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Are you looking for a list of offshore drilling companies because you are looking for a job in an offshore oil rig? Have you tried the big boys like Shell and BP, etc? No results, or don’t want to try them for some reason?

Besides the obvious list of big boys like Shell and BP, you can also look for offshore drilling companies which do wildcatting or provide sub-contracting offshore oil drilling services to the major players. There are potentially hundreds of smaller companies which do this. Rather than cover the whole spectrum of finding oil, drilling for it and then refining and distributing the oil, these relatively small companies (for the oil and gas industry) concentrate on providing offshore drilling services. Some of them were formed during the last slump in oil prices by far-sighted investors with deep pockets, buying up equipment for pennies on the dollar. Many more were popped up just before the current boom in oil prices, or just recently to cater for the spike in demand for oil drilling services.

Here is a list of 50 offshore drilling companies to get you started:

• Nabors Industries
• Transocean
• Diamond Offshore
• Rowan Companies
• Schlumberger
• Stena Drilling
• Tesco Drilling
• Transocean Sedco
• Prosafe ASA
• Abbot Group
• Acteon
• Akita Drilling
• Altinex
• Atwood Oceanics
• Baker Hughes
• China Oilfield Services
• Crosco Drilling
• Dolphin Drilling
• Egyptian Drilling Company
• Franklin Howard International
• Fred. Olsen Energy
• Geoservices
• Global Marine Drilling
• GlobalSantaFe
• IKM Subsea Design
• Japan Drilling Co
• KCA Deutag Drilling
• Maersk Contractors
• Metzke Engineering
• Noble Drilling
• Pajak Engineering
• Parker Drilling
• PetroMena
• Reamco
• Seadrill
• Smedvig
• Smith International
• ENSCO International
• BLAKE Offshore
• CDIS
• Coastal Drilling Company
• Crosco
• Extended Reach Drilling
• Frigstad Offshore
• Jindal Drilling & Industries
• KCA DEUTAG Drilling
• Marine Drilling Companies
• National Drilling Services
• Neptune Drilling
• Ocean Rig

Do note that these are just 50 out of hundreds, with many more new companies formed each month to cater for the growing demand of the oil rush. As the entire oil and gas industry is very fast-moving right now, there is no guarantee that all the companies will still be around. After all, the major players like Shell will almost certainly try to buy them up to secure their own supply of oil rigs and crew. Some of these companies provide both onshore and offshore services and may even provide pipelining services, so be sure to make it clear in your cover letter and resume/cv.

Not all of the companies have websites or email. You may need to do some digging to find their snail mail or off-line address so that you can send them you cover letter and resume through the post office.

To get an offshore drilling job, you can go to the major players, or you can try the smaller specialist offshore drilling companies. The major players are of course more stable (at least during the oil boom). The smaller companies, on the other hand, provide more opportunity for advancement if you are bright and hardworking.

Posted under Oil and Gas Companies

Basically an Oil and Gas Landman is the individual who checks title to the land where the oil company is interested in drilling a well. The geologist studies graphs and seismic data to determine a good spot where oil and gas will be located in the ground. It will then become the job of the Landman to lease this acreage from the owner so that a well can be drilled.
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Posted under Oil and Gas Companies

Drilling Rig Jobs: Is Earning $100,000 Per Annum Too Good To Be True?

Like anything which involves money, employment and greed, drilling rig jobs is subject to scams. A trick used by fake offshore employment web-sites is to post oilfield job vacancies with very high salaries. How is a job seeker to know if a web-site or job is real or fake? One way is to learn what are the typical rig employment salaries.

Obviously, a job posted on Shell’s web-site is not a scam. Unfortunately, most jobs posted on oil company web-sites tend to be high level executive positions, for example country managers. Most entry level jobs in the oil field are found with oil contractors and oil services companies, who post their jobs through job agencies and third party job web-sites.

You may think that going to a reputable site like Monster will guarantee that the job is real. However, experienced job seekers can tell you that quite a few disreputable job agencies also trawl these large job boards to pick up desperate job seekers. While these are not outright scams, an unwary job seeker could find himself giving up half of his first month’s salary as a fee to some dishonest job agencies.

Here are some rig employment salary statistics from Canada, reported in 2006. This means the data was gathered around 2003-2005:

Toolpusher (who leads the management crew on the oil rig) earns $110,000
Managers (in the head office) earn up to $170,000
Entry level roustabouts earn $55,000
Painters earn $58,000
Mud engineers earn in excess of $70,000
Ditto medics – $70,000
Radio operators – $60,000
Derickman – $65,000
Driller – $85,000
Assistant driller – $70,000
Cooks and bakers – $60,000

So, is $100,000 per year for drilling rig jobs too good to be true? That depends on the position. In February 2008, the Wall Street Journal reported that fresh petroleum engineering graduates can easily earn in excess of $100,000 not including perks and signing bonuses. Compare this to 2003, when the starting salary was $55,000. The same goes for geology graduates, reported the American Association of Petroleum Geologists in April 2008.

As you can see, in just 5 years the salaries for some positions have nearly doubled. Why? Part of the answer lies in the rise of the Indian and Chinese economies, where 2.5 billion people are finally growing in prosperity and need more oil. Another part of the answer lies in too many years of under-investment in oil rigs and workers. Too many of today’s experienced oil rig workers were hired in the 1970s, and will be starting to retire in a few more years, just when many new oil rigs are becoming operational. For example, Noble Corporation is bringing 5 new oil rigs to production in the next 2 years, and will need 1500 vacancies filled.

A medium sized agency specializing in oil employment could have up to 1000 job postings in their database, with maybe 20 new drilling rig jobs offered everyday. Despite salaries which are higher than what you can normally earn in jobs outside the oil field, there is high turnover rate of workers. Life on the oil rigs and oil fields is tough, and many new workers just cannot handle it. This is especially the case for married workers, who find the 2 weeks on and 2 weeks off schedule very difficult on their marriages.

For the next decade, salaries for drilling rig jobs will remain high. In the past century, experience has shown that commodities operate on a 15 to 20 year cycle, so rig employment is unlikely to drop until 2020. This is a good time for new hires to get their foot in the door of the lucrative oil industry.

By: Calvin Loh

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Posted under Oil and Gas Companies