as quality control engineers in the petrochemical and refining industries.

Refining and petrochemical services are critical components of the oil and gas industry’s downstream sector. It refines crude oil into various products and produces petrochemicals. They can help with plant operations, product quality control, and the design and optimization of refinery processes.

Oilfield Services

Petroleum engineers can also select from various positions within oilfield services, including those related to drilling, well completion, production enhancement, reservoir evaluation, well testing, production logging, well intervention, and production chemistry. Furthermore, numerous types of technical solutions and expertise are available to support oil and gas operations through additional career categories in this industry. They are equipped with a wide range of expertise, equipment, and technology to support global oil and gas activities. These businesses collaborate with exploration and production corporations to offer cost-effective solutions, ultimately helping to bring oil and gas projects to completion.

Consulting Firms

They work with oil and gas companies, government agencies, and other industries to provide technical expertise and advise to their clients. Petroleum engineers can work as consultants for asset management, financial analysts, environmental and regulatory consultants, risk managers, facilities engineers, reservoir engineers.

They provide specialized expertise and support in several kinds of petroleum engineering domains, such as environmental management, production, exploration, and refining

Academics

Petroleum engineers may choose to serve as instructors and researchers at universities and colleges. They can do specialized research, instruct aspiring engineers, as well as contribute for academic publications. Petroleum engineers have a lot to offer India’s energy sector if they embrace change and adjust to their specific circumstances. With the growth of technology, scenarios in the petroleum industry are also changing.

Research and Development

The goals of petroleum engineering research and development centers and institutes include improving operational effectiveness, lower expenses, raising recovery rates, and addressing sustainability and environmental issues. The findings of the study contribute to India’s aims for energy security and the development of the country’s petroleum industry.

Regulatory and Government Agencies

Petroleum engineers might be involved in the development of regulations, resource assessment, environmental compliance, and safety specifications in this particular domain. Petroleum engineers are also hired by government organisations to oversee and manage India’s oil and gas resources, including the Directorate General of Hydrocarbons (DGH), Oil India Limited (OIL), and the Oil and Natural Gas Corporation (ONGC).

Get Certified! Get Confident! Join our Oil and Gas Course! Today!

Scope of Petroleum Engineering in Government Sector

Petroleum engineers can hold extra certifications in the government sector, such as:

Scope of Petroleum Engineering in Private Sector

Petroleum Engineer Salary in India

In India, INR 4.10 Lakhs is the average annual income for a petroleum engineer. The monthly salary of a petroleum engineer might range from INR 31,941 to INR 33,226. A Petroleum Engineer’s greatest compensation is INR 20.40 Lakhs, while the starting wage for someone new to the sector with less than three years of experience is INR 4.40 Lakhs.

Another factor that affects compensation packages is the industry in which one works. The experience, expertise, and skills of a petroleum engineer play a major impact in their salary package. Petroleum engineers can find employment in a variety of petroleum-related professions.

Petroleum Engineer Salary: Experience Wise

Candidates with prior industry work experience typically make more money than those who are fresh to the field. Below is a breakdown of petroleum engineers’ salaries according to experience.

Petroleum Engineer Salary: Designation Wise

The Petroleum engineers have different pay scales according to their work titles and roles. Junior posts, which are usually staffed by recent graduates, typically pay less than positions requiring seniority and experience. An overview of the typical pay for petroleum engineers with various designations can be found below.

Petroleum Engineer Salary: City Wise

The region or city in which a petroleum engineer resides has an impact on their pay as well. Compared to individuals who live in suburban regions, petroleum engineers who work in large cities make more money. Petroleum engineers’ salaries are determined by taking into consideration various aspects, including daily expenses and the cost of living. A table showing petroleum engineers’ wages in various cities may be found below.

Promotions of Petroleum Engineer 2024

Typically, promoting a petroleum engineer entails moving up the responsibility and competence ladder. A person’s ability to advance in this sector is mostly determined by their educational background, practical experience, technical proficiency, and leadership qualities. The following provides a detailed explanation of the progression paths for petroleum engineers:

Entry-Level Engineer

Petroleum engineers with a bachelor’s degree in petroleum engineering or a similar discipline who just graduated frequently start out as entry-level engineers. They might work as production, reservoir, or field engineers, concentrating on building a strong foundation in the field and gaining practical experience. This stage’s main focus is on becoming proficient in data collection, reservoir analysis, and equipment operation.

