How do I start my own oil drilling business?

In order to be successful at starting an oil and gas company today, you should consider the following steps;

1. Research.
2. Decide where you want to invest.
3. Get your funding.
4. Hire a team or talent.
5. Get licenses and check regulations.
6. Make a business plan.
7. Identify your investors.
8. Get the right equipment.

How do I become an oilfield consultant?

Aspiring drilling consultants will need at least a bachelor’s degree – in petroleum engineering, drilling, geology or mechanical engineering. But these aren’t exclusive; some drilling consultants also have degrees in nuclear engineering. “Engineering-based degrees are preferable.

What is oil and gas exploration companies?

Upstream, or exploration and production (E&P) companies, find reservoirs and drill oil and gas wells. Midstream companies are responsible for transportation from the wells to refineries and downstream companies are responsible for refining and the sale of the finished products.

How long does it take to become a drilling consultant?

Many drilling consultants have 20 to 30 years of oilfield experience. However, it is not uncommon for individuals with 10 to 15 years’ experience to break into these roles.

How much money does an oilfield consultant make?

While ZipRecruiter is seeing annual salaries as high as $120,500 and as low as $21,500, the majority of Oil Field Consultant salaries currently range between $36,500 (25th percentile) to $80,500 (75th percentile) with top earners (90th percentile) making $98,500 annually across the United States.

How much money do oil riggers make?

While ZipRecruiter is seeing annual salaries as high as $293,500 and as low as $18,500, the majority of Oil Rig Worker salaries currently range between $32,000 (25th percentile) to $90,000 (75th percentile) with top earners (90th percentile) making $130,000 annually across the United States.