As
we brace ourselves for new regulations out of Washington, it is important
to remember people still depend on our industry to supply the energy the
world needs. A new case study conducted by the U.S. Energy
Information Administration (EIA) states that oil demand in the U.S. will
remain near its present level through 2035. While the study concedes
that new growth in demand can to a small degree be met by alternative
energy sources oil will not be replaced for a very long time. The
study also projects that the increasing supply from shale gas production
will be needed to meet the demand of the U.S. population. We
will be faced with doing this responsibly and complying with tougher
standards which will come with a cost. In
the same newer regulatory environment, the market for HSE professionals
will continue to grow as companies are beginning to understand the
implications of the rules about to come our way. The employment
outlook
for this and other
upstream areas
is very bullish. As the country and the world come out of this recession, we think there are good opportunities for solid employment in the energy sector. Energy still is, and will remain, one of the cornerstones for a vibrant economy. Your Friends at Collarini
Engineering
Employment Outlook for 2010 - Promising News This year begins with a more positive outlook for the oil
and gas industry. The
general consensus appears to be that the oil and gas industry will fare
better in 2010 than it did in 2009.
Drilling rig counts are trending upward, commodities brokers are
declaring an expectation of higher level oil prices, and the demand for
qualified personnel is on the rise.
In its report, Integrated Oil Bottoms Out as Demand Growth Resumes, Moody's
Investor Service indicated that a strengthened economic recovery in 2010
will stimulate demand for hydrocarbon products, and the recent price
upswings in oil should be maintained by higher global demand. The first and second quarters of 2009 were dismal, with
project cancellations, employee layoffs, and prices in a death spiral.
However, fourth quarter 2009 exhibited signs of leveling and
stabilization. Specifically
the months of November and December 2009, which are traditionally flat
months in staffing with the holidays pending and no new projects slated
to begin until after the New Year, exhibited an unusual, but welcome,
demand for staffing. Fourth
quarter 2009 requests for reservoir engineering personnel decreased 23%
compared to first quarter demand, comparable with the 21% decrease
between the same two quarters in 2008 and significantly improved over
the 57% decrease seen in 2007. Requests
for drilling and production personnel in fourth quarter 2009 were up 14%
from first quarter demand, signaling a restart of previously postponed
projects. The most requested skill set of reservoir engineers from
November 2009 to date is classical reservoir engineering, a change from
fourth quarter 2008's most requested skill set of reservoir simulation.
Across the board of upstream engineers, demand for candidates
with deepwater exposure remains strong as deepwater Gulf of Mexico
projects continue. Requests
for candidates with unconventional tight gas and shale gas experience
are also on the rise. A
Baker Hughes report regarding natural gas rig counts rising as a result
of unconventional shale drilling in the Haynesville and Marcellus plays
backs this observation. Salaries for upstream engineers did not reflect a significant downturn as might have been expected based on industry conditions at the beginning of 2009. Quickly escalating salaries as a result of $145 dollar a barrel oil prices were slowed by the sudden drop to $50 a barrel, but were not derailed. In 2009, the average base salary in the US for petroleum engineers according to the 2009 SPE survey was $140,000; estimated salary ranges thus far in 2010 for new positions indicates there will be little change in this average and possibly a slight increase.
We
expect, and are currently experiencing, elevated business activity in
2010. We anticipate
requests for qualified personnel to continue in this first quarter and
are optimistic that the second quarter will show an increase over
current levels. Opportunities
in deepwater and unconventional plays are expected to fuel demand for
personnel along with a general shortage of petroleum engineers.
The following biographies are just a small sampling of the kind of talent available in our talent pool of over 17,000 experts. Please call our placement managers if you are interested in learning more about these professionals, or check out our website for more candidates. Accountant
with a bachelor's degree in accounting and 21 years working for one of the
major oil and gas companies. Experienced in financial analysis, general
accounting, project cost, and budget planning. Additionally experienced in
AP, billing, recovery cost, payroll, monthly closing process, cash
projection scheduling, financial planning analysis, GL account
reconciliations, financial statement preparation, fixed asset accounting,
and system upgrades. Software proficiencies include SAP FICO, PeopleSoft,
Visio, and Excel (power user). Ask for A813.
Geophysicist
with
a bachelor's degree in geology and geophysics and over 25 years of
experience working for midsize oil and gas companies. Experienced in
prospect generation and evaluation, project coordination, exploration and
development, and negotiations. Drilled over 200 wells with over a 50%
success rate on wildcat wells and a 90% success rate on development wells.
