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Reservoir engineering consultant vs oil well engineer

The differences between reservoir engineering consultants and oil well engineers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a reservoir engineering consultant and an oil well engineer. Additionally, a reservoir engineering consultant has an average salary of $118,972, which is higher than the $83,972 average annual salary of an oil well engineer.

The top three skills for a reservoir engineering consultant include eclipse, field development and economic analysis. The most important skills for an oil well engineer are AFE, engineering support, and well design.

Reservoir engineering consultant vs oil well engineer overview

Reservoir Engineering ConsultantOil Well Engineer
Yearly salary$118,972$83,972
Hourly rate$57.20$40.37
Growth rate8%8%
Number of jobs59,0902,568
Job satisfaction--
Most common degreeBachelor's Degree, 44%Bachelor's Degree, 82%
Average age4343
Years of experience88

Reservoir engineering consultant vs oil well engineer salary

Reservoir engineering consultants and oil well engineers have different pay scales, as shown below.

Reservoir Engineering ConsultantOil Well Engineer
Average salary$118,972$83,972
Salary rangeBetween $57,000 And $246,000Between $47,000 And $147,000
Highest paying CityOklahoma City, OKTulsa, OK
Highest paying stateNevadaNevada
Best paying companyHessExxon Mobil
Best paying industry--

Differences between reservoir engineering consultant and oil well engineer education

There are a few differences between a reservoir engineering consultant and an oil well engineer in terms of educational background:

Reservoir Engineering ConsultantOil Well Engineer
Most common degreeBachelor's Degree, 44%Bachelor's Degree, 82%
Most common majorPetroleum EngineeringPetroleum Engineering
Most common collegeStanford UniversityStanford University

Reservoir engineering consultant vs oil well engineer demographics

Here are the differences between reservoir engineering consultants' and oil well engineers' demographics:

Reservoir Engineering ConsultantOil Well Engineer
Average age4343
Gender ratioMale, 98.0% Female, 2.0%Male, 88.3% Female, 11.7%
Race ratioBlack or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 7.5% Asian, 18.3% White, 66.3% American Indian and Alaska Native, 0.3%Black or African American, 4.2% Unknown, 4.7% Hispanic or Latino, 10.6% Asian, 17.1% White, 63.0% American Indian and Alaska Native, 0.3%
LGBT Percentage5%5%

Differences between reservoir engineering consultant and oil well engineer duties and responsibilities

Reservoir engineering consultant example responsibilities.

  • Manage budget and AFE writing for multi-billion dollar development project.
  • Develop and manage a Spotfire production dashboard for cross-divisional consumption and reporting.
  • Supervise execution of design CO2 flood.
  • Monitor progress of workovers and new drilling projects.
  • Advise on best practices to run tertiary recovery for NBU and optimize CO2 flood.
  • Define assumptions, project OPEX, CAPEX, deliverables for each discipline function and integrate same for concise budget cycle.
  • Show more

Oil well engineer example responsibilities.

  • Manage development and production on several large, fast-track projects including waterfloods, a steamflood, and CO2 EOR.
  • Coordinate activities with ModuSpec to ensure the rig are properly inspect and in compliance with API 4F.
  • Develop detailed operational sequences and cost estimation for AFE approval.
  • Manage development and production on several large, fast-track projects including waterfloods, a steamflood, and CO2 EOR.

Reservoir engineering consultant vs oil well engineer skills

Common reservoir engineering consultant skills
  • Eclipse, 22%
  • Field Development, 12%
  • Economic Analysis, 11%
  • PVT, 10%
  • PTA, 9%
  • Petrel, 6%
Common oil well engineer skills
  • AFE, 37%
  • Engineering Support, 29%
  • Well Design, 18%
  • Data Acquisition, 6%
  • HSE, 6%
  • API, 4%

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