Junior Engineer

Engineers are often promoted to junior engineer roles after a few years of real-world experience. They manage more difficult jobs like designing well completions, streamlining the drilling process, and doing preliminary reservoir assessments in this role. Usually, more seasoned coworkers supervise junior engineers.

Intermediate Engineer

Petroleum engineers may advance to positions as intermediate engineers after gaining five to 10 years of experience. By now, they have gained a more profound comprehension of their particular field of specialisation in petroleum engineering, be it production, drilling, or reservoir analysis. Frequently, intermediate engineers oversee junior engineers, take the lead on smaller projects, and begin to participate in decision-making.

Senior Engineer

Senior engineers have a lot of experience; they have usually worked in the area for more than ten years. They are experts in their fields and frequently manage more complex projects including reservoir models, drilling engineering, and field development plans. Senior engineers have a big part to play in training and mentoring their less experienced peers.

Lead Engineer/Supervisor

For experienced petroleum engineers, the next step is to become a lead engineer or supervisor. These jobs involve managerial duties, which include supervising teams and making strategic choices about projects. Lead engineers are in charge of making sure that projects stay on track, stay within budget, and achieve performance goals. They might also work on complex technical problems.

Management/ Executive Roles

The highest positions in the petroleum engineering career ladder can be held by people in management or executive roles with names like “Engineering Manager,” “Technical Director,” or “Vice President of Operations.” Petroleum engineers take on the duty of overseeing entire departments or businesses in the oil and gas industry in these roles. Their impact extends to financial planning, driving business development and innovation, and making critical strategic decisions.

Future Scope of Petroleum Engineers in India

• India’s increasing reliance on non-renewable energy sources has raised the significance of the Petroleum Engineering degree in recent years.
• One can go into management or other Petroleum Engineering fields after earning this degree.
• Numerous businesses and jobs are open to you if you have a degree in petroleum engineering.
• Experts can actually work for businesses that deal with chemicals, the fertiliser sector, or the exploration of natural gas.
• First of all, working in a range of fields is a tremendous chance provided by petroleum engineering. Petroleum engineers can work in refining, building and maintaining pipelines, developing new fuels, and producing oil and gas. Petroleum engineers can select a job that best suits their interests and skill set because they have so many possibilities.
• Second, the field of petroleum engineering is expanding. Petroleum engineers should find great demand in the upcoming years as a result of the growing reliance of the world community on oil and gas resources. This implies that there are numerous career options available to gifted petroleum engineers.
• Finally, petroleum engineering offers excellent pay and benefits. Most positions in this industry have competitive salary and generous benefit packages that include health insurance, retirement plans, and vacation time.

Entri App- Best Oil and Gas Course Online

Entri’s Oil and Gas Course is among our top programs, specifically designed for individuals interested in pursuing a rewarding career in the oil and gas industry. It’s ideal for those dreaming of lucrative opportunities in the petroleum and energy sectors in India and around the world.

The Oil and Gas Course at Entri is not like other classroom experiences. It is a comprehensive training programme that gives you the abilities and information need to be successful in the fascinating field of oil and gas. You will have the opportunity to apply what you have learned in real-world scenarios, which will enhance the value of your education and increase your chances of getting a fantastic job.

Skill required:

• Engineering background preferred
• Healthy and fit for field work to enhance practical exposure
• Understanding of Core Engineering Terminologies
• Ability to create Documentation and Reporting
• Familiarization with Oil and gas Industry standards

Key Diferentiations:

• Training by Industry Proessionals
• Indusrty Interaction Sessions
• Live Projects
• Job oriented Curriculum
• Full time Assisgnment Support team

Get Certified! Get Confident! Join our Oil and Gas Course!

FAQs

Q. Are petroleum engineers in demand in India?

Ans: India is the third-largest global user of gas and oil, and in the upcoming years, there will only be more demand for these resources. Petroleum engineers are in high demand in India to assist fulfill this growing need.

Q. Is there any scope for petroleum engineering in India?

Ans: Petroleum Engineering can be pursued by anyone who wishes to establish a career as a Petroleum Engineer or Scientist and work with top oil and gas companies around the world.

Q. What is the highest salary of petroleum engineer in India?

Ans: The monthly salary range for a petroleum engineer is INR 31,941 to INR 33,226. A Petroleum Engineer’s greatest income is INR 20.40 Lakhs, while newcomers to the industry with less than three years of expertise can anticipate starting at INR 4.40 Lakhs.

Q. Do petroleum engineers have a future?

Ans: With the rising energy needs of the world, the scope of petroleum engineering continues to expand, opening new career opportunities.