Geographic areas of experience include the Gulf of Mexico, west and north
Africa, the Mediterranean Sea, offshore North Irish and Celtic Seas, Bohai
Bay, and the offshore Caribbean. Software proficiencies in SMT, GeoQuest
and Landmark. Ask for GP1124. Geoscience
Technician with
a bachelor's degree in geological sciences and over nine years of
experience working for small oil and gas and service companies.
Experienced in developing programs, creating functions for easy-to-read
data support, interpreting graphical based documents, project management,
maintaining internal network systems, and administering large data sets.
Geographic areas of experience include the Michigan basin, onshore and
offshore Oman, Namibia, and offshore Panama. Software proficiencies
include GeoPLUS, Petra, SMT, and ESRI ArcMap software packages. Ask
for G1949.
Reservoir
Geologist with
a PhD in Geology and over 27 years of experience working for both major
and large independent oil and gas companies. Experienced in geomodeling,
geostatistics, sequence stratigraphy, facies analysis, petrophysics,
mapping, correlation, volumetrics, project management and mentoring, and
workflow development. Geographic areas of experience include the deepwater
Gulf of Mexico, Rocky Mountains, Argentina, the Permian Basin, California,
and Texas. Software skills include Petrel, Petra, Irap-RMS, GOCAD,
PowerLog, JGW, FastTracker, Geolog, and Landmark. Ask for G1934.
Production
Engineer with
a bachelor's degree in petroleum engineering and three years of oil and
gas experience working for a mid-sized independent. Experienced in
reviewing wells for workovers, performing nodal analysis, coordinating and
supervising wireline work, BHP surveys, and gas lift revisions; and
reviewing production volumes. Geographic areas worked include the Gulf of
Mexico shelf and west Texas. Software proficiency in WEM, Peep, PHDWin,
Petra, and OFM. Ask for P623.
Reservoir Engineer with a bachelor's degree in petroleum engineering and 40
years of experience in the oil and gas industry working for mid-sized to
large independents and consulting firms. Experienced in reservoir
evaluation, production optimization, field development, prospect
development, reserves evaluation, and economic evaluation. Geographic
areas worked include the mid-continent, Texas, Louisiana, Mississippi,
Utah, Wyoming, California, and the Gulf of Mexico. Software proficiency in
ARIES, PI/Dwights, and Rose Prospect Risk Analysis Suite. Licensed
Professional Engineer in the State of Texas. Ask for R40.
Reservoir Engineer with a bachelor's degree in petroleum engineering and 33
years of oil and gas experience working for large independents and major
oil and gas companies. Experienced in reserves analysis, economic
evaluations, budgeting, reserve reporting, production optimization,
reservoir surveillance, and acquisition analysis. Geographic areas worked
include the Gulf of Mexico shelf, the Gulf of Mexico coast, Texas,
Louisiana, Mississippi, the Rocky Mountains, and the mid-continent.
Software proficiency in Peep and ARIES. Ask for R71. Drilling Operations Engineer with 37 years of oil and gas experience working for
mid-sized to large independents and as a consultant. Experienced in
completions, workovers, waterfloods, fire floods, and onshore and offshore
drilling operations including deepwater drilling, high temperature and
high pressure drilling, high angle drilling, horizontal drilling, and salt
dome drilling. Geographic areas worked include the deepwater Gulf of
Mexico, deepwater offshore West Africa, the North Sea, deepwater offshore
South America, Texas, Louisiana, Mississippi, New Mexico, the Rocky
Mountains, California, and Alabama. Ask for D481. Project Manager with a bachelor's degree in mechanical engineering and 40
years of experience with engineering and construction companies. Expert in
project management from pre-FEED through commissioning of offshore and
onshore facilities. Experienced in gas facilities, deepwater FPSOs, oil
field pipelines, tankage and production facilities, and plant
modifications, expansions, and reconstruction. Geographic areas worked
include the Gulf of Mexico, Alaska, California, Nigeria, Kuwait,
Kazakhstan, Thailand, Malaysia, and Iran. Software proficiency in
Microsoft Project. Ask for PM373. Certified Negotiator and Contract Specialist with
a juris doctorate degree and 16 years of experience in the oil and gas
industry. Expert in domestic and international legal contracts,
negotiations, and procurement management. Experienced in contract
administration, sourcing, business analysis and procurement specifically
related to the preparation of proposals, design and negotiation of
contract terms and conditions, change orders, commercial bid analysis,
prequalification, and tender phase activities. Geographic areas worked
include the US, Equatorial Guinea, Egypt, Mexico, and Venezuela. Software
proficiency in SAP, Ariba, Ariba Procuri Suite, and MS Project. Language
proficiency in English, Spanish, Italian, and Portuguese. Ask for
L449. HSE Manager with a bachelor's degree in chemical engineering and 28 years of
experience with a major oil and gas company. Expert in managing safety in
design performance and policy setting, incident investigation, and process
safety. Experienced in health, safety and environmental case development
and case audits for exploration and production and chemical plant process
operations. Geographic areas worked include Canada, the Netherlands, and
England. Ask for HS778. Process Engineer with a bachelor's degree in chemical engineering, a
master’s degree in business administration, and 27 years of experience
working on projects for engineering companies in the oil and gas industry.
