Originally posted by: LordMorpheus
Originally posted by: LS21
reservoir & production fo sho
when oil prices are down, drilling (well planning) is the first to go
they'll always need good REs and PEs to optimize production of current reservoirs
Yeah, I work for a large oilfield services company, doing development work on a reservoir tools. The drop in oil prices has hit us right in the nuts, but the engineers at the tech centers are fairly secure, the field guys have to worry.
We actually have a program where a new hire spends 18-24 months as a field engineer before coming to work at a tech center, if you want to get some more hands-on experience.
Originally posted by: FelixDeKat
I'd hedge my bets and diversify into solar and wind engineering if possible.
Not really a viable option. Most of the new tech is being developed by universities or small start-up type things, and the number of jobs available is for practical purposes zero when compared with the amount of work available in oil.
And, being realistic, oil isn't going anywhere in our lifetimes. We'll be less dependent on it, but we'll still need it in large quantities.