Expert in business development and sales, bidding and execution of risk
projects, and related legal and tax considerations. Experienced in process
engineering conceptual design, process simulation, and multidisciplinary
FEED/EPC upstream and downstream capital projects. Geographic areas worked
include the US, Mexico, Argentina, Brazil, Colombia, Peru, Venezuela,
Andean, Caribbean regions, and Spain. Ask for SM366.
The Place to be is HSE Despite
decades of industry-driven environmental initiatives (see this API
article), tougher rules are headed our way in the wake of the EPA's
Green House Gas Reporting Rule. The
rule became effective December 29, 2009 and promises to extend its full
reach by late 2011.
On
January 6, Interior Secretary Ken Salazar presented Order 3294,
"Energy Management Reform," which establishes a new energy
management policy. The order creates an "Energy Reform Team"
within the Office of the Assistant Secretary of Land and Minerals
Management.
Working
with the Bureau of Land Management, the Minerals Management Service and
Office of Surface Mining, the Energy Reform Team was formed to:
•"facilitate and ensure appropriate
coordination of onshore and offshore conventional and renewable energy
planning, leasing, permitting, authorizing, inspection, enforcement and
revenue activities; • oversee the identification, development, and
implementation of best practices and reforms that will improve the
Department's operations in service to the American public; • conduct planning and review future energy
development policies, strategies and options ... designed to assist in
meeting the Nation's energy needs; and • perform related activities aimed at improving
the efficiency, effectiveness and accountability of the Department's
management of energy resources ...." On the same day that the order was presented, an article in The
Wall Street Journal provided predictable responses. Supporters "hailed the announcement", saying it
"marked a significant step toward a balanced, common-sense approach
to energy development on public lands."
Opponents said the changes would continue the current
"administration's pattern of delaying development of natural gas on
federal lands in the West. The
changes will create extra layers of red tape."
One certainty is that as regulatory controls expand, so
will the responsibilities of HSE professionals. They will • need to monitor and update regulatory development, • provide regulatory advocacy, • coordinate permitting, • provide training, and • manage programs to monitor environmental performance
and ensure compliance is achieved.
As one source interviewed for this piece stated:
"The bottom line is that HSE professionals will ensure that sensible
and feasible environmental regulatory controls are established.
They will develop the internal programs necessary to ensure
compliance and protect company assets and ensure that ongoing energy
development projects are conducted in an environmentally sustainable
manner."
Connecting the Industry's Experts... Reservoir
Solutions the Industry Trusts...
Collarini
Associates
are petroleum engineers and geoscientists who specialize in evaluating
oil and gas reservoirs. Specific projects include integrated field
studies, acquisition evaluations, independent reserve appraisals, and
exploration and exploitation prospect generation and assessment. Our full
divestment services include creation and hosting of electronic and
physical data rooms in addition to the technical evaluation. Our teams in
Houston and New Orleans are very experienced and stand ready to help you
on projects of any size. Try us!
Guiding
Careers to the Next Level...
Collarini
Career Management applies its deep understanding of the career paths of
technical professionals in the E&P and EPC communities to help
companies and professionals build successful organizations and careers. We
leverage Collarini's unique combination of industry knowledge and
technical expertise to guide companies and individuals during transition,
training existing employees for high performance, and designing customized
technical training plans for companies and individuals.
Visit us on the web